The board of directors of PotlatchDeltic Corp. has declared a quarterly distribution on the Company's common stock. The distribution of $0.40 per share is payable September 28, 2018 to stockholders of record on September 14, 2018. The Board also approved a special dividend on PotlatchDeltic’s common stock of approximately $222 million, or $3.54 per share based upon the number of shares currently outstanding. The [...]
SPOKANE, Wash., July 30, 2018 -- PotlatchDeltic Corp. today reported net income of $46.1 million, or $0.73 per diluted share, on revenues of $268.2 million for the quarter ended June 30, 2018. Second Quarter 2018 Highlights Consolidated Adjusted EBITDDA of $94.2 million and Adjusted EBITDDA margin of 35.1% Wood Products Adjusted EBITDDA of $51.5 million and Wood Products Adjusted EBITDDA margin of 26.6% On track with $50 [...]
PotlatchDeltic Corp. Standard & Poor’s Global Ratings announced July 6, 2018 an upgrade in PotlatchDeltic’s corporate credit rating outlook and issue-level ratings on senior unsecured debt to BBB- from BB+. The rating outlook is stable. S&P cited strong demand and pricing, timberland coverage, high margins and conservative financial policies as factors that led to the upgrade. PotlatchDeltic is investment [...]
SPOKANE, Wash., June 28, 2018 -- PotlatchDeltic Corp. will release second quarter earnings on Monday, July 30th, after the market closes. A live conference call and webcast will be hosted by Michael J. Covey, chairman and chief executive officer on Tuesday, July 31st at 9:00 a.m. Pacific Time . Investors may access the webcast at www.potlatchdeltic.com by clicking on the Investor Resources link or by conference call at [...]
SPOKANE, Wash., May 24, 2018 -- PotlatchDeltic Corp. announced today that Michael J. Covey, chairman and chief executive officer and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at the REITWeek conference in New York, June 7, 2018 at approximately 11:45 AM Eastern Time. The live audio webcast of the presentation will be available via the Investor Resources [...]
SPOKANE, Wash., May 09, 2018 -- The board of directors of PotlatchDeltic Corp. has declared a quarterly distribution on the Company's common stock. The distribution of $0.40 per share is payable June 29, 2018 to stockholders of record on June 7, 2018. About PotlatchDeltic PotlatchDeltic Corp. is a leading Real Estate Investment Trust that owns nearly 2 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana [...]
SPOKANE, Wash., May 03, 2018 -- PotlatchDeltic Corp. today reported net income of $14.6 million, or $0.29 per diluted share, on revenues of $199.9 million for the quarter ended March 31, 2018. First Quarter 2018 Highlights Merged with Deltic Timber on February 20, 2018 to form PotlatchDeltic On track with $50 million in after-tax annual cash synergy run rate in year two; achieved $30 million run rate as of March 31, 2018 [...]
SPOKANE, Wash., April 03, 2018 -- PotlatchDeltic Corp. will release first quarter earnings on Thursday, May 3rd, after the market closes. A live conference call and webcast will be hosted by Michael J. Covey, chairman and chief executive officer on Friday, May 4th at 9:00 a.m. Pacific Time . Investors may access the webcast at www.potlatchdeltic.com by clicking on the Investor Resources link or by conference call at [...]
SPOKANE, Wash., Feb. 22, 2018 -- PotlatchDeltic Corporation announced today that Michael J. Covey, chairman and chief executive officer and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at the Raymond James & Associates’ 39th Annual Institutional Investors Conference in Orlando, March 7, 2018 at approximately 12:45 PM Eastern Time. The live audio webcast [...]
SPOKANE, Wash. and EL DORADO, Ark., Feb. 20, 2018 -- PotlatchDeltic Corporation today announced the successful completion of the previously announced merger of Potlatch Corp. with Deltic Timber Corporation in an all-stock transaction, creating a leading domestic timberland owner and top-tier wood products manufacturer. All closing conditions for the deal have been met. The combined company has changed its name to [...]
SPOKANE, Wash., Feb. 16, 2018 -- The board of directors of Potlatch Corp. has declared a quarterly distribution on the Company's common stock. The distribution of $0.40 per share is payable March 30, 2018 to stockholders of record on March 7, 2018. ABOUT POTLATCH Potlatch is a Real Estate Investment Trust with approximately 1.4 million acres of timberland in Alabama, Arkansas, Idaho, Minnesota and Mississippi. Potlatch, a [...]
SPOKANE, Wash., Jan. 29, 2018 -- Potlatch Corp. today reported net income of $11.6 million, or $0.28 per diluted share, on revenues of $175.2 million for the quarter ended December 31, 2017. Excluding after-tax special items, consisting primarily of a charge related to tax legislation and Deltic merger-related costs, adjusted net income was $25.7 million, or $0.62 per diluted share for the fourth quarter of 2017. Net [...]
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