SPOKANE, Wash., Jan. 28, 2015 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) today reported net income of $20.1 million, or $0.49 per diluted share, on revenues of $146.2 million for the quarter ended December 31, 2014. Excluding transaction-related expenses of $0.4 million and nonrecurring tax benefits of $1.9 million, fourth quarter 2014 earnings were $18.6 million, or $0.45 per diluted share. Net income was $13.7 [...]
SPOKANE, Wash., Jan. 13, 2015 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) announced today the tax treatment for its dividend distributions made in 2014 on the company's Common Stock. The total dividend distribution of $1.425 per share is classified for income tax purposes as a Capital Gain Distribution. The table below summarizes the income tax treatment of the company's 2014 dividends: 2014 Dividend Tax Reporting [...]
SPOKANE, Wash., Jan. 6, 2015 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) will release fourth quarter 2014 earnings and full year 2014 results on Wednesday, January 28, 2015, before the market opens. A live conference call and webcast will follow hosted by Michael J. Covey, chairman and chief executive officer, at 9 a.m. Pacific Time (noon Eastern Time). Investors may access the webcast at www.potlatchcorp.com by [...]
SPOKANE, Wash., Dec. 8, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) announced today that it has closed the previously announced purchase of approximately 201,000 acres of timberlands in Alabama and Mississippi from affiliates of Resource Management Service, LLC for $384 million. The transaction was first announced on October 20, 2014. Potlatch also announced that its Board of Directors has declared a dividend of [...]
SPOKANE, Wash., Oct. 20, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) announced today its third quarter 2014 results and that it has signed a purchase agreement to acquire 201,000 acres of timberlands in Alabama and Mississippi from affiliates of Resource Management Service, LLC for $384 million. The transaction is expected to close late in the fourth quarter of 2014 and is subject to the satisfaction of customary [...]
SPOKANE, Wash., Oct. 2, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) will release third quarter 2014 earnings on Monday, October 20, 2014, following the stock market close. A live conference call and webcast will follow hosted by Michael J. Covey, chairman and chief executive officer, at 3 p.m. Pacific Time (6 p.m. Eastern Time). Investors may access the webcast at www.potlatchcorp.com by clicking on the Investor [...]
The board of directors of Potlatch has declared a quarterly distribution on the Company's common stock. The distribution of $0.35 per share is payable September 30, 2014 to stockholders of record on September 16, 2014. ABOUT POTLATCH Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.4 million acres of timberland in Arkansas, Idaho and Minnesota. Potlatch, a verified forest practices leader, is [...]
SPOKANE, Wash., Aug. 21, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) announced today that senior executives are scheduled to present at two upcoming investor conferences: Eric J. Cremers, president and chief operating officer will present at the RBC Industrial Conference (fireside chat) at the Mandarin Oriental Hotel in Las Vegas on September 10, 2014 starting at 11:30 a.m. Pacific time Michael J. Covey [...]
SPOKANE, Wash., Aug. 12, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) today announced the closing of an amended and restated $250 million Senior Unsecured Revolving Credit Facility with a syndicate of financial institutions led by KeyBanc Capital Markets, Inc. and Bank of America Merrill Lynch. The credit agreement matures in February 2020 and includes an optional increase in the aggregate commitment of up to an [...]
SPOKANE, Wash., July 23, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) today reported net income of $16.3 million, or $0.40 per diluted share, on revenues of $143.9 million for the quarter ended June 30, 2014. This compares to net income of $19.2 million, or $0.47 per diluted share, on revenues of $133.2 million in the second quarter of 2013. "Increased activity in the housing market resulted in stronger takeaway [...]
SPOKANE, Wash., June 26, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) will release second quarter 2014 earnings on Wednesday, July 23, 2014, before the market opens. A live conference call and webcast will follow hosted by Michael J. Covey, chairman and chief executive officer, at 9 a.m. Pacific Time (noon Eastern Time). Investors may access the webcast at www.potlatchcorp.com by cl...
SPOKANE, Wash., May 22, 2014 (GLOBE NEWSWIRE) -- Potlatch Corp. (Nasdaq:PCH) announced today that Michael J. Covey, chairman and chief executive officer and Jerald W. Richards, vice president and chief financial officer, will be providing a company overview to investors at the REITWeek conference in New York, June 3, 2014 at 3:00 PM Eastern Time. A live audio webcast of the presentation will be available via the Investor [...]
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