The board of directors of PotlatchDeltic Corp. declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable March 29, 2024 to stockholders of record on March 8, 2024. About PotlatchDeltic PotlatchDeltic is a leading Real Estate Investment Trust that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South [...]
PotlatchDeltic FOREST CERTIFICATION Third-party certification confirms that science-based stakeholder developed forest management practices and continual improvement are occurring on all timberland across the Company. Third-party forest certification plays a vital role in fostering an understanding of the value of properly managed working forests, which helps ensure both tangible forest products and numerous [...]
PotlatchDeltic Corp. today reported a net loss of $0.1 million, or $0.00 per diluted share, on revenues of $254.5 million for the quarter ended December 31, 2023. Net income was $3.8 million, or $0.05 per diluted share, on revenues of $253.1 million for the quarter ended December 31, 2022. Excluding after tax special items consisting of CatchMark merger-related expenses and an environmental charge, adjusted net income was [...]
PotlatchDeltic's timberland climate analysis evaluates the potential physical impacts that changes in atmospheric CO2, temperature, and precipitation could have on our timberlands under various greenhouse gas scenarios. We have evaluated potential physical impacts on our Idaho timberlands utilizing guidance from the Task Force on Climate-related Financial Disclosures and using the National Council for Air and Stream [...]
PotlatchDeltic Corp. announced today the tax treatment for its dividend distributions made in 2023 on the company's Common Stock. The dividend distributions of $1.80 per share are classified for income tax purposes as follows: $1.3124 of Capital Gain Distributions and $0.4876 as a Non-dividend Distribution . The table below summarizes the income tax treatment of the company's 2023 dividends: 2023 Dividend Tax Reporting [...]
PotlatchDeltic Corp. will release fourth quarter earnings on Monday, January 29, after the market closes. The company will hold a live conference call and webcast on Tuesday, January 30 at 9:00 a.m. Pacific Time to discuss the results. Investors may access the webcast at www.potlatchdeltic.com by clicking on the Investors link or by conference call at 1-888-510-2008 for U.S./Canada and 1-646-960-0306 for international [...]
The board of directors of PotlatchDeltic Corp. declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable December 29, 2023 to stockholders of record on December 15, 2023. About PotlatchDeltic PotlatchDeltic is a leading Real Estate Investment Trust that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South [...]
PotlatchDeltic: PotlatchDeltic has partnered with United Way for over a decade to raise money for local non-profits. At our corporate office in Spokane, Washington, we hold a United Way Week every year. The Spokane office contributions had a 100% participation rate in 2023 and were augmented through a corporate fifty percent match per dollar contributed. United Way Week also included various activities to promote [...]
PotlatchDeltic Corp. today reported net income of $23.7 million, or $0.29 per diluted share, on revenues of $265.5 million for the quarter ended September 30, 2023. Excluding an after-tax gain on insurance recoveries, adjusted net income was $11.4 million, or $0.14 per diluted share for the third quarter of 2023. Net income was $46.0 million, or $0.64 per diluted share, on revenues of $306.7 million for the quarter ended [...]
Sustainably managed forests combat climate change through carbon removal. Trees absorb atmospheric carbon dioxide and store it in growth in the branches, trunk, needles, and roots, and respire oxygen. On a landscape scale, managed forests are considered carbon sinks, meaning they reduce the net amount of carbon dioxide in the atmosphere as they grow. Active forest management enhances carbon removal from the atmosphere [...]
PotlatchDeltic Corp. issued its second Carbon and Climate Report. The report quantifies the estimated carbon removals, storage, and greenhouse gas emissions associated with our operations in 2022. In addition, the report evaluates the potential physical impacts of temperature and precipitation changes under various climate change scenarios on our Southeast timberlands and the timberlands in our procurement regions for our [...]
PotlatchDeltic Corp. today issued its second Carbon and Climate Report. The report quantifies the estimated carbon removals, storage, and greenhouse gas emissions associated with our operations in 2022. In addition, the report evaluates the potential physical impacts of temperature and precipitation changes under various climate change scenarios on our Southeast timberlands and the timberlands in our procurement regions [...]