PotlatchDeltic Corp.

PotlatchDeltic Corp. announced today the tax treatment for CatchMark Timber Trust, Inc.'s dividend distributions made in 2022 on CatchMark's Common Stock . In 2022, CatchMark paid a total of $0.15 per share in cash dividends prior to completing its merger with PotlatchDeltic Corp. on September 14, 2022. The following table summarizes the income tax treatment of the company's 2022 dividends. 2022 Dividend Tax Reporting [...]

PotlatchDeltic Corp. will release fourth quarter earnings on Monday, January 30, after the market closes. The company will hold a live conference call and webcast on Tuesday, January 31 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 Special Dividend on the Company's common stock. The distribution of $0.95 per share is payable December 30, 2022 to stockholders of record on December 21, 2022. The board of directors of PotlatchDeltic Corp. also declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable December 30, 2022 to stockholders of [...]

PotlatchDeltic Corp. today reported net income of $46.0 million, or $0.64 per diluted share, on revenues of $306.7 million for the quarter ended September 30, 2022. Excluding after tax special items consisting of a gain on insurance recoveries and CatchMark merger related expenses, adjusted net income was $53.2 million, or $0.74 per diluted share for the third quarter of 2022. Net income was $65.7 million, or $0.97 per [...]

PotlatchDeltic Corp. will release third quarter earnings on Monday, October 24, after the market closes. The company will hold a live conference call and webcast on Tuesday, October 25 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 [...]

PotlatchDeltic Corp. today issued its inaugural Carbon and Climate Report. The report quantifies the carbon removals, storage, and greenhouse gas emissions associated with our operations in 2021. Overall, PotlatchDeltic is significantly carbon negative as 2021 net carbon removals and storage exceed our scope 1, 2, and 3 greenhouse gas emissions. In addition, the report evaluates the potential physical impacts of [...]

PotlatchDeltic Corp. announced today the successful completion of the previously announced merger of CatchMark Timber Trust, Inc. with PotlatchDeltic in an all-stock transaction, creating a leading integrated timber REIT. All closing conditions have been met. The combination brings together two high quality timberland REITs resulting in PotlatchDeltic owning nearly 2.2 million acres of diversified timberlands, including [...]

PotlatchDeltic Corp. announced today that its Board of Directors approved a new $200 million share repurchase program. This program replaces the existing $100 million share repurchase program authorized in August 2018. "Returning cash to our shareholders through opportunistic share repurchases remains an important part of our capital allocation strategy," said Jerry Richards, vice president and chief financial officer [...]

The board of directors of PotlatchDeltic Corp. declared a quarterly distribution on the Company's common stock. The distribution of $0.44 per share is payable September 30, 2022 to stockholders of record on September 20, 2022. About PotlatchDeltic PotlatchDeltic is a leading Real Estate Investment Trust that owns approximately 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, and Mississippi [...]

PotlatchDeltic Corp. today reported net income of $120.2 million, or $1.72 per diluted share, on revenues of $359.6 million for the quarter ended June 30, 2022. Excluding an after-tax gain on insurance recoveries, adjusted net income was $112.9 million, or $1.61 per diluted share for the second quarter of 2022. Net income was $187.9 million, or $2.77 per diluted share, on revenues of $447.5 million for the quarter ended [...]