PotlatchDeltic Corp. announced today Eric J. Cremers, president 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 8, 2022 at approximately 12:30 pm Eastern Time. The live audio webcast of the presentation will be available via the Investors page on PotlatchDeltic's website at [...]
PotlatchDeltic Corp. and CatchMark Timber Trust, Inc. today announced that they have entered into a definitive agreement to combine in an all-stock transaction. The acquisition by PotlatchDeltic will strengthen and diversify a leading integrated timber REIT and continue to enhance shareholder value. This press release features multimedia. View the full release here [...]
PotlatchDeltic Corp. today released its 2021 Environmental, Social, and Governance Report. The Report reflects PotlatchDeltic's commitment to environmental stewardship, the human experience, supporting its communities, and creating sustainable value. "We are focused on building sustainable shareholder value, and we recognize that objective is inextricably linked to making a positive impact for all of our stakeholders and [...]
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 June 30, 2022 to stockholders of record on June 3, 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, Minnesota and Mississippi. Through [...]
PotlatchDeltic Corp. today reported net income of $163.9 million, or $2.35 per diluted share, on revenues of $411.4 million for the quarter ended March 31, 2022. Excluding after tax special items consisting of a non-cash pension settlement charge and a net loss on fire damage, adjusted net income was $174.6 million, or $2.50 per diluted share for the first quarter of 2022. Net income was $131.1 million, or $1.94 per [...]
PotlatchDeltic Corp. will release first quarter earnings on Monday, April 25, after the market closes. The company will hold a live conference call and webcast on Tuesday, April 26 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 callers [...]
PotlatchDeltic Corp. today announced that it agreed to purchase a group annuity contract from American General Life Insurance Company , pursuant to which it will irrevocably transfer to American General Life approximately $70 million of pension obligations. American General Life will assume responsibility for annuity administration and benefit payments to select retirees and terminated vested participants beginning June [...]
PotlatchDeltic Corp. announced today that Eric J. Cremers, president and chief executive officer, and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at three upcoming Investor Conferences. The company overviews are scheduled at: the BofA Securities Global Agriculture & Materials Conference on March 3 at 8:10 AM Eastern Time, the 43rd Annual Raymond James [...]
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 March 31, 2022 to stockholders of record on March 4, 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, Minnesota and Mississippi [...]
PotlatchDeltic Corp. today reported net income of $39.2 million, or $0.58 per diluted share, on revenues of $248.4 million for the quarter ended December 31, 2021. Excluding a net loss on fire damage, adjusted net income was $39.9 million, or $0.59 per diluted share for the fourth quarter of 2021. Net income was $100.0 million, or $1.48 per diluted share, on revenues of $337.4 million for the quarter ended December 31 [...]
PotlatchDeltic Corp. announced today the tax treatment for its dividend distributions made in 2021 on the company's Common Stock . The distributions, totaling $5.67 per share, are classified for income tax purposes as 68.2507% Capital Gain Distributions, 3.1147% Qualified Dividends, and 28.6346% Non-dividend Distributions . The following table summarizes the income tax treatment of the company's 2021 dividends. 2021 [...]
PotlatchDeltic Corp. will release fourth quarter earnings on Monday, January 31, after the market closes. The company will hold a live conference call and webcast on Tuesday, February 1 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 [...]