PotlatchDeltic Corp. announced today a merger with Loutre Land and Timber Company . PotlatchDeltic issued 1.96 million shares of common stock and assumed debt of $6.6 million in exchange for Loutre's 51,340 acres of high-quality, well-stocked timberlands in southern Arkansas and northern Louisiana. Key attributes of the Loutre timberlands: Stocking levels of approximately 90 tons per acre Average age of the timber is [...]
PotlatchDeltic Corp. today announced that it has been recognized as one of "America's Most Responsible Companies 2022" by Newsweek. This prestigious award recognizes the top 500 most responsible companies in the United States across 14 industry categories. PotlatchDeltic was ranked 209 on the overall list. "We are honored to be recognized among Newsweek's list of America's Most Responsible Companies 2022," said Eric [...]
PotlatchDeltic Corp. today announced the election of Anne L. Alonzo to PotlatchDeltic's Board of Directors, effective today. Ms. Alonzo most recently served as Senior Vice President, External Affairs and Chief Sustainability Officer for Corteva Agriscience , a publicly traded global agricultural chemical and seed company, where she was responsible for leading the External Affairs function, which included Corporate [...]
The board of directors of PotlatchDeltic Corp. declared a Special Dividend on the Company's common stock. The distribution of $4.00 per share is payable December 31, 2021 to stockholders of record on December 22, 2021. The board of directors of PotlatchDeltic Corp. also declared a quarterly distribution on the Company's common stock. The distribution of $0.44 per share is payable December 31, 2021 to stockholders of [...]
PotlatchDeltic Corp. will release third quarter earnings on Monday, October 25, after the market closes. The company will hold a live conference call and webcast on Tuesday, October 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 [...]
PotlatchDeltic Corp. today announced changes to public access to its Idaho timberlands. Due to recent rainfall and lower temperatures in the region, fire risk has declined. As a result, the temporary motorized vehicle ban announced on July 22 has been lifted effective Monday, September 20. Motorized recreational vehicle use on Idaho property is permitted, except for a temporary restriction in cooperation with Idaho [...]
The board of directors of PotlatchDeltic Corp. declared a quarterly distribution on the Company's common stock. The distribution of $0.41 per share is payable September 30, 2021 to stockholders of record on September 15, 2021. 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 [...]
PotlatchDeltic Corp. today announced changes to public access to its Idaho timberlands. Due to recent rainfall and lower temperatures in the region, fire risk has declined. As a result, the temporary public access ban announced on July 22 will be lifted effective Friday, August 27. PotlatchDeltic timberlands will be open for recreational activities, including camping, hunting and fishing, in accordance with company [...]
PotlatchDeltic Corp. today reported net income of $187.9 million, or $2.77 per diluted share, on revenues of $447.5 million for the quarter ended June 30, 2021. Net income was $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020. Second Quarter 2021 Highlights Generated record Total Adjusted EBITDDA of $275.0 million and Total Adjusted EBITDDA margin of 61% Historic [...]
PotlatchDeltic Corp. today announced changes to public access to its Idaho timberlands. Due to severe fire danger in the region, effective immediately and until further notice, all public use of PotlatchDeltic privately-owned timberlands for recreation is suspended. The extreme fire season and continued dry conditions in Idaho are stressing available firefighting resources and risking public safety, property, and [...]
PotlatchDeltic Corp. announced today the appointment of Ashlee Cribb as Vice President, Wood Products effective July 28. Ashlee succeeds Tom Temple, who will be retiring later this year. "We are thrilled to welcome Ashlee to the role of Vice President, Wood Products," said Eric Cremers, PotlatchDeltic's President and Chief Executive Officer. "Ashlee brings extensive knowledge and a strong track record with over thirty [...]
PotlatchDeltic Corp. today announced several changes to its Idaho Recreation Program. Due to severe fire danger in the region, effective immediately and until further notice, all motorized recreational vehicle use on its property in the State of Idaho is restricted to open, ungated roads only. No motorized recreational vehicles, including ATVs and motorcycles, are allowed behind gates. Additional changes due to the fire [...]
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