Market Overview

CatchMark Announces Tax Treatment for 2017 Dividend Distributions

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ATLANTA, Jan. 17, 2018 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) announced today the tax treatment for dividend distributions made in 2017 on the company's Common Stock.  In 2017, CatchMark paid a total of $0.54 per share in cash dividends.

CatchMark Timber Trust, Inc. (PRNewsFoto/CatchMark Timber Trust, Inc.)

The following table summarizes the income tax treatment of the company's 2017 dividends.

2017 Dividend Tax Reporting Information (Form 1099-DIV)

Record date

Payable Date

Cash Distribution
per Share

Capital Gain
Distribution

Non-dividend
Distribution
(Return of Capital)

02/28/2017

03/16/2017

$0.135

$0.00

$0.135

05/31/2017

06/16/2017

$0.135

$0.00

$0.135

08/30/2017

09/15/2017

$0.135

$0.00

$0.135

11/30/2017

12/15/2017

$0.135

$0.00

$0.135


TOTAL:

$0.54

$0.00

$0.54



100%

0.00%

100%

 

This information is being provided to assist stockholders with tax reporting requirements related to the company's dividend distributions. Stockholders should review their Forms 1099-DIV as well as other 2017 tax statements that they received from their brokerage firms or other institutions to ensure that the statements agree with the information provided above. Stockholders are also encouraged to consult with their tax advisers as to their specific tax treatment of CatchMark dividends.

About CatchMark

CatchMark Timber Trust, Inc. (NYSE: CTT) is a self-administered and self-managed, publicly-traded REIT that strives to deliver superior risk-adjusted returns for all stakeholders through disciplined acquisitions, sustainable harvests and well-timed sales. Headquartered in Atlanta and focused exclusively on timberland ownership, CatchMark began operations in 2007 and owns interests in approximately 502,400 acres* of timberland located in Alabama, Florida, Georgia, Louisiana, North Carolina, South Carolina, Tennessee and Texas. For more information, visit www.catchmark.com. From time to time, CatchMark releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts regarding new postings. Enrollment information is found in the "Investors Relations" section of www.catchmark.com.
*As of September 30, 2017

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/catchmark-announces-tax-treatment-for-2017-dividend-distributions-300584185.html

SOURCE CatchMark Timber Trust, Inc.

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