Market Overview

PotlatchDeltic Announces Tax Treatment for 2018 Dividend Distributions

Share:

PotlatchDeltic Corporation (NASDAQ:PCH) announced today the tax
treatment for its dividend distributions made in 2018 on the company's
Common Stock. The total dividend distributions of $5.13809258 per share
are classified for income tax purposes as $1.60 of Capital Gain
Distributions (long-term 20% rate) and $3.53809258 as Qualified
Dividends from the special dividend paid to distribute Deltic Timber
Corporation's accumulated earnings and profits.

The table below summarizes the income tax treatment of the company's
2018 dividends:

2018 Dividend Tax Reporting Information (Form 1099-DIV)

PotlatchDeltic Corporation Common Stock: PCH

CUSIP# 737630103

                                       
Record Date       Payable Date      

Distribution
Per Share

      Capital Gain      

Qualified
Dividends

     
03/07/2018       03/30/2018       $0.40       $0.40       $0.00      
06/07/2018       06/29/2018       $0.40       $0.40       $0.00      
09/14/2018       09/28/2018       $0.40       $0.40       $0.00      
09/27/2018       11/15/2018       $3.53809258       $0.00       $3.53809258      
12/18/2018       12/28/2018       $0.40       $0.40       $0.00      
        Total       $5.13809258       $1.60       $3.53809258      
                           

Shareholders are encouraged to consult with their tax advisors as to
their specific treatment of PotlatchDeltic distributions.

About PotlatchDeltic

PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust
(REIT) that owns nearly 2 million acres of timberlands in Alabama,
Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its
taxable REIT subsidiary, the company also operates six sawmills, an
industrial-grade plywood mill, a medium density fiberboard plant, a
residential and commercial real estate development business and a rural
timberland sales program. PotlatchDeltic, a leader in sustainable forest
practices, is dedicated to long-term stewardship and sustainable
management of its timber resources. More information can be found at www.potlatchdeltic.com.

View Comments and Join the Discussion!
 
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com