Potlatch Announces Tax Treatment for 2017 Dividend Distributions
Spokane, Wash., Jan. 12, 2018 (GLOBE NEWSWIRE) — Potlatch Corporation (NASDAQ:PCH) announced today the tax treatment for its dividend distributions made in 2017 on the company’s Common Stock. The total dividend distributions of $1.525 per share are classified for income tax purposes as Capital Gain Distributions.
The table below summarizes the income tax treatment of the company’s 2017 dividends:
2017 Dividend Tax Reporting Information (Form 1099-DIV)
Potlatch Corporation Common Stock: PCH
CUSIP# 737630103
| March Distribution |
June Distribution |
September Distribution |
December Distribution |
Total |
||||||
| Capital Gain Distributions (long-term 20% rate) |
$ | 0.375 | $ | 0.375 | $ | 0.375 | $ | 0.400 | $ | 1.525 |
Shareholders are encouraged to consult with their tax advisors regarding the tax treatment for their Potlatch distributions.
ABOUT POTLATCH
Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.4 million acres of timberland in Alabama, Arkansas, Idaho, Minnesota and Mississippi. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary. For more information about the company, visit our website at www.potlatchcorp.com.
| Contact: | (Investors) | (Media) | ||
| Jerry Richards | Mark Benson | |||
| 509-835-1521 | 509-835-1513 | |||
