PotlatchDeltic Announces Tax Treatment for 2021 Dividend Distributions

SPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2021 on the company’s Common Stock (CUSIP# 737630103).

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 (return of capital).

The following table summarizes the income tax treatment of the company’s 2021 dividends.

2021 Dividend Tax Reporting Information (Form 1099-DIV)

Record Date	Payable Date	Distribution Per Share	Long-Term Capital Gain (1) (20% Rate)	Qualified Dividend	Non-dividend (Return of Capital)
03/05/2021	03/31/2021	$0.41	$0.279828	$0.012770	$0.117402
06/04/2021	06/30/2021	$0.41	$0.279828	$0.012770	$0.117402
09/15/2021	09/30/2021	$0.41	$0.279828	$0.012770	$0.117402
12/15/2021	12/31/2021	$0.44	$0.300303	$0.013705	$0.125992
12/22/2021	12/31/2021	$4.00	$2.730028	$0.124588	$1.145384
	Total	$5.67	$3.869815	$0.176603	$1.623582

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

(1) Form 1099-DIV box 2a. Pursuant to Treas. Reg. § 1.1061-6(c), the one-year and three-year amounts disclosures are $0.00 with respect to direct and indirect holders of “applicable partnership interests,” as all capital gain dividends relate to IRC Section 1231 gains.

About PotlatchDeltic

PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns approximately 1.8 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 residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest practices, is committed to environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118006160/en/

(Investors)
Jerry Richards
509-835-1521

(Media)
Anna Torma
509-835-1558

Source: PotlatchDeltic Corporation

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REIT Profile

Potlatch Corporation
Symbol: PCH
CIK: 1338749
Exchange: NASDAQ
Founded: 1903 (121 years)
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Timber

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Last updated: 2024-07-05 12:57:01 PST