Potlatch Announces Tax Treatment for 2016 Dividend Distributions


SPOKANE, Wash., Jan. 12, 2017 (GLOBE NEWSWIRE) -- Potlatch Corporation (NASDAQ:PCH) announced today the tax treatment for its dividend distributions made in 2016 on the company’s Common Stock. The total dividend distribution of $1.50 per share is classified for income tax purposes as a Capital Gain Distribution.

The table below summarizes the income tax treatment of the company’s 2016 dividends:

2016 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$0.375$1.50

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.


            

Coordonnées