PotlatchDeltic Announces Tax Treatment for 2024 Dividend Distributions
PotlatchDeltic Announces Tax Treatment for 2024 Dividend Distributions
SPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2024 on the company’s Common Stock (CUSIP# 737630103).
The dividend distributions, totaling $1.80 per share, are classified for income tax purposes as 100% Capital Gain Distributions (long-term 20% rate).
The table below summarizes the income tax treatment of the company’s 2024 dividends:
2024 Dividend Tax Reporting Information (Form 1099-DIV)
Record Date | Payable Date | Distribution Per Share | Long-Term Capital Gain (1) 20% Rate |
03/08/2024 | 03/29/2024 | $0.45 | $0.45 |
06/07/2024 | 06/28/2024 | $0.45 | $0.45 |
09/13/2024 | 09/30/2024 | $0.45 | $0.45 |
12/16/2024 | 12/31/2024 | $0.45 | $0.45 |
| Total | $1.80 | $1.80 |
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 Corporation (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns over 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. 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 land sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to corporate responsibility. More information can be found at www.potlatchdeltic.com.
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Contacts
(Investors)
Wayne Wasechek
509-835-1521
(Media)
Anna Torma
509-835-1558
Source: PotlatchDeltic Corporation