PotlatchDeltic (newly named following Potlatch and Deltic Timber merger in February 2018) owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin in the United States. The Company operates in three business segments: Resource, Wood Products and Real Estate. The company was founded in 1903 and is based in Spokane, Washington.
PotlatchDeltic Corporation (NASDAQ: PCH) announced today the tax treatment for its dividend distributions made in 2020 on the company’s Common Stock. The dividend distributions of $1.61 per share are classified for income tax purposes as 100% Capital Gain Distributions (long-term 20% rate).
Every month we get mostly bullish information about the booming housing market. What about lumber companies? Shouldn't they be doing great? Let's check out the charts of PotlatchDeltic . In this daily bar chart of PCH, below, we can see how prices were cut in half back in February/March but have since doubled from their March nadir.
PotlatchDeltic Corporation (NASDAQ: PCH) will release fourth quarter earnings on Monday, February 1, after the market closes. The company will hold a live conference call and webcast on Tuesday, February 2 at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) to discuss the results.