Back to PCH
Potlatch Announces Tax Treatment for 2011 Dividend Distributions

SPOKANE, Wash., Jan. 17, 2012 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq:PCH) announced today the tax treatment for its dividend distributions made in 2011 on the company's Common Stock. The total dividend distribution of $1.84 per share is classified for income tax purposes as follows: $1.01188 (54.955878%) per share as a Non-Dividend Distribution (return of capital) and $0.828812 (45.044122%) per share as a 15% rate Capital Gain Distribution on the 2011 Form 1099-Div.

The table below summarizes the income tax treatment of the company's 2011 dividends:

2011 Dividend Tax Reporting Information (Form 1099-DIV)
Potlatch Corporation Common Stock: PCH
CUSIP# 737630103
 
  March
Distribution
June
Distribution
September
Distribution
December
Distribution
 
Total
Non-dividend Distributions
(return of capital)
 
 
 
.280275
 
 
.280275
 
 
.280275
 
 
.170363
 
 
1.011188
Capital Gain Distributions
(long-term 15% rate)
 
 
 
.229725
 
 
.229725
 
 
.229725
 
 
.139637
 
 
.828812
Total $0.51000 $0.51000 $0.51000 $0.31000 $1.84000

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 1.45 million acres of timberland in Arkansas, Idaho and Minnesota. 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. More information about Potlatch can be found on the company's website at www.potlatchcorp.com.

The Potlatch Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11346

CONTACT: (Investors)
         Eric Cremers
         509-835-1548
         
         (Media)
         Mark Benson
         509-835-1513

Potlatch Corporation Logo

Back to PCH
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki