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PotlatchDeltic Announces Tax Treatment for 2023 Dividend Distributions

PotlatchDeltic Corporation (Nasdaq: PCH) announced today the tax treatment for its dividend distributions made in 2023 on the company’s Common Stock. The dividend distributions of $1.80 per share are classified for income tax purposes as follows: $1.3124 (72.9%) of Capital Gain Distributions (long-term 20% rate) and $0.4876 (27.1%) as a Non-dividend Distribution (return of capital).

The table below summarizes the income tax treatment of the company’s 2023 dividends:

2023 Dividend Tax Reporting Information (Form 1099-DIV)

PotlatchDeltic Corporation Common Stock: PCH

CUSIP# 737630103

Record Date

Payable Date

Distribution Per Share

Capital Gain

Return of Capital

03/03/2023

03/31/2023

$0.45

$0.3281

$0.1219

06/02/2023

06/30/2023

$0.45

$0.3281

$0.1219

09/15/2023

09/29/2023

$0.45

$0.3281

$0.1219

12/15/2023

12/29/2023

$0.45

$0.3281

$0.1219

 

Total

$1.80

$1.3124

$0.4876

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

About PotlatchDeltic

PotlatchDeltic Corporation (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 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 environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com.

Contacts

(Investors)

Wayne Wasechek

509-835-1521

(Media)

Anna Torma

509-835-1558

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