SPOKANE, Wash., Jan. 15, 2016 (GLOBE NEWSWIRE) -- Potlatch Corporation (NASDAQ:PCH) announced today the tax treatment for its dividend distributions made in 2015 on the company’s Common Stock. The total dividend distribution of $1.50 per share is classified for income tax purposes as follows: $1.280308 (85.35387%) per share as a Capital Gain Distribution and $0.219692 (14.64613%) per share as a Non-dividend Distribution (return of capital).
The table below summarizes the income tax treatment of the company’s 2015 dividends:
2015 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) | $ | 0.320077 | $ | 0.320077 | $ | 0.320077 | $ | 0.320077 | $ | 1.280308 | |||||
| Non-dividend Distribution (return of capital) | 0.054923 | 0.054923 | 0.054923 | 0.054923 | 0.219692 | ||||||||||
| Total | $ | 0.375000 | $ | 0.375000 | $ | 0.375000 | $ | 0.375000 | $ | 1.500000 | |||||
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 1.6 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. More information about Potlatch can be found on the company’s website at www.potlatchcorp.com.
Contact: (Investors) Jerry Richards 509-835-1521 (Media) Mark Benson 509-835-1513


US Raises Concerns Over Possible ASML EUV Machine Transfer to China
HSBC Australia Faces A$35M Penalty Over Scam Protection Failures
GM and Lockheed Martin Partner to Strengthen U.S. Defense Manufacturing Capacity
Hyundai to Acquire SoftBank’s Remaining Boston Dynamics Stake for $325 Million
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation
SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow
John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race
Trump Says Anthropic No Longer Seen as National Security Threat
SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs
Qantas Unveils Wellness-Focused Nonstop Sydney-London Flights to Reduce Jet Lag
Carro Expands Into Australia With Acquisition of Used-Car Platform CarPlace
Frank Stronach Found Guilty of Sexual Assault and Indecent Assault in Ontario Court
Jio IPO Filing Nears as Reliance Targets $4 Billion Market Debut
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions
Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business 



