Potlatch Corp. (PCH) Lowers Quarterly Dividend 39% to $0.31; 4% Yield

Potlatch Corp. (NASDAQ: PCH) declared a quarterly dividend of $0.31 per share, or $1.24 annualized. This is a 39.2% decrease from the prior dividend of $0.51.

The dividend will be payable on December 29, 2011, to stockholders of record on December 15, 2011, with an ex-dividend date of December 13, 2011.

The annual yield on the dividend is 4 percent.

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