Potlatch Corp. (PCH) Raises Quarterly Dividend 7.1% to $0.375; 3.6% Yield

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Go back to Potlatch Corp. (PCH) Raises Quarterly Dividend 7.1% to $0.375; 3.6% Yield

Potlatch Completes Timberland Acquisition and Board Increases Dividend 7%

December 8, 2014 11:41 AM EST

SPOKANE, Wash., Dec. 8, 2014 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) announced today that it has closed the previously announced purchase of approximately 201,000 acres of timberlands in Alabama and Mississippi from affiliates of Resource Management Service, LLC for $384 million. The transaction was first announced on October 20, 2014.

Potlatch also announced that its Board of Directors has declared a dividend of $0.375 per share payable December 31, 2014 to... More