Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 5.3% Yield

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Go back to Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 5.3% Yield

CatchMark Increases Revenues by 4% in Third Quarter; Declares Dividend

November 3, 2016 4:12 PM EDT

ATLANTA, Nov. 3, 2016 /PRNewswire/ -- Capably integrating recent timberland acquisitions in South Carolina and Georgia, CatchMark Timber Trust, Inc. (NYSE: CTT) today announced increased revenues and timber sales volume for the quarter ended September 30, 2016. The company anticipates meeting its revenue and Adjusted EBITDA targets for the full year and declared a fourth quarter dividend.

Company highlights for the third quarter 2016... More