Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 4.1% Yield

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Go back to Catchmark Timber Trust (CTT) Declares $0.135 Quarterly Dividend; 4.1% Yield

CatchMark Reports First Quarter 2018 Results and Declares Dividend

May 3, 2018 4:05 PM EDT

ATLANTA, May 3, 2018 /PRNewswire/ -- In line with expectations, CatchMark Timber Trust, Inc. (NYSE: CTT) reported higher revenue, an increase in GAAP net loss, and an increase in Adjusted EBITDA for the quarter ended March 31, 2018 compared to the three-month period ended March 31, 2017. Results were driven by a year-over-year increase in harvest volume, higher pulpwood pricing and the strong financial performance of the Dawsonville Bluffs joint venture.

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