PotlatchDeltic (PCH) Raises Quarterly Dividend 2.5% to $0.41; 3.6% Yield

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Go back to PotlatchDeltic (PCH) Raises Quarterly Dividend 2.5% to $0.41; 3.6% Yield

PotlatchDeltic Board Declares Increased Distribution on Common Stock

December 4, 2020 4:10 PM EST

SPOKANE, Wash.--(BUSINESS WIRE)-- The board of directors of PotlatchDeltic Corporation (NASDAQ: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.41 per share is payable December 31, 2020 to stockholders of record on December 15, 2020. This is a 2.5% increase relative to the prior quarterly dividend of $0.40 per share.

Returning cash to shareholders through a secure, growing dividend and opportunistic share repurchases is an important and durable part of our capital allocation strategy, said Jerry Richards, vice president and chief financial officer. Since 2012, we... More