PotlatchDeltic (PCH) Declares $4.00 Special Dividend; 7% Yield

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Go back to PotlatchDeltic (PCH) Declares $4.00 Special Dividend; 7% Yield

PotlatchDeltic Board Declares $4 Special Dividend and Increases Regular Distribution 7.3%

December 3, 2021 4:10 PM EST

SPOKANE, Wash.--(BUSINESS WIRE)-- The board of directors of PotlatchDeltic Corporation (NASDAQ: PCH) declared a Special Dividend on the Company's common stock. The distribution of $4.00 per share is payable December 31, 2021 to stockholders of record on December 22, 2021.

The board of directors of PotlatchDeltic Corporation also declared a quarterly distribution on the Company's common stock. The distribution of $0.44 per share is payable December 31, 2021 to stockholders of record on December 15, 2021. This is a 7.3% increase compared to the prior quarterly dividend of $0.41 per share.

The alignment of our lumber-leveraged operating strategy with strong housing... More