SPOKANE, Wash., Jan. 15, 2013 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq:PCH) announced today the tax treatment for its dividend distributions made in 2012 on the company's Common Stock. The total dividend distribution of $1.24 per share is classified for income tax purposes as follows: $0.534340 (43.09194%) per share as a Non-Dividend Distribution (return of capital) and $0.705660 (56.90806%) per share as a 15% rate Capital Gain Distribution on the 2012 Form 1099-Div.
The table below summarizes the income tax treatment of the company's 2012 dividends:
2012 Dividend Tax Reporting Information (Form 1099-DIV) |
Potlatch Corporation Common Stock: PCH |
CUSIP# 737630103 |
March Distribution |
June Distribution |
September Distribution |
December Distribution | Total | |
Non-dividend Distributions (return of capital) | $0.133585 | $0.133585 | $0.133585 | $0.133585 | $0.534340 |
Capital Gain Distributions (long-term 15% rate) | 0.176415 | 0.176415 | 0.176415 | 0.176415 | 0.705660 |
Total | $0.310000 | $0.310000 | $0.310000 | $0.310000 | $1.240000 |
Shareholders are encouraged to consult with their tax advisors regarding the tax treatment for their Potlatch distributions.
ABOUT POTLATCH
Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.43 million acres of timberland in Arkansas, Idaho and Minnesota. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary.www.potlatchcorp.com.
The Potlatch Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11346
CONTACT: (Investors) Eric Cremers 509-835-1548 (Media) Mark Benson 509-835-1513
distributed by
|