Welcome to our dedicated page for Potlatchdeltic Corporation news (Ticker: PCH), a resource for investors and traders seeking the latest updates and insights on Potlatchdeltic Corporation stock.
PotlatchDeltic Corporation (PCH) News on Stock Titan focuses on developments affecting this timber-focused Real Estate Investment Trust and its investors. PotlatchDeltic publicly describes itself as a leading REIT with ownership of approximately 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina, along with wood products manufacturing and real estate activities.
News coverage for PCH commonly includes quarterly earnings releases, where the company reports revenues, net income, Total Adjusted EBITDDA, and segment performance for Timberlands, Wood Products, and Real Estate. These updates often explain changes in harvest volumes, lumber prices, log and haul costs, manufacturing costs, and rural land and real estate sales activity.
Investors can also follow PotlatchDeltic’s regular board actions regarding quarterly distributions on its common stock. Multiple press releases document the declaration of distributions, including the per-share amount, record dates, and payment dates, reflecting the company’s REIT distribution practices.
Another key category of news involves corporate transactions and capital structure decisions. Recent items include the announcement of an all-stock merger of equals with Rayonier Inc., described as creating a leading domestic land resources owner and top-tier lumber manufacturer, and the refinancing of term loans under an amended term loan agreement. These announcements provide insight into PotlatchDeltic’s strategic direction and financing arrangements.
PotlatchDeltic also issues news related to corporate responsibility, such as the release of its Corporate Responsibility Report, which highlights accomplishments in sustainable forest management, climate-related initiatives, safety, community support, and responsible sourcing. Conference participation and investor presentations are additional recurring topics, with details on webcasts and replays for those seeking management commentary.
By reviewing the PCH news feed, readers can track financial performance, dividend decisions, major transactions like the pending Rayonier merger, and sustainability reporting, all of which shape the company’s long-term profile.
PotlatchDeltic Corporation (NASDAQ: PCH) is set to release its first quarter earnings on April 26, 2021, after market close. A live conference call and webcast will follow on April 27, 2021, at 9:00 a.m. PT to discuss the results. Investors can access the webcast via the Investors link on the company's website or by calling designated numbers for U.S./Canada and international participants. PotlatchDeltic operates over 1.8 million acres of timberlands and is recognized for its sustainable forest practices.
PotlatchDeltic Corporation has announced significant changes to its Idaho Recreation Program, effective May 10 through October 20 annually. Campfires and open burning are prohibited, except at leased campsites, with a full burn ban potentially issued during high fire danger. The company will no longer provide firewood permits due to wildfire risks. Moreover, season-long camping permits are being replaced with leased campsite options, while 14-day camping permits will remain available, subject to proximity restrictions to leased sites. Visitors are urged to exercise caution regarding fire safety.
PotlatchDeltic Corporation (NASDAQ: PCH) has announced that Eric J. Cremers, CEO, and Jerald W. Richards, CFO, will present at three upcoming virtual Investor Conferences. The events include the Raymond James Institutional Investors Conference on March 1, the Bank of America Global Agriculture & Materials Conference on March 3, and the Citi Virtual Global Property CEO Conference on March 10. Live webcasts of the presentations will be available on PotlatchDeltic's website, alongside archived versions for 90 days.
The board of directors of PotlatchDeltic Corporation (NASDAQ: PCH) has declared a quarterly distribution of $0.41 per share. This distribution is scheduled for payment on March 31, 2021, to stockholders of record as of March 5, 2021. PotlatchDeltic is a leading Real Estate Investment Trust owning approximately 1.8 million acres of timberlands across six states. In addition, the company operates sawmills and engages in residential and commercial real estate development, underscoring its commitment to sustainable forest management.
PotlatchDeltic Corporation (Nasdaq:PCH) reported a strong financial performance for Q4 2020, with net income at $100 million ($1.48 per diluted share) on revenues of $337.4 million, a significant increase from $11.4 million in Q4 2019. For the full year, net income reached $166.8 million ($2.47 per diluted share), up from $55.7 million in 2019. Key highlights include record Total Adjusted EBITDDA of $382.2 million and a strong liquidity position of $631 million. Despite a decline in Wood Products EBITDDA, the strong demand for lumber and successful real estate transactions contributed positively to the overall results.
PotlatchDeltic Corporation (NASDAQ: PCH) has announced the tax treatment for its 2020 dividend distributions, totaling $1.61 per share, all of which are classified as 100% Capital Gain Distributions. Shareholders will receive distributions of $0.40 per share for the first three quarters and $0.41 for the fourth quarter. The record and payable dates for these dividends range from March 6 to December 15, 2020. Shareholders are advised to consult tax professionals for specific tax implications.
PotlatchDeltic Corporation (NASDAQ: PCH) will announce its fourth quarter earnings on February 1, after market close. A live conference call is scheduled for February 2 at 9:00 a.m. PT (12:00 p.m. ET) to discuss the results. Interested parties can join via PotlatchDeltic's website or by calling specified numbers for the conference. The company is a prominent REIT, owning around 1.8 million acres of timberlands across several states and operating sawmills and a real estate development business.
PotlatchDeltic Corporation (NASDAQ: PCH) has announced a quarterly dividend of $0.41 per share, set for payment on December 31, 2020, to shareholders recorded by December 15, 2020. This reflects a 2.5% increase from the previous dividend of $0.40. The company emphasizes its commitment to shareholder returns through a growing dividend and share repurchases, having increased dividends by 32% per share since 2012 and repurchased $41 million in shares over the last two years.
PotlatchDeltic Corporation (NASDAQ: PCH) will present an overview at the RBC Capital Markets Annual Forest Products Conference on December 2, 2020, at approximately 1:35 pm Eastern Time, led by President and COO Eric J. Cremers. Interested investors can access the live webcast on the company’s website and an archived version will be available for one week post-presentation. PotlatchDeltic is a significant REIT with around 1.8 million acres of timberlands across various states, committed to sustainable forest management and long-term environmental stewardship.
PotlatchDeltic Corporation (NASDAQ: PCH) has finalized the sale of 72,440 acres of forestland in Minnesota to The Conservation Fund for nearly $48 million. This transaction aims to enhance conservation efforts and provide sustainable timber harvesting while preserving water quality and wildlife habitat. The acquired land spans 14 counties, with 31,600 acres included within the reservation boundaries of the Minnesota Ojibwe Tribe. This sale supports PotlatchDeltic's strategy to maximize shareholder value through rural land sales and continues its commitment to environmental stewardship.