Sep 07, 2012. /Lesprom Network/. The Board of Directors of Potlatch Corporation has declared a quarterly distribution on the Company's common stock. The distribution of $0.31 per share is payable September 28, 2012 to stockholders of record on September 17, 2012, as the company said in the press release received by Lesprom Network. 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.