Dec 07, 2009. /Lesprom Network/. The Board of Directors of Potlatch Corporation has declared a quarterly distribution on the company's common stock. The distribution of $0.51 per share is payable December 29, 2009 to stockholders of record on December 16, 2009, the company said in a press release received by Lesprom Network. Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.6 million acres of timberland in Arkansas, Idaho, Minnesota and Wisconsin. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources.