Potlatch announces tax treatment for 2012 dividend distributions
Jan 16, 2013. Potlatch Corporation announced 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.
Jan 16, 2013. /Lesprom Network/. Potlatch Corporation announced 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.
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.