May 22, 2006. /Lesprom Network/. Directors of Potlatch Corporation have declared a quarterly dividend on the company's common stock. The dividend of $0.49 per share is payable June 19, 2006, to stockholders of record June 1, 2006. Potlatch is a real estate investment trust (REIT) with 1.5 million acres of forestland in Arkansas, Idaho, Minnesota and Oregon. Through a taxable REIT subsidiary, the company also operates 13 manufacturing facilities that produce lumber and panel products and bleached pulp products, including paperboard and tissue products.