May 12, 2011. /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 June 24, 2011 to stockholders of record on June 3, 2011, as the company said in a press release received by Lesprom Network. Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.5 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.