Dec 05, 2006. /Lesprom Network/. The board of directors of Potlatch Corporation has declared a quarterly distribution on the company's common stock. The distribution of $0.49 per share is payable December 28, 2006, to stockholders of record on December 12, 2006. Potlatch is a REIT with 1.5 million acres of forestland in Arkansas, Idaho, Minnesota and Oregon, and through its taxable REIT subsidiary the company also operates 13 manufacturing facilities that produce lumber and panel products and bleach pulp products, including paperboard and tissue products. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term, relationship-based stewardship of our resources.