PotlatchDeltic Corp.

PotlatchDeltic Corp. announced today that Michael J. Covey, chairman and chief executive officer, and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at the BMO 2020 Real Assets Virtual Conference, September 3, 2020 at approximately 11:45 AM Eastern Time. A link to the webcast will be available via the Investors page on PotlatchDeltic’s website at [...]

PotlatchDeltic Corp. today announced effective Thursday, July 30, 2020, that no campfires or open burning will be allowed on its properties in the State of Idaho due to increasing fire danger in the region. The burning ban on PotlatchDeltic’s Idaho properties will remain in effect until conditions improve. Additional information about PotlatchDeltic’s Idaho properties can be found online at www.potlatchdeltic.com [...]

PotlatchDeltic Corp. today reported net income of $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020. Net income was $17.1 million, or $0.25 per diluted share, on revenues of $215.6 million for the quarter ended June 30, 2019. Second Quarter 2020 Highlights Generated $35.3 million of Total Adjusted EBITDDA and Total Adjusted EBITDDA margin of 19% Announced agreement [...]

PotlatchDeltic Corp. today announced an agreement to sell approximately 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million in cash. The transaction is subject to customary closing conditions and is expected to close in the second half of 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200621005025/en/ "Tamarak Reflections [...]

The board of directors of PotlatchDeltic Corp. has declared a quarterly distribution on the Company's common stock. The distribution of $0.40 per share is payable June 30, 2020 to stockholders of record on June 5, 2020. About PotlatchDeltic PotlatchDeltic is a leading Real Estate Investment Trust that owns nearly 1.9 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through [...]

PotlatchDeltic Corp. today reported a net loss of $16.8 million, or per diluted share, on revenues of $208.9 million for the quarter ended March 31, 2020. Excluding an after-tax pension settlement charge, adjusted net income was $15.0 million, or $0.22 per diluted share for the first quarter of 2020. Net income was $6.6 million, or $0.10 per diluted share, on revenues of $181.7 million for the quarter ended March 31 [...]

PotlatchDeltic Corp. today announced that, due to the emerging public health impact of the coronavirus outbreak, Governor Inslee’s extension of the Stay Home order through May 4, 2020, and to support the health and well-being of Company employees and shareholders, it has changed the format for the PotlatchDeltic Annual Meeting of Shareholders from an in-person meeting format to a virtual meeting format. The meeting will [...]

PotlatchDeltic Corp. today announced plans to temporarily halt production at its St. Maries, Idaho industrial plywood facility as a result of the impact of the COVID-19 pandemic on plywood markets. Starting April 20, 2020 the St. Maries, Idaho plywood facility will halt production for two weeks and curtailments may be extended depending on market conditions. All other businesses, including lumber mills in Idaho, Michigan [...]

PotlatchDeltic Corp. will release first quarter earnings on Monday, April 27th, after the market closes. A live conference call and webcast will be hosted by Michael J. Covey, chairman and chief executive officer on Tuesday, April 28th at 9:00 a.m. Pacific Time . Investors may access the webcast at www.potlatchdeltic.com by clicking on the Investors link or by conference call at 1-877-823-6919 for U.S./Canada and [...]

PotlatchDeltic Corp. today announced that it agreed to purchase a group annuity contract from New York Life Insurance Company , pursuant to which it will irrevocably transfer to New York Life approximately $100 million of pension obligations. New York Life will assume responsibility for annuity administration and benefit payments to select retirees beginning May 1, 2020. Retirees and beneficiaries covered by this [...]