PotlatchDeltic Corp has entered into a 12th amendment to its term loan agreement, but the details of the amendment are not specified in the article. The company operates in nine states and has three segments: Timberlands, Wood Products, and Real Estate. It owns 2.2 million acres of timberland and has sawmills, a plywood mill, and a real estate development business.
PotlatchDeltic Corporation (NASDAQ: PCH), a leading Real Estate Investment Trust (REIT) with a significant presence in nine states, has declared a quarterly dividend of $0.45 per share [1]. This distribution is payable on September 30, 2025, to shareholders of record on September 15, 2025 [1, 2, 3]. The forward yield stands at 4.28% [1].
PotlatchDeltic, with a portfolio of 2.1 million acres of timberlands, operates across three main segments: Timberlands, Wood Products, and Real Estate. The company's operational footprint includes six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business, and a rural timberland sales program [2, 3]. Known for its commitment to sustainable forest management, PotlatchDeltic is dedicated to corporate responsibility [2, 3].
The company recently entered into a 12th amendment to its term loan agreement, though the specific details of the amendment remain unspecified. This move is part of PotlatchDeltic's ongoing efforts to optimize its financial structure and support its growth strategies [Writing Topic].
Looking ahead, PotlatchDeltic anticipates a significant rise in its adjusted EBITDDA for the third quarter of 2025, driven by the recovery in real estate and wood products markets [1]. This positive outlook is supported by the company's diversified revenue streams and its focus on sustainable practices.
References:
[1] https://seekingalpha.com/news/4489709-potlatchdeltic-declares-0_45-dividend
[2] https://www.marketscreener.com/news/potlatchdeltic-board-declares-distribution-on-common-stock-ce7c50ded18dff24
[3] https://www.barchart.com/story/news/34429673/potlatchdeltic-board-declares-distribution-on-common-stock
Comments
No comments yet