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Press release from Business Wire

Plum Creek Announces Tax Treatment of 2012 Dividend

Thursday, January 10, 2013

Plum Creek Announces Tax Treatment of 2012 Dividend16:03 EST Thursday, January 10, 2013 SEATTLE (Business Wire) -- Plum Creek Timber Company, Inc. (NYSE: PCL) today announced the tax treatment for dividend distributions made in 2012 on its Common Stock. For shareholders of Plum Creek Timber Company, Inc. stock, the total dividend distribution of $1.68 per share is classified for income tax purposes as Capital Gain Distribution, taxed at a maximum rate of 15 percent. The table below summarizes the income tax treatment of the company's 2012 dividends: 2012 Dividend Tax Reporting Information (Form 1099-DIV) Plum Creek Timber Company, Inc. Common Stock CUSIP #729251108 Ticker Symbol: PCL       March Distribution   May Distribution   August Distribution   November Distribution   Total Capital Gain Distributions (long-term 15% rate)     100%   100%   100%   100%   100% Nondividend Distributions (return of capital)     0%   0%   0%   0%   0% Total     100%   100%   100%   100%   100% Plum Creek is one of the largest landowners in the nation and the most geographically diverse, with approximately 6.4 million acres of timberlands in major timber producing regions of the United States and wood products manufacturing facilities in the Northwest. For more information, visit www.plumcreek.com. Plum Creek Timber Company, Inc.Investors: John Hobbs, 1-800-858-5347Media: Kathy Budinick, 1-888-467-3751