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Jan. 18, 2022, 4:05 p.m. EST

CatchMark Announces Tax Treatment of 2021 Dividend Distributions

ATLANTA, Jan. 18, 2022 /PRNewswire/ --  CatchMark Timber Trust, Inc. /zigman2/quotes/202675836/composite CTT +4.56% announced today the tax treatment of dividend distributions made in 2021 on the company's common stock.  In 2021, CatchMark paid a total of $0.48 per share in cash dividends.

The following table summarizes the income tax treatment of the company's 2021 dividends.

2021 Dividend Tax Reporting Information (Form 1099-DIV)

Record Date Payment Date Cash Distribution Per Share Capital Gain Distribution Per Share Non-dividend Distribution Per Share(Return of Capital)
02/26/2021 03/15/2021 $0.135 $0.00 $0.135
05/28/2021 06/15/2021 $0.135 $0.00 $0.135
08/31/2021 09/15/2021 $0.135 $0.00 $0.135
11/30/2021 12/15/2021 $0.075 $0.00 $0.075

Total $0.48 $0.00 $0.48


100% 0.00% 100%

This information is being provided to assist stockholders with tax reporting requirements related to the company's dividend distributions. Stockholders should review their Forms 1099-DIV as well as other 2021 tax statements that they received from their brokerage firms or other institutions to ensure that the statements agree with the information provided above. Stockholders are also encouraged to consult with their tax advisers as to their specific tax treatment of CatchMark dividends.

About CatchMark CatchMark /zigman2/quotes/202675836/composite CTT +4.56% seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 370,100 acres* of timberlands located in Alabama, Georgia and South Carolina. For more information, visit  www.catchmark.com .
* As of October 15, 2021

 

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SOURCE CatchMark Timber Trust, Inc.

COMTEX_400742817/2454/2022-01-18T16:05:09

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

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/zigman2/quotes/202675836/composite
US : U.S.: NYSE
$ 8.25
+0.36 +4.56%
Volume: 246,351
May 17, 2022 4:00p
P/E Ratio
6.46
Dividend Yield
3.64%
Market Cap
$388.56 million
Rev. per Employee
$4.83M
loading...
/zigman2/quotes/202675836/composite
US : U.S.: NYSE
$ 8.25
+0.36 +4.56%
Volume: 246,351
May 17, 2022 4:00p
P/E Ratio
6.46
Dividend Yield
3.64%
Market Cap
$388.56 million
Rev. per Employee
$4.83M
loading...

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