Business & Finance
Business and Finance
Business and Finance
Tue, January 13, 2009
Mon, January 12, 2009 Plum Creek Announces Tax Treatment of 2008 Dividend
SEATTLE--([ BUSINESS WIRE ])--Plum Creek Timber Company, Inc. (NYSE:PCL) today announced the tax treatment for dividend distributions made in 2008 on its Common Stock.
For holders of Plum Creek Timber Company, Inc. common stock, the total dividend distribution for 2008 of $1.68 per share is classified for income tax purposes as follows: $1.68 (100.0000%) is classified as a 15 percent rate Capital Gain Dividend; and $0.00 (0.0000%) is classified as Return of Capital.
The table below summarizes the income tax treatment of the company's 2008 dividends:
2008 Dividend Tax Reporting Information (Form 1099-DIV)
Plum Creek Timber Company, Inc.
Common Stock
CUSIP #729251108
Ticker Symbol: PCL
February | May | August | November | Total | ||||||
| Capital Gain Distributions (long-term 15% rate) | 100.00000% | 100.00000% | 100.00000% | 100.00000% | 100.00000% | |||||
| Nondividend Distributions (return of capital) | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 0.0000% | |||||
| Total | 100.00000% | 100.00000% | 100.00000% | 100.00000% | 100.00000% |
Plum Creek is the largest and most geographically diverse private landowner in the nation with more than 7 million acres of timberlands in major timber producing regions of the United States and 10 wood products manufacturing facilities in the Northwest.
