ATLANTA, Jan. 16, 2019 /PRNewswire/ -- CatchMark
Timber Trust, Inc. (NYSE: CTT) announced today the tax treatment
for dividend distributions made in 2018 on the company's Common
Stock. In 2018, CatchMark paid a total of $0.54 per share in cash dividends.
The following table summarizes the income tax treatment of the
company's 2018 dividends.
2018 Dividend Tax Reporting Information (Form
1099-DIV)
Record
Date
|
Payment
Date
|
Cash
Distribution
Per Share
|
Capital Gain
Distribution
|
Non-dividend
Distribution
(Return of Capital)
|
02/28/2018
|
03/16/2018
|
$0.135
|
$0.00
|
$0.135
|
05/31/2018
|
06/15/2018
|
$0.135
|
$0.00
|
$0.135
|
08/30/2018
|
09/14/2018
|
$0.135
|
$0.00
|
$0.135
|
11/30/2018
|
12/13/2018
|
$0.135
|
$0.00
|
$0.135
|
|
TOTAL:
|
$0.54
|
$0.00
|
$0.54
|
|
|
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 2018 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 Timber Trust, Inc.
(NYSE: CTT) is a self-administered and self-managed,
publicly-traded timberland REIT that strives to deliver superior
risk-adjusted returns for all stakeholders through disciplined
acquisitions, sustainable harvests, and well-timed real estate
sales. Headquartered in Atlanta
and focused exclusively on timberland ownership and management,
CatchMark began operations in 2007 and owns interests in over 1.6
million acres* of timberlands located in Alabama, Florida, Georgia, Louisiana, North
Carolina, Oregon,
South Carolina, Tennessee and Texas. For more information, visit
www.catchmark.com.
* As of September 30, 2018
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SOURCE CatchMark Timber Trust, Inc.