Markets
U.S. close in 1 hrs, 3 mins
BUSINESS NEWS
- Market News
- Earnings
- Recalls
- Recession Watch
- Tech News
- Financial Crisis
- Madoff Scandal
- BloggingStocks
- Luxist
- Money Videos
INVESTING
- Stock Quotes
- Stock Charts
- Stock Ticker
- Currencies
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
PERSONAL FINANCE AT WALLETPOP
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
SMALL BUSINESS
Plum Creek Timber Company, Inc. Announces Quarterly Dividend of $0.42 Per Share
Business Wire
Plum Creek Timber Company, Inc. (NYSE:PCL) today announced a quarterly
cash dividend of $0.42 per share. The dividend is payable on Nov. 30,
2009, to shareholders of record as of Nov. 16, 2009. Plum Creek’s
dividend is expected to be characterized as long-term capital gain
income primarily because the income generated by the sale of Plum
Creek’s timber is considered long-term capital gain. As such, Plum
Creek’s dividend is expected to be taxed at a maximum rate of 15 percent
for most U.S. taxpayers.
Plum Creek is the largest and most geographically diverse private
landowner in the nation with approximately 7 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.
Copyright Business Wire 2009
2009-11-03 16:02:00
COMMENTS ( 0 )