ATLANTA, Jan. 18, 2022 /PRNewswire/ -- CatchMark
Timber Trust, Inc. (NYSE: CTT) 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 (NYSE: CTT) 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.