Plum Creek Announces Tax Treatment Of 2013 Dividends

Plum Creek Timber Company, Inc. (NYSE:PCL) today announced the tax treatment for dividend distributions made in 2013 on its Common Stock.

Plum Creek’s total 2013 dividend distribution of $1.74 per share is classified for income tax purposes as Capital Gain Distributions primarily because the income generated by the sale of Plum Creek’s timber is considered long-term capital gain. As such, Plum Creek’s 2013 dividends will be taxed at a capital gain rate of 20 percent for most U.S. taxpayers.

The table below summarizes the income tax treatment of the company’s 2013 dividends:

2013 Dividend Tax Reporting Information (Form 1099-DIV)
Plum Creek Timber Company, Inc.
Common Stock

CUSIP #729251108
Ticker Symbol: PCL
         
   

March

Distribution
 

May

Distribution
 

August

Distribution
 

November

Distribution
  Total
Capital Gain Distributions

(long-term 20% rate)
  100%   100%   100%   100%   100%
Nondividend Distributions

(return of capital)
  0%   0%   0%   0%   0%
Total   100%   100%   100%   100%   100%

Plum Creek is among the largest and most geographically diverse private landowners in the nation with approximately 6.8 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 .

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