SEATTLE--(BUSINESS WIRE)--Jan. 10, 2014-- 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:

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.

Source: Plum Creek Timber Company, Inc.

Plum Creek Timber Company, Inc.
Investors: John Hobbs 1-800-858-5347
Media: Kathy Budinick 1-888-467-3751