Plum Creek Legacy News Releases
Plum Creek Announces Tax Treatment of 2010 Dividend
Jan 11, 2011
SEATTLE, Jan 11, 2011 (BUSINESS WIRE) --
Plum Creek Timber Company, Inc. (NYSE:PCL) today announced the tax treatment for dividend distributions made in 2010 on its Common Stock.
For shareholders of Plum Creek Timber Company, Inc. stock, the total dividend distribution of $1.68 per share is classified for income tax purposes as Capital Gain Distribution, taxed at a maximum rate of 15 percent.
The table below summarizes the income tax treatment of the company's 2010 dividends:
| 2010 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 15% 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 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.
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