| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | September 16, 2022 |
| Accession Number: | 0001193125-22-245580 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | September 16, 2022 |
| Accession Number: | 0001193125-22-245580 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/1/2022 | $10.00 → $12.00 | Buy → Hold | Stifel |
| 4/11/2022 | $9.00 → $10.00 | Neutral → Outperform | Robert W. Baird |
| 10/18/2021 | $12.00 → $9.00 | Sector Perform | RBC Capital |
| 10/18/2021 | Outperform → Underperform | Raymond James | |
| 10/15/2021 | Outperform → Underperform | Raymond James | |
| 10/15/2021 | Buy → Neutral | Citigroup |
PotlatchDeltic Corporation (NASDAQ:PCH) announced today the tax treatment for CatchMark Timber Trust, Inc.'s (NYSE:CTT) dividend distributions made in 2022 on CatchMark's Common Stock (CUSIP# 14912Y202). In 2022, CatchMark paid a total of $0.15 per share in cash dividends prior to completing its merger with PotlatchDeltic Corporation on September 14, 2022. The following table summarizes the income tax treatment of the company's 2022 dividends. 2022 Dividend Tax Reporting Information (Form 1099-DIV) Record Date Payable Date Distribution Per Share Non-Dividend Distribution 02/28/2022 03/15/2022 $0.075 $0.075 05/31/2022 06/15/2022 $0.075 $0.075
ATLANTA, Sept. 13, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) ("CatchMark" or the "Company") announced that, at the special meeting of stockholders (the "Special Meeting") held today, its stockholders approved the merger of CatchMark with and into a wholly owned subsidiary of PotlatchDeltic Corporation (NASDAQ:PCH) ("PotlatchDeltic"), pursuant to the terms of the Agreement and Plan of Merger, dated as of May 29, 2022 (the "Merger Agreement"). CatchMark will provide final vote results for the Special Meeting, as certified by the independent Inspector of Election, on a Form 8-K to be filed with the U.S. Securities and Exchange Commission.
ATLANTA, Sept. 6, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) ("CatchMark" or the "Company") announced today that independent proxy advisory firms Glass, Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services Inc. ("ISS") have recommended that the Company's stockholders vote "FOR" the previously announced merger of the Company with PotlatchDeltic Corporation (NASDAQ:PCH) ("PotlatchDeltic") at the Company's upcoming Special Meeting of Stockholders (the "Special Meeting") scheduled for September 13, 2022 at 10:00 a.m., Eastern Time. As previously ann
PotlatchDeltic Corporation (NASDAQ:PCH) announced today the tax treatment for CatchMark Timber Trust, Inc.'s (NYSE:CTT) dividend distributions made in 2022 on CatchMark's Common Stock (CUSIP# 14912Y202). In 2022, CatchMark paid a total of $0.15 per share in cash dividends prior to completing its merger with PotlatchDeltic Corporation on September 14, 2022. The following table summarizes the income tax treatment of the company's 2022 dividends. 2022 Dividend Tax Reporting Information (Form 1099-DIV) Record Date Payable Date Distribution Per Share Non-Dividend Distribution 02/28/2022 03/15/2022 $0.075 $0.075 05/31/2022 06/15/2022 $0.075 $0.075
Recognized a net loss of $4.6 million, resulting primarily from fees and expenses related to the pending merger with PotlatchDeltic Corporation.Produced Adjusted EBITDA of $13.7 million and $24.6 million in total revenues.Captured blended net timber sales pricing 10% higher year over year driven by a 21% increase in sawtimber pricing.Continued to generate significant premiums over TimberMart-South South-wide pricing averages as a result of prime timberlands located in strong local markets.Generated $8.8 million in timberland sales, accelerating timing of full-year plan.Acquired 1,300 acres of prime timberlands located in southeast Alabama for $2.2 million.ATLANTA, Aug. 4, 2022 /PRNewswire/ -
ATLANTA, July 8, 2022 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE:CTT) will release its second quarter 2022 earnings on Thursday, August 4, 2022, following the market close. About CatchMark CatchMark (NYSE:CTT) invests in prime timberlands located in the nation's leading mill markets, seeking to capture the highest value per acre and to generate sustainable yields through disciplined management and superior stewardship of its exceptional resources. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 20
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
4 - CatchMark Timber Trust, Inc. (0001341141) (Issuer)
15-12G - CatchMark Timber Trust, Inc. (0001341141) (Filer)
EFFECT - CatchMark Timber Trust, Inc. (0001341141) (Filer)
S-8 POS - CatchMark Timber Trust, Inc. (0001341141) (Filer)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
SC 13G/A - CatchMark Timber Trust, Inc. (0001341141) (Subject)
Stifel downgraded CatchMark Timber Trust from Buy to Hold and set a new price target of $12.00 from $10.00 previously
Robert W. Baird upgraded CatchMark Timber Trust from Neutral to Outperform and set a new price target of $10.00 from $9.00 previously
RBC Capital reiterated coverage of CatchMark Timber Trust with a rating of Sector Perform and set a new price target of $9.00 from $12.00 previously