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CatchMark Announces Tax Treatment for 2018 Dividend Distributions

ATLANTA, Jan. 16, 2019 /PRNewswire/ -- CatchMark Timber Trust, Inc. (CTT) announced today the tax treatment for dividend distributions made in 2018 on the company's Common Stock.  In 2018, CatchMark paid a total of $0.54 per share in cash dividends.

CatchMark Timber Trust, Inc. (PRNewsFoto/CatchMark Timber Trust, Inc.)

The following table summarizes the income tax treatment of the company's 2018 dividends.

2018 Dividend Tax Reporting Information (Form 1099-DIV)

Record Date

Payment Date

Cash Distribution
Per Share

Capital Gain
Distribution

Non-dividend
Distribution
(Return of Capital)

02/28/2018

03/16/2018

$0.135

$0.00

$0.135

05/31/2018

06/15/2018

$0.135

$0.00

$0.135

08/30/2018

09/14/2018

$0.135

$0.00

$0.135

11/30/2018

12/13/2018

$0.135

$0.00

$0.135


TOTAL:

$0.54

$0.00

$0.54



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 2018 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 Timber Trust, Inc. (CTT) is a self-administered and self-managed, publicly-traded timberland REIT that strives to deliver superior risk-adjusted returns for all stakeholders through disciplined acquisitions, sustainable harvests, and well-timed real estate sales. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in over 1.6 million acres* of timberlands located in Alabama, Florida, Georgia, Louisiana, North Carolina, Oregon, South Carolina, Tennessee and Texas. For more information, visit www.catchmark.com.

* As of September 30, 2018

 

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