PotlatchDeltic Corporation

PotlatchDeltic Corporation is a Real Estate Investment Trust (REIT) that specializes in the ownership and management of timberland, as well as the manufacturing and sale of wood products. The company's primary function is to sustainably manage nearly 2 million acres of timberland across the United States, mainly concentrated in Alabama, Arkansas, Idaho, Louisiana, Minnesota, and Mississippi. PotlatchDeltic is a critical player in the wood products industry, producing products like lumber and plywood that serve the construction and home improvement markets. In addition to its timber operations, PotlatchDeltic is involved in real estate development, capitalizing on the strategic locations of its land holdings to create residential and commercial properties. The corporation’s diversified operations underscore its commitment to renewable resources and sustainability, playing a pivotal role in both the timber and real estate sectors. As a REIT, PotlatchDeltic provides investors with the opportunity to gain exposure to the timber and real estate markets while benefiting from the trust's obligation to distribute the majority of taxable earnings as dividends, highlighting its significance in the financial market.