Plum Creek Timber Company, Inc. Announces Quarterly Dividend of $0.42 Per Share Payable May 29, 2009 
SEATTLE, WA (REIT Media) May 5, 2009 - Plum Creek Timber Company, Inc. (NYSE: PCL) today announced a quarterly cash dividend of $0.42 per share. The dividend is payable on May 29, 2009, to shareholders of record as of May 15, 2009. Plum Creek’s dividend is expected to be characterized as long-term capital gain income primarily because the income generated by the sale of Plum Creek’s timber is considered long-term capital gain. As such, Plum Creek’s dividend is expected to be taxed at a maximum rate of 15 percent for most U.S. taxpayers.
May.05.2009. 00:19
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