1. What is a Real Estate Investment Trust?
A real estate investment trust (REIT) is a company that owns and most often operates income producing real estate. In the case of CatchMark, the real estate is timberlands. CatchMark both owns and operates its timberlands.
In order to qualify as a REIT, a company must have most of its business tied to real estate and pay out at least 90 percent of its taxable income annually as distributions to shareholders.
2. Where are CatchMark's shares traded?
CatchMark's common stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol "CTT."
3. Does CatchMark offer a dividend reinvestment plan?
Not at the current time.
4. What is CatchMark's fiscal year?
CatchMark operates on a calendar fiscal year.
5. How do I access the most recent annual report and recent Securities and Exchange Commission (SEC) filings?
Select "Investor Relations" on the navigation bar. You can find electronic files for both the Annual Report and SEC Filings in addition to 20-minute delayed stock quotes for CatchMark.
6. Who is CatchMark's transfer agent?
Computershare is CatchMark's transfer agent. Their contact information is as follows:
P.O. Box 30170
College Station, TX 77842-3170
7. How do I change my address?
You can change your address at Computershare's Investor Centre or call CatchMark's shareholder services department at 855-862-0044 and one of our Shareholder Services Specialists will help you.
8. What are B-3 shares of CatchMark common stock?
Class B-3 common stock is identical to our Class A common stock except that they cannot be traded yet since they are not listed on a national securities exchange.
9. How and when will Class B-3 shares convert to Class A common stock?
On February 23, 2015, CatchMark's Board of Directors determined to accelerate the conversion of the company's Class B-3 shares of common stock into Class A shares of common stock from June 12, 2015 to February 27, 2015. At that time shares of B-3 common stock will convert automatically on a one-for-one basis into shares of Class A common stock traded on the New York Stock Exchange.
10. What were 2014 dividend distributions? When will tax information be available?
During 2014, CatchMark Timber Trust has declared or paid reportable cash distributions totaling $0.47 per share of common stock. Click here for press release related to tax treatment or visit the Tax Basis Form 8937 section of Investor Relations of this site. Please consult your tax advisor to determine the impact of this information on your income tax return.
You should only rely on the information in the Form 1099-DIV in completing your income tax return.