- Realized full-year net income of $58.4 million, or $1.20 per share.

Report Details Net Carbon Impact Helping to Combat Climate Change

- Recognized net income of $23.3 million, or $0.48 per share.

Adjusts Dividend Rate and Declares Fourth Quarter Dividend at $0.075 Per Share

Increases Net Income Guidance

- Recognized net income of $1.8 million, or $0.04 per share, driven primarily by a 24% increase in timber sales revenue.

CatchMark CEO Expects Lumber Prices to Remain “Well Above” Historical Averages

- Higher timber prices -- both in the U.S. South and Pacific Northwest -- drove an 11% increase in timber sales revenue and a 4% increase in Harvest EBITDA.

- Delivered strong fourth quarter results above plan and prior year with a 75% improvement in net loss and a 15% increase in Adjusted EBITDA.

CatchMark Timber Trust CEO Sees Demand Fundamentals for Timberland in Early Stage ‘Super-Cycle’

- Executed business plan successfully through pandemic-related economic volatility, maintaining course to meet full-year result objectives

-- Continued to benefit from prime timberlands, high-demand mill markets, and superior management to maximize cash flows throughout the business cycle

Company Promotes Ursula Godoy-Arbelaez to Chief Financial Officer and Todd P. Reitz to Chief Resources Officer