Pope Resources (NASDAQ:POPEZ)
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From Jun 2019 to Jun 2024
Pope Resources (Nasdaq:POPEZ) announced today a
quarterly distribution of 28 cents per unit, effective for unitholders
of record on September 8, 2006 and payable on September 22, 2006. This
represents a 12% increase in the partnership's quarterly distribution,
or a three-cent increase from the prior quarterly distribution of 25
cents per unit. "We are pleased to be able to grow our distribution
rate, while at the same time assuring that we have adequate capital to
facilitate the company's future growth initiatives," said David L.
Nunes, President and CEO.
About Pope Resources
Pope Resources, a publicly traded limited partnership, and its
subsidiaries Olympic Resource Management and Olympic Property Group,
own or manage over 400,000 acres of timberland and development
property in Washington and Oregon. In addition, we provide forestry
consulting and timberland management services to third-party owners
and managers of timberland in Washington, Oregon, and California. The
company and its predecessor companies have owned and managed
timberlands and development properties for more than 150 years.
Additional information on the company can be found at www.orm.com. The
contents of our website are not incorporated into this release or into
our filings with the Securities and Exchange Commission.