Biotech Values

[DewDiligence]

(PCL)—Are there other dividend-paying stocks you know of which benefit from that same tax code quirk?

The tax-code quirk pertains to timber growing, specifically. Other timber REIT’s such as WY, RYN, and PCH may report a portion of their dividend payments as LT capital gains—I haven’t checked to see how much. However, only PCL is a “pure play” timber REIT in the sense that almost all of its income is passive and thereby qualifies for the tax break.