PCL -Plum Creek Lumber Inc.(Declares Divy 0.42 EX DATE Nov14)

[BadThad]

Diversify yourself! Get into timber and land! A much better than average dividend paying company with a 3.95% yield, usually 0.40-.42/sh payout each quarter. Combine that with decent stock performance and you have another long winner! It's also pretty easy to catch in the dips, I nabbed it at $38 quite easily by watching it closely...just watch the Bollinger bands and you can time it well.

10-day Avg Vol 1.2M
Shares Out. 176.8M
Dividend/Yield $1.68/3.90%

PCL

Anyone can find a buy-in point from the chart:

Chart

Company Profile:

Plum Creek Timber Company, Inc. (Plum Creek) is a private timberland owner in the United States, with 8.2 million acres of timberlands located in 18 states. The Company manages its timberlands in two business segments: the Northern Resources Segment and the Southern Resources Segment. In addition, Plum Creek's Other Segment includes its natural resource businesses that focus on opportunities relating to mineral extraction, natural gas production and communication and transportation rights of way resulting from it property ownership. The Real Estate Segment comprises the Company's sales of higher and better use timberlands and sales of timberlands, some of which are sold through its wholly owned real estate investment trust (REIT) subsidiaries. Its Real Estate Segment includes development of certain properties, internally and through joint ventures, which is conducted through the Company's wholly owned REIT subsidiaries.

Ratings:

TheStreet.com - BUY
S&P - 3 Stars
Ford - HOLD
Market Edge - LONG
Jaywalk - HOLD

Today's Price: $42.62

[BadThad]

I'm out of this position temporarily. The housing downturn, bear market and general fears drove it down so it hit my trigger....made green....I set my triggers high when I'm deep in the green. ;)

Plum Creek net income slips 3%; reduces full-year outlook
4:32p ET July 23, 2007 (MarketWatch)
SAN FRANCISCO (MarketWatch) -- Plum Creek Timber Co. said late Monday that it earned $60 million, or 34 cents a share, in the second quarter, down from $62 million, or 34 cents, in the year-ago quarter. Sales at the Seattle-based land and timber company rose nearly 4% to $395 million. The most recent quarter's income included a $2 million gain from selling a mineral asset, bringing profit from continuing operations to 33 cents a share. Analysts polled by Thomson Financial had forecast earnings of 34 cents a share, on average, and sales of $373 million. Plum Creek said it cut the high end of its 2007 earnings outlook by a nickel, to $1.40 to $1.55 a share, based on its performance in the first half and expectations of a "relatively flat housing market" during the second half. Plum Creek shares fell 0.8% to $42.09 by the close of normal trading.

Time to watch for another buyin point....I'm still bullish on this stock as it's always treated me well....do your DD and watch closely, especially if you like divy's.

Today's Price: $40.17 (dropping)

[BadThad]

Divy annouced....stock is doing pretty good for a bear market:

Plum Creek Timber Company, Inc. Announces Quarterly Dividend of $0.42 Per Share
4:01p ET July 31, 2007 (Business Wire)
Plum Creek Timber Company, Inc. (NYSE: PCL) today announced a quarterly cash dividend of $0.42 per share. The dividend is payable on Aug. 31, 2007, to shareholders of record as of Aug. 16, 2007.

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.

Plum Creek is the largest and most geographically diverse private landowner in the nation with 8.2 million acres of timberlands in major timber producing regions of the United States and 10 wood products manufacturing facilities in the Northwest.

SOURCE: Plum Creek Timber Company, Inc.

[BadThad]

He must have said some good stuff because PCL finished up 2.3% today:

Plum Creek Senior Vice President and CFO to Speak at UBS Global Paper & Forest Products Conference
8:30a ET September 13, 2007 (Business Wire)
Plum Creek Timber Company, Inc. (NYSE: PCL) today announced that David Lambert, senior vice president and chief financial officer, will present at the UBS Global Paper & Forest Products Conference in New York on Sept. 19, 2007, at approximately 11 a.m. EDT.

A live audio webcast of the presentation (with slides) will be accessible at Plum Creek's Internet site at http://www.plumcreek.com by clicking on the "Investors" section and following the directions.

A replay of the webcast will also be available on Plum Creek's Web site for approximately one month starting 24 hours after the presentation.

Plum Creek is the largest and most geographically diverse private landowner in the nation with 8.2 million acres of timberlands in major timber producing regions of the United States and 10 wood products manufacturing facilities in the Northwest.

[BadThad]

I can't seem to get any of you interested in this stock. It's been moving up slowly for weeks now. Never too late to get in at this pace plus you rake in some great divy's.

[BadThad]

Here's some fun I'm bored. LOL

You did this:

Buy shares day of first post my post...

BUY 100 x 42.62 = $4262
DIVIDEND 100 x 0.42 = $42

Ride a scary PPS time and bear market:

SELL TODAY 100 x 44.94 = $4494

GROSSPROFIT $274
Commish for 2 trades -$20

PROFIT for a few mouse clicks $254

I need to do this analysis with more of my picks to see how I'm doing.

[BadThad]

Heading back up, it's ignoring the bear. Getting close to another MACD xover and RSI moving up back to 50 (3 month chart). Take a look, sure seems like another good time to buy IMO.

Today's Price: $41.71

Let's see how I do this time!

[BadThad]

Up almost $2 since my last post!

[BadThad]

Divy announced:

Plum Creek Timber Company, Inc. Announces Quarterly Dividend of $0.42 Per Share, Increases Share Repurchase Authorization
4:05p ET October 30, 2007 (Business Wire)
Plum Creek Timber Company, Inc. (NYSE: PCL) today announced a quarterly cash dividend of $0.42 per share. The dividend is payable on Nov. 30, 2007, to shareholders of record as of Nov. 14, 2007. 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.

In addition, the company announced that its board of directors approved an increase in the company's previously authorized stock repurchase program. As a result, the company's current authorization to repurchase stock is an aggregate amount of up to $200 million. The program authorizes the company to buy back shares of its outstanding common stock from time to time through open-market and privately negotiated purchases, or a combination of the two, as market conditions warrant.

Plum Creek is the largest and most geographically diverse private landowner in the nation with 8.2 million acres of timberlands in major timber producing regions of the United States and 10 wood products manufacturing facilities in the Northwest.

[BadThad]

They did alright considering the housing slow down:

Plum Creek Reports Results for Fourth Quarter and Full Year 2007
4:06p ET January 28, 2008 (Business Wire)
Plum Creek Timber Company, Inc. (NYSE:PCL) today announced fourth quarter earnings of $118 million, or $0.68 per diluted share, on revenues of $504 million. Earnings for the fourth quarter of 2006 were $69 million, or $0.39 per diluted share, on revenues of $379 million.

Earnings for the fourth quarter of 2007 included an after-tax gain of $43 million, or $0.25 per share, from the sale of nearly 100,000 acres of Wisconsin timberlands for approximately $70 million. Earnings for the fourth quarter of 2006 included a $13 million, $0.07 per share, after-tax gain from the settlement of the softwood lumber trade dispute between the United States and Canada.

Earnings for the full year of 2007 were $282 million, or $1.61 per diluted share, on revenues of $1.68 billion. Earnings for 2006 were $317 million, or $1.75 per diluted share, on revenues of $1.63 billion.

Results for the full year of 2007 included the gains from the Wisconsin sale mentioned above; a $2 million, or $0.01 per share after-tax gain, on the sale of an industrial mineral asset during the second quarter of the year; as well as a $4 million, or $0.02 per share non-cash expense, related to fire losses during the third quarter. Results for 2006 included the gain from the trade dispute settlement as well as a $2 million, or $0.01 per share, after-tax cumulative benefit from accounting changes recorded during the first quarter of 2006.

"We're pleased with the performance during the fourth quarter," said Rick Holley, president and chief executive officer. "Results from our ongoing businesses met our expectations. The Wisconsin timberlands sale allowed us to capture attractive value for this property and highlights the continued investor interest in timberlands as a long-term asset class."

Cash provided by operating activities for 2007 totaled $517 million including $69 million of cash proceeds from the Wisconsin land sale and $8 million of cash provided by a reduction in working capital. Cash provided by operating activities during 2006 totaled $556 million including approximately $29 million of cash provided by reduction in working capital. The company ended 2007 with $240 million in cash and cash equivalents.

"The employees and management team of Plum Creek remain focused on long-term value creation," continued Holley. "It's this commitment that drives our strategies and day-to-day operating decisions. It's this commitment that has served our long-term shareholders well, delivering annualized total shareholder returns over the past five years of 19.6 percent.

"During the past year, our focus on long-term value led us to make operating decisions that temporarily reduced the financial contribution of our timber operations. We reduced the harvest of our most valuable timber assets, sawlogs, to their lowest level in six years. We took this action because these assets will continue to grow, and we are confident they will produce better returns for our shareholders in the future.

"Other areas of our company continued to grow. The contribution from our rural land sales efforts continued to grow during 2007. Revenues from the sale of smaller tracts of rural land grew nearly 8 percent to $332 million for the full year as the troubles in housing markets did not appear to influence the interest in rural land. In addition, income from our non-timber resource businesses continued to grow, exceeding $17 million in operating profit during 2007.

"We maintained our focus on value creation through disciplined capital allocation. Early in 2007, we increased our dividend by 5 percent, and through our share repurchase program, effectively bought our own timberlands at a significant discount to their intrinsic value. Through these repurchases we increased our shareholders' proportionate ownership in the company by nearly 3 percent.

"In addition, while we evaluated well over a million acres of potential timberland acquisitions during the year, we identified three acquisitions that provided attractive returns for our shareholders. Through these acquisitions, we expanded our ownership of high-quality, investment-grade timberlands in Georgia and Oregon, acquiring a total of 69,000 acres."

Review of Quarterly Operations

The Northern Resources segment reported fourth quarter operating profit of $17 million; $7 million lower than the $24 million reported in the fourth quarter of 2006. Softwood sawlog demand was lower than the same period of 2006 as lumber mills curtailed production in the face of continued weak lumber demand and low lumber prices. Average sawlog prices during the fourth quarter of 2007 were approximately 4 percent lower than those in the same period of 2006, while sawlog harvest volumes were approximately 5 percent lower. As planned, the segment's pulpwood harvest was approximately 11 percent lower, while pulpwood prices were largely unchanged compared to the same period of one year ago.

The Southern Resources segment reported fourth quarter operating profit of $35 million, down $7 million from the $42 million reported during the fourth quarter of 2006. The decline in segment profits was the result of weaker sawlog markets when compared to the same period of 2006. Average sawlog stumpage prices were approximately 9 percent lower than those in the fourth quarter of 2006. Sawlog harvest volumes were 14 percent lower than the fourth quarter of 2006, as the company elected to defer its sawlog harvest in some Southern markets. Pulpwood prices were 22 percent higher than the same period of 2006 as pulp and paper customers sought wood to replace residual wood chips typically purchased from lumber mills. The segment's pulpwood harvest was 13 percent lower than the unusually strong harvest volume brought to market during the fourth quarter of 2006.

The Real Estate segment reported revenue of $198 million and operating profit of $121 million in the fourth quarter of 2007. These results include the $70 million of revenue and $43 million of operating income from the sale of approximately 100,000 acres of Wisconsin timberlands. The segment reported $66 million of revenue and $35 million of operating profit for the fourth quarter of 2006.

During the fourth quarter of 2007, the company sold approximately 16,900 acres of small, non-strategic timberlands at average prices exceeding $1,500 per acre. These lands are generally small tracts of lower productivity timberlands. The sale of more than 24,500 acres of conservation properties captured approximately $1,080 per acre, while nearly 14,200 acres of recreation property were sold at an average price exceeding $3,300 per acre. The company also sold approximately 3,750 acres of development lands for more than $7,600 per acre.

The Manufacturing segment reported a $1 million loss for the fourth quarter of 2007, compared with a $2 million loss in the fourth quarter of 2006. Improved performance in the lumber and medium density fiberboard businesses drove the improvement in operating performance. Prices for both lumber and medium density fiberboard were up 6 percent compared to the same period of 2006 while plywood prices were relatively steady.

Timberland Acquisition

During the quarter the company acquired approximately 31,000 acres of southeastern Georgia timberlands for approximately $76 million in two negotiated transactions. These investment-quality timberlands adjoin and complement existing Plum Creek ownership in the region and should provide attractive cash-on-cash returns for shareholders.

Outlook

"Sustainable forestry management requires a commitment to long-term planning and our strategies to create shareholder value are rooted in this commitment. We believe this disciplined approach will continue to result in sustainable, long-term value creation for our shareholders," continued Holley. "Our operating plans for 2008 draw on our positive long-term view of timber and rural land markets, as well as our experience in more than 40 local markets across the nation."

Over the past year lumber, plywood and oriented strand board (OSB) producers further reduced production in response to continued deterioration in residential construction activity. With housing starts off approximately 25 percent from 2006, and commodity lumber prices at multi-year lows, customers continued to reduce production in response to poor demand and cash returns. U.S. lumber production declined between 11 and 12 percent depending on the region, while in 2007, structural panel production declined approximately 5 percent. During 2008, the company anticipates that residential construction markets will remain weak and stabilize at recent levels with the potential for recovery in 2009.

While solid wood markets have been weak for the past year, pulpwood markets improved significantly as demand for pulp and paper products remained good. Pulp and paper manufacturers sought pulpwood to replace a dwindling supply of residual chips from lumber mills. The company anticipates that demand for pulpwood will remain strong throughout 2008.

With these conditions as a backdrop, the company expects to maintain its 2008 sawlog harvest at the low levels set during 2007. In late 2006, the company increased the pace of its forest thinning, particularly in the South, bringing to market previously deferred pulpwood volume in response to attractive pulpwood pricing and increased pulpwood demand. The company maintained this pace during 2007 as demand remained strong and pulpwood prices continued to rise. During 2008, the company plans to moderate the pace of its thinning activity, and as a result, its pulpwood harvest. Overall harvests should be between 18.5 million and 19.5 million tons of timber during 2008.

Within the rural real estate area, the company is experiencing stable pricing and buyer interest levels consistent with those experienced during the past year. As a result, the company expects Real Estate segment sales for the year to be similar to 2007 levels, between $320 million and $340 million. Of this, between $25 million and $35 million is projected to come from the sale of entitled properties on a small portion of the company's high-value real estate properties. First quarter Real Estate segment sales are expected to be between $75 million and $85 million.

Reflecting all of these factors, the company expects 2008 earnings to be between $1.15 and $1.40 per share. The company anticipates first quarter earnings will be between $0.26 and $0.31 per share.

"We're managing the largest and most diversified portfolio of industrial timberlands in the nation. This is an asset base with unmatched risk diversification in the industry and enduring long-term value. Disciplined capital allocation remains our most important tool for long-term value preservation and creation.

"As we move into 2008, we will maintain our historic value-focused discipline; evaluating discretionary investment in our forests to increase their productivity, pursuing financially attractive timberland acquisitions, and repurchasing our company's stock at attractive values. With our exceptional asset base and continued strong cash flow, the company has excellent financial flexibility and we remain on-track to execute our strategies for long-term shareholder value creation in all our business segments," concluded Holley.