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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):
February 28, 2011
 
 
WELLS TIMBERLAND REIT, INC.
(Exact name of registrant as specified in its charter)
 
Maryland
000-53193
20-3536671
 (State or other jurisdiction of incorporation)
 (Commission File Number)
(IRS Employer Identification No.)
 
 
6200 The Corners Parkway
Norcross, Georgia 30092-3365
          (Address of principal executive offices, including zip code)
 
Registrant's telephone number, including area code: (770) 449-7800
 
Former name or former address, if changed since last report: Not applicable
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below):
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 

 

Item 8.01.    Other Events
On February 28, 2011, the board of directors of Wells Timberland REIT, Inc. (the "Registrant") declared a stock dividend for the second quarter of 2011 in the amount of 0.000054348 shares per day per share on the outstanding shares of its common stock to the stockholders of record of such shares as shown on the books of the Registrant at the close of business on each day during the period commencing on March 16, 2011 and continuing through and including June 15, 2011. This stock dividend, calculated on a daily, non-compounding basis throughout the period, would annualize to a 2% rate. This dividend is to be paid on a date during the month of June 2011 as the President of the Registrant may determine.

 

 

 
 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
WELLS TIMBERLAND REIT, INC.
 
  
Date: March 2, 2011
 
 
By:
/s/ Douglas P. Williams                                          
 
 
Douglas P. Williams
 
 
Executive Vice President, Secretary and Treasurer