Potlatch Corp., the Spokane-based wood-products company, reported fourth-quarter net income of $13.7 million, or 34 cents a diluted share, similar to income of $13.9 million, or 34 cents a share, in the year-earlier quarter.

Revenues for the quarter dipped slightly to $140 million, from $143.3 million a year earlier.

For all of 2013, the company posted net income of $70.6 million, or $1.73 a share, up from $42.6 million, or $1.05 a share, in 2012. Full-year revenues rose to $570.3 million in 2013 from $525.1 million the previous year.

Michael Covey, Potlatch’s chairman and CEO, said in a press release, “Northern sawlog prices have returned to pre-recession levels, wood products earnings were higher than they have been for almost 10 years, and our real estate segment closed the highest number of real estate transactions since our REIT conversion in 2006.”

As a result of the improved earnings, the company’s board of directors raised its dividend to 35 cents a share from 31 cents a share.