Rayonier Announces Second Quarter 2016 Dividend
Get Alerts RYN Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.1%
EPS Growth %: -59.4%
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JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) announced today that the company’s board of directors has declared a second quarter cash dividend of $0.25 per common share. The dividend is payable on June 30, 2016, to shareholders of record on June 16, 2016.
About Rayonier
Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. Rayonier owns, leases or manages approximately 2.7 million acres of timberlands located in the U.S. South, U.S. Pacific Northwest and New Zealand. More information is available at www.rayonier.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160524006520/en/
Rayonier
Investors
Mark McHugh, 904-357-3757
or
Media
Roseann
Wentworth, 904-357-9185
[email protected]
Source: Rayonier Inc.
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