Rayonier Announces Third Quarter 2016 Dividend
Get Alerts RYN Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.5%
Revenue Growth %: +128.6%
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JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) announced today that the company’s board of directors has declared a third quarter cash dividend of $0.25 per common share. The dividend is payable on September 30, 2016, to shareholders of record on September 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. As of June 30, 2016, Rayonier owned, leased or managed approximately 2.7 million acres of timberlands located in the U.S. South (1.9 million acres), U.S. Pacific Northwest (379,000 acres) and New Zealand (436,000 acres). More information is available at www.rayonier.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160722005386/en/
Rayonier
Investors
Mark McHugh, 904-357-3757
or
Media
Roseann
Wentworth, 904-357-9185
[email protected]
Source: Rayonier Inc.
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