Rayonier (RYN) Raises Quarterly Dividend 8% to $0.27; 2.9% Yield

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Go back to Rayonier (RYN) Raises Quarterly Dividend 8% to $0.27; 2.9% Yield

Rayonier Announces 8% Dividend Increase

May 21, 2018 8:45 AM EDT

YULEE, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) today announced that its board of directors has approved an 8% increase in its quarterly cash dividend to $0.27 per share from $0.25 per share. The dividend is payable on June 29, 2018 to shareholders of record on June 15, 2018.

Based on our significant cash flow growth,... More