Rayonier (RYN) Raises Quarterly Dividend 5.6% to $0.285; 3% Yield

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Go back to Rayonier (RYN) Raises Quarterly Dividend 5.6% to $0.285; 3% Yield

Rayonier Announces 5.6% Dividend Increase

May 20, 2022 8:45 AM EDT

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE: RYN) announced today that its board of directors has approved a 5.6% increase in its quarterly cash dividend to $0.285 per common share from $0.27 per common share. The dividend is payable on June 30, 2022, to shareholders of record on June 16, 2022.

The Company also announced today that the Companys board of directors, in its capacity as the board of directors of the... More