DIVIDEND ANNOUNCEMENT: Rayonier Inc. (NYSE:RYN) on 10/19/2020 declared a dividend of $0.2700 per share

Rayonier Inc. (NYSE:RYN) on 10/19/2020 declared a dividend of $ 0.2700 per share payable on December 31, 2020 to shareholders of record as of December 17, 2020.

Rayonier Inc. (NYSE:RYN) has paid dividends since 1994, has a current dividend yield of 3.8975102901% and has increased its dividends for 2 successive years.

Rayonier Inc.'s market cap is $ 3,782,747,520 and has a PE ratio of 81.50. The stock price closed yesterday at $ 27.71 and has a 52 week low/high of $ 15.96 and $ 33.10.

Rayonier is a timberland real estate investment trust with assets located in the softwood timber growing regions in the United States and New Zealand. Co. operates in five reportable business segments: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading. The Southern Timber, Pacific Northwest Timber and New Zealand Timber segments include all activities related to the harvesting of timber in addition to lease and license activities, other non-timber activities and carbon credit sales. Co.'s Real Estate segment reflects all of its land or leasehold sales. The Trading segment reflects the log trading activities conducted by its New Zealand subsidiary.

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