DIVIDEND ANNOUNCEMENT: Rayonier Inc. (NYSE:RYN) on 02/15/2024 declared a dividend of $0.2850 per share

Rayonier Inc. (NYSE:RYN) on 02/15/2024 declared a dividend of $ 0.2850 per share payable on March 28, 2024 to shareholders of record as of March 14, 2024. Dividend amount recorded is an increase of $ 0.085 from last dividend Paid.

Rayonier Inc. (NYSE:RYN) has paid dividends since 1994, has a current dividend yield of 3.4430685043% and has increased its dividends for 2 successive years.

Rayonier Inc.'s market cap is $ 4,909,981,230 and has a PE ratio of 60.20. The stock price closed yesterday at $ 33.11 and has a 52 week low/high of $ 24.84 and $ 35.03.

Rayonier is a timberland real estate investment trust with assets located in the softwood timber growing regions. Co. operates in six reportable business segments: Southern Timber, Pacific Northwest Timber, New Zealand Timber, Timber Funds, Real Estate and Trading. Co.'s timber businesses are disaggregated into Southern Timber, Pacific Northwest Timber, New Zealand Timber and Timber Funds segments. The Timber segments include all activities related to the harvesting of timber. Co.'s Real Estate segment are reported in various categories such as improved development, unimproved development and rural. Co.'s Trading segment mainly reflects log trading activities in New Zealand and Australia.

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