Rayonier Announces First Quarter 2022 Dividend

Rhea-AI Summary

Rayonier Inc. (NYSE:RYN) has declared a first quarter cash dividend of $0.27 per common share, payable on March 31, 2022, to shareholders of record on March 17, 2022. Additionally, a cash distribution of $0.27 per operating partnership unit has been announced for Rayonier, L.P., also payable on March 31, 2022, to holders of record on March 17, 2022. Rayonier is a leading timberland REIT, managing approximately 2.7 million acres of timberlands, primarily in the U.S. and New Zealand.

Positive

• Declared a cash dividend of $0.27 per common share, enhancing shareholder income.
• First quarter cash distribution of $0.27 per operating partnership unit, indicating strong operational performance.

Negative

• None.

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE:RYN) announced today that the Company’s board of directors has declared a first quarter cash dividend of $0.27 per common share. The dividend is payable on March 31, 2022, to shareholders of record on March 17, 2022.

The Company also announced today that the Company’s board of directors, in its capacity as the board of directors of the general partner of Rayonier, L.P., has declared a first quarter cash distribution of $0.27 per operating partnership unit. The cash distribution is payable on March 31, 2022 to holders of record on March 17, 2022.

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 December 31, 2021, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.80 million acres), U.S. Pacific Northwest (490,000 acres) and New Zealand (419,000 acres). More information is available at www.rayonier.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220217005776/en/

Investors / Media

Collin Mings, 904-357-9100

investorrelations@rayonier.com

Source: Rayonier Inc.

FAQ

What is the dividend amount announced by Rayonier Inc. for Q1 2022?

Rayonier Inc. announced a cash dividend of $0.27 per common share for Q1 2022.

When is the payment date for the dividend declared by Rayonier Inc.?

The payment date for the dividend is March 31, 2022.

What is the record date for the Rayonier Inc. dividend?

The record date for the dividend is March 17, 2022.

What is the cash distribution amount for Rayonier, L.P. for Q1 2022?

Rayonier, L.P. declared a cash distribution of $0.27 per operating partnership unit for Q1 2022.