Rayonier Announces Fourth Quarter 2022 Dividend

Rhea-AI Summary

Rayonier Inc. (NYSE:RYN) has declared a fourth quarter cash dividend of $0.285 per common share, payable on December 30, 2022, to shareholders of record on December 16, 2022. Additionally, a cash distribution of $0.285 per operating partnership unit has been announced, also payable on December 30, 2022, to holders of record on December 16, 2022.

Rayonier is a major timberland real estate investment trust with approximately 2.7 million acres of productive timberland located in the U.S. and New Zealand.

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• Declared a fourth quarter cash dividend of $0.285 per share.
• Declared a cash distribution of $0.285 per operating partnership unit.

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• None.

WILDLIGHT, Fla.--(BUSINESS WIRE)-- Rayonier Inc. (NYSE:RYN) announced today that the Company’s board of directors has declared a fourth quarter cash dividend of $0.285 per common share. The dividend is payable on December 30, 2022, to shareholders of record on December 16, 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 fourth quarter cash distribution of $0.285 per operating partnership unit. The cash distribution is payable on December 30, 2022, to holders of record on December 16, 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 June 30, 2022, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands located in the U.S. South (1.79 million acres), U.S. Pacific Northwest (486,000 acres) and New Zealand (418,000 acres). More information is available at www.rayonier.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221020005635/en/

Investors: Collin Mings, investorrelations@rayonier.com, 904-357-9100

Media: Alejandro Barbero, alejandro.barbero@rayonier.com

Source: Rayonier Inc.

FAQ

What is the dividend amount declared by Rayonier (RYN) for the fourth quarter of 2022?

Rayonier has declared a fourth quarter cash dividend of $0.285 per common share.

When will Rayonier's (RYN) fourth quarter dividend be paid?

The dividend will be paid on December 30, 2022.

What is the record date for Rayonier's (RYN) fourth quarter dividend?

The record date for the dividend is December 16, 2022.

What is the cash distribution for Rayonier, L.P. in the fourth quarter of 2022?

The cash distribution for Rayonier, L.P. is also $0.285 per operating partnership unit.