Rayonier Announces Results of Special Dividend Election
Rayonier (NYSE:RYN) has announced the results of shareholder elections for its special dividend of $1.80 per common share, to be paid on January 30, 2025, to shareholders of record on December 12, 2024. The dividend will consist of approximately $67 million in cash and 7.6 million common shares.
The share component was calculated at $26.5116 per share, based on volume-weighted average trading prices. Shareholders who made no election will receive $0.45 per share in cash and $1.35 in shares. Those who elected all-shares will receive the full dividend in shares, while those who elected all-cash will receive $0.61333416 per share in cash and $1.18666584 in shares. Operating partnership unit holders will receive $0.45 per unit in cash and $1.35 in operating partnership units.
Rayonier (NYSE:RYN) ha annunciato i risultati delle elezioni degli azionisti per il suo dividendo speciale di 1,80 dollari per azione ordinaria, che sarà pagato il 30 gennaio 2025, agli azionisti registrati il 12 dicembre 2024. Il dividendo consisterà in circa 67 milioni di dollari in contante e 7,6 milioni di azioni ordinarie.
La componente azionaria è stata calcolata a 26,5116 dollari per azione, basata sui prezzi medi ponderati per volume. Gli azionisti che non hanno effettuato alcuna scelta riceveranno 0,45 dollari per azione in contante e 1,35 dollari in azioni. Coloro che hanno scelto solo azioni riceveranno l'intero dividendo in azioni, mentre coloro che hanno scelto solo contante riceveranno 0,61333416 dollari per azione in contante e 1,18666584 dollari in azioni. I titolari di unità di partnership operativa riceveranno 0,45 dollari per unità in contante e 1,35 dollari in unità di partnership operativa.
Rayonier (NYSE:RYN) ha anunciado los resultados de las elecciones de accionistas para su dividendo especial de 1.80 dólares por acción ordinaria, que se pagará el 30 de enero de 2025, a los accionistas registrados el 12 de diciembre de 2024. El dividendo consistirá en aproximadamente 67 millones de dólares en efectivo y 7.6 millones de acciones ordinarias.
El componente de acciones se calculó en 26.5116 dólares por acción, basado en precios promedio ponderados por volumen. Los accionistas que no realizaron ninguna elección recibirán 0.45 dólares por acción en efectivo y 1.35 dólares en acciones. Aquellos que eligieron solo acciones recibirán el dividendo completo en acciones, mientras que aquellos que eligieron solo efectivo recibirán 0.61333416 dólares por acción en efectivo y 1.18666584 dólares en acciones. Los tenedores de unidades de la asociación operativa recibirán 0.45 dólares por unidad en efectivo y 1.35 dólares en unidades de la asociación operativa.
Rayonier (NYSE:RYN)는 보통주당 1.80달러 특별 배당금 주주 선거 결과를 발표했으며, 이 배당금은 2025년 1월 30일에 지급될 예정입니다. 지급 대상 주주는 2024년 12월 12일 기준으로 등록된 주주입니다. 배당금은 약 6700만 달러 현금과 760만 보통주로 구성됩니다.
주식 요소는 주당 26.5116달러로 계산되었으며, 거래량 가중 평균 가격을 기반으로 합니다. 선택을 하지 않은 주주들은 주당 0.45달러를 현금으로, 1.35달러를 주식으로 받을 것입니다. 모든 주식을 선택한 주주들은 배당금을 전액 주식으로 받을 것이며, 모든 현금을 선택한 주주들은 주당 현금으로 0.61333416달러, 주식으로 1.18666584달러를 받을 것입니다. 운영 파트너십 유닛 보유자들은 유닛당 0.45달러를 현금으로, 1.35달러를 운영 파트너십 유닛으로 받을 것입니다.
Rayonier (NYSE:RYN) a annoncé les résultats des élections des actionnaires pour son dividende spécial de 1,80 $ par action ordinaire, qui sera versé le 30 janvier 2025 aux actionnaires enregistrés le 12 décembre 2024. Le dividende sera composé d'environ 67 millions de dollars en espèces et de 7,6 millions d'actions ordinaires.
Le composant en actions a été calculé à 26,5116 $ par action, basé sur les prix moyens pondérés par le volume. Les actionnaires qui n'ont pas effectué de choix recevront 0,45 $ par action en espèces et 1,35 $ en actions. Ceux qui ont choisi toutes les actions recevront le dividende complet en actions, tandis que ceux qui ont choisi tout en espèces recevront 0,61333416 $ par action en espèces et 1,18666584 $ en actions. Les détenteurs d'unités de partenariat opérationnel recevront 0,45 $ par unité en espèces et 1,35 $ en unités de partenariat opérationnel.
Rayonier (NYSE:RYN) hat die Ergebnisse der Aktionärswahlen für die Sonderdividende von 1,80 Dollar pro Stammaktie bekannt gegeben, die am 30. Januar 2025 an die Aktionäre ausgezahlt wird, die am 12. Dezember 2024 im Aktienregister stehen. Die Dividende wird aus etwa 67 Millionen Dollar in bar und 7,6 Millionen Stammaktien bestehen.
Der Aktienteil wurde mit 26,5116 Dollar pro Aktie berechnet, basierend auf dem volumengewichteten Durchschnittspreis. Aktionäre, die keine Wahl getroffen haben, erhalten 0,45 Dollar pro Aktie in bar und 1,35 Dollar in Aktien. Diejenigen, die sich für alle Aktien entschieden haben, erhalten die gesamte Dividende in Aktien, während diejenigen, die sich für alles in bar entschieden haben, 0,61333416 Dollar pro Aktie in bar und 1,18666584 Dollar in Aktien erhalten. Inhaber von Betriebspartnerschaftseinheiten erhalten 0,45 Dollar pro Einheit in bar und 1,35 Dollar in Betriebspartnerschaftseinheiten.
- Special dividend of $1.80 per share represents significant return to shareholders
- Total cash distribution of approximately $67 million demonstrates strong liquidity
- cash component (25%) of special dividend may disappoint shareholders who preferred cash
- Share issuance of approximately 7.6 million shares will result in dilution
WILDLIGHT, Fla.--(BUSINESS WIRE)--
Rayonier Inc. (the “Company” or “Rayonier”) (NYSE:RYN) announced today the results of shareholder elections relating to the special dividend declared by its Board of Directors on December 2, 2024. The dividend of
The dividend will be paid in the form of approximately
Shareholders of record on December 12, 2024, were asked to make an election to receive the dividend all in cash or all in common shares, with the total cash component limited to
Summarized results of the dividend elections are as follows:
- To shareholders that elected to receive the dividend in all shares, Rayonier will pay the dividend in common shares.
-
To shareholders that elected to receive the dividend in all cash, Rayonier will pay the dividend in the form of
$0.61 333416$1.18 666584 - Rayonier will pay fractional shares in cash.
The Company expects the dividend to be a taxable dividend to shareholders, regardless of whether a particular shareholder receives the dividend in the form of cash or common shares.
Shareholders who hold their shares through a bank, broker or nominee and have questions regarding the dividend should contact such bank, broker or nominee. If you are a registered shareholder and have questions regarding the dividend, you may call Computershare Trust Company, N.A. at (800) 659-0158, or (201) 680-6578 for international callers.
The Company also announced today that holders of operating partnership units will receive the distribution in the form of
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
Forward-Looking Statements
Certain statements in this press release regarding anticipated events, including the amount, timing and form of expected payment of dividends on the Company’s common shares, are “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws.
Factors that could cause actual events to differ materially from those expressed in forward-looking statements include, among other things, the factors set forth in Item 1A – Risk Factors in the Company’s most recent Annual Report on Form 10-K and similar discussion included in other reports that we subsequently file with the Securities and Exchange Commission (the “SEC”). Forward-looking statements are not guarantees of future performance or events and are only as of the date they are made, and the Company undertakes no duty to update its forward-looking statements except as required by law. You are advised, however, to review any further disclosures we make on related subjects in our subsequent reports filed with the SEC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250129539075/en/
Investors/Media: Collin Mings, investorrelations@rayonier.com, 904-357-9100
Source: Rayonier Inc.
FAQ
When will Rayonier (RYN) pay its special dividend of $1.80 per share?
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