Rayonier Declares Special Dividend of $1.80 Per Share Payable 25% in Cash and 75% in Common Shares
Rayonier Inc. REIT (RYN)
Last rayonier inc. reit earnings: 4/29 04:11 pm
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phx.corporate-ir.net/phoenix.zhtml?c=91500&p=irol-irhome
Company Research
Source: Business Wire
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (the “Company” or “Rayonier”) (NYSE:RYN) announced today that the Company’s board of directors has declared a one-time, special dividend of $1.80 per common share, consisting of a combination of cash and the Company's common shares. The dividend is payable on January 30, 2025 to shareholders of record on December 12, 2024.The special dividend is being made in connection with the taxable gains arising from the $495 million of timberland dispositions the Company completed during the fourth quarter as part of its previously announced asset disposition and capital structure realignment plan.The cash component of the special dividend (other than cash paid in lieu of fractional shares) will not exceed 25% in the aggregate, with the balance payable in the Company’s common shares. The Company expects the dividend will be a taxable dividend, regardless of whether received in the form of cash or common shares.“The substantial progress we made
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News
- Rayonier (RYN) Down 1.3% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- Rayonier Announces New Share Repurchase Program & Special Dividend [Yahoo! Finance]Yahoo! Finance
- Rayonier Announces New $300 Million Share Repurchase Authorization [Yahoo! Finance]Yahoo! Finance
- Rayonier Announces New $300 Million Share Repurchase AuthorizationBusiness Wire
- Rayonier Declares Special Dividend of $1.80 Per Share Payable 25% in Cash and 75% in Common Shares [Yahoo! Finance]Yahoo! Finance
RYN
Earnings
- 11/6/24 - Miss
RYN
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- RYN's page on the SEC website