Rayonier Announces Tax Treatment of 2013 Dividends
13 Janeiro 2014 - 5:20PM
Business Wire
Rayonier (NYSE:RYN) today announced the tax reporting
information for its 2013 cash distributions (dividends) on its
Common Stock.
The dividends, totaling $1.86 per share, were paid quarterly as
follows: $0.44 on March 28, 2013; $0.44 on June 28, 2013; $0.49 on
Sept. 30, 2013; and $0.49 on Dec. 31, 2013. They are classified for
income tax purposes as $1.14 (61.29%) Qualified Dividends and $.72
(38.71%) Capital Gain Distribution.
The following table summarizes the income tax treatment of the
company's 2013 dividends. The per share amounts in the table
reflect an 11 percent increase effective in the third quarter.
2013 Dividend Tax Reporting Information (Form
1099-DIV)
Rayonier Inc. Common Stock: RYN
CUSIP 754907103
Record Date
Payable Date
CashDistributionPer
Share
QualifiedDividends(1)
Capital Gain(2)
03/14/2013 03/28/2013 $0.44 $0.269677 $0.170323 06/14/2013
06/28/2013 $0.44 $0.269677 $0.170323 09/16/2013 09/30/2013 $0.49
$0.300323 $0.189677 12/17/2013 12/31/2013
$0.49
$0.300323
$0.189677
Totals:
$1.86
$1.14
$.72
Tax treatment of the company’s 2013 common stock dividends
should not be presumed to be indicative or predictive of the tax
treatment of future company dividends.
Shareholders are encouraged to consult with their tax advisers
as to their specific tax treatment of Rayonier dividends.
(1) Form 1099-DIV box 1b
(2) Form 1099-DIV box 2a
For further information, visit the company’s website at
www.rayonier.com. Complimentary copies of Rayonier press releases
and other financial documents are available by calling
1-800-RYN-7611.
About Rayonier
Rayonier is a leading international forest products company with
three core businesses: Forest Resources, Real Estate and
Performance Fibers. The company owns, leases or manages 2.6 million
acres of timber and land in the United States and New Zealand. The
company's holdings include approximately 200,000 acres with
residential and commercial development potential along the
Interstate 95 corridor between Savannah, Ga., and Daytona Beach,
Fla. Its Performance Fibers business is one of the world's leading
producers of high-value specialty cellulose fibers, which are used
in products such as filters, pharmaceuticals and LCD screens.
Approximately 50 percent of the company's sales are outside the
U.S. to customers in approximately 20 countries. Rayonier is
structured as a real estate investment trust. More information is
available at www.rayonier.com.
RayonierInvestors: Ed Kiker, 904-357-9186Media: Russell
Schweiss, 904-357-9158
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