Rayonier Announces Second Quarter 2021 Dividend
24 Maio 2021 - 8:00AM
Business Wire
Rayonier Inc. (NYSE:RYN) announced today that the Company’s
board of directors has declared a second quarter cash dividend of
$0.27 per common share. The dividend is payable on June 30, 2021,
to shareholders of record on June 16, 2021.
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 second quarter cash
distribution of $0.27 per operating partnership unit. The cash
distribution is payable on June 30, 2021 to holders of record on
June 16, 2021.
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 March
31, 2021, Rayonier owned or leased under long-term agreements
approximately 2.7 million acres of timberlands located in the U.S.
South (1.75 million acres), U.S. Pacific Northwest (507,000 acres)
and New Zealand (417,000 acres). The Company also acts as the
managing member in a private equity timber fund business with three
funds comprising approximately 141,000 acres. On a “look-through
basis”, the Company’s ownership in the timber fund business equates
to approximately 17,000 acres. More information is available at
www.rayonier.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210524005381/en/
Investors / Media Collin Mings, 904-357-9100
investorrelations@rayonier.com
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