Rayonier Inc. (NYSE:RYN) declared 4Q20 dividend of $ 0.27 per share, or $ 1.08 annualized.
The dividend will be payable on December 31, 2020, to stockholders of record on December 17, 2020, with an ex-dividend date of December 16, 2020.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Rayonier Inc.
Rayonier Inc. recently reported second quarter financial results on August 5, 2020, after market close, the Yulee based company recorded income for the second quarter of $ 0.11 per share, from the revenue of $ 195.60 million. Street analysts expected Rayonier Inc. recently reported second quarter financial results on August 5, 2020, after market close, the Yulee based company to report income of $ 0.04 per share on revenue of $ 145.74 million for the second quarter. The bottom line results beat street analysts by $ 0.07 or 175.00 percent, at the same time, top line results outshined analysts by $ 49.86 million or 34.21 percent.
Stock Performance
Shares of Rayonier Inc. traded low $ -0.35 or -1.25 percent on Friday, reaching $ 27.71 with volume of 212.70 thousand shares. Rayonier Inc. has traded high as $ 28.05 and has cracked $ 27.71 on the downward trend
According to the previous trading day, closing price of $ 27.71, representing a 75.81 % increase from the 52 week low of $ 15.96 and a 15.23 % decrease over the 52 week high of $ 33.10.
The company has a market capital of $ 3.87 billion and is part of the Basic Materials sector and Lumber & Wood Production industry.
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, 2019, Rayonier owned, leased or managed approximately 2.6 million acres of timberlands located in the U.S. South (1.8 million acres), U.S.
