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Rayonier's Fourth Quarter Dividend Unchanged for Seventh Consecutive Quarter

Timberland REIT Owns 2.6 Million Acres in US and New Zealand
A tract of timberland in Florida owned by Rayonier Inc. (CoStar)
A tract of timberland in Florida owned by Rayonier Inc. (CoStar)
By Liz Gonzalez
CoStar Research
October 21, 2019 | 5:06 P.M.

Rayonier, a publicly traded real estate investment trust (NYSE: RYN) that owns and manages 2.6 million acres of timberland across the U.S. and New Zealand, will issue a fourth quarter dividend of $0.27 per share, or $1.08 per share annually, at year-end to shareholders of record as of December 17, 2019. 

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