Rayonier(NYSE:RYN) Declares Dividend of $0.2500.

Rayonier (NYSE:RYN) had declared a cash dividend of $0.2500 on Jul 22, 2016. The shares will quote ex-dividend on Sep 14, 2016 and the record date has been fixed for Sep 16, 2016. On Jul 22, 2016 share price, the yield comes out to be 3.7092%. The dividend payable date has been fixed on Sep 30, 2016.

Rayonier (RYN) made into the market gainers list on Thursdays trading session with the shares advancing 0.89% or 0.24 points. Due to strong positive momentum, the stock ended at $27.16, which is also near the day’s high of $27.27. The stock began the session at $26.94 and the volume stood at 1,97,921 shares. The 52-week high of the shares is $27.26 and the 52 week low is $17.85. The company has a current market capitalization of $3,336 M and it has 12,28,22,111 shares in outstanding.

Rayonier(RYN) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $134.80M. Analysts had an estimated revenue of $127.90M. Earnings per share were $0.11. Analysts had estimated an EPS of $0.08.

Several Insider Transactions has been reported to the SEC. On May 31, 2016, Mark R Bridwell (VP, General Counsel and CS) sold 881 shares at $26.12 per share price.Also, On Feb 17, 2016, Scott R. Jones (director) purchased 19,382 shares at $19.87 per share price.On Feb 17, 2016, David L Nunes (CEO) purchased 10,000 shares at $19.32 per share price, according to the Form-4 filing with the securities and exchange commission.

Rayonier Inc. (Rayonier) is a timberland real estate investment trust (REIT). As of December 31 2014 the Company owned leased or managed 2.7 million acres of timberlands located in the United States South (1.9 million acres) United States Pacific Northwest (372000 acres) and New Zealand (451000 gross acres or 309000 net plantable acres). In addition the Company is engaged in the trading of logs from New Zealand and Australia to Pacific Rim markets primarily to support New Zealand export operations. The Company operates through five segments: Southern Timber Pacific Northwest Timber New Zealand Timber Real Estate and Trading. The Company’s Timber segments own or lease approximately 2.7 million acres of timberlands located in the United States and New Zealand. The Company’s Real Estate segment’s holdings are primarily in the southeastern United States. The Company’s Trading segment consists of log trading activities in New Zealand and Australia.

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