Rayonier declares $0.2725 per share dividend for third quarter

WILDLIGHT, Fla. - Rayonier Inc. (NYSE:RYN) announced Friday that its board of directors has declared a third quarter cash dividend of $0.2725 per common share, payable on September 30, 2025, to shareholders of record on September 16, 2025. The dividend represents an attractive 12.3% yield, reflecting the company’s 32-year track record of consistent dividend payments. According to InvestingPro analysis, Rayonier maintains a "GREAT" financial health score of 3.24 out of 5.

The timber real estate investment trust also declared an identical cash distribution of $0.2725 per operating partnership unit for Rayonier, L.P., with the same payment date and record date as the common share dividend.

Rayonier, which owns or leases approximately 2.5 million acres of timberlands, completed the previously announced sale of its New Zealand assets on June 30. Prior to this divestiture, the company’s holdings included 1.75 million acres in the U.S. South, 308,000 acres in the U.S. Pacific Northwest, and 412,000 acres in New Zealand.

The dividend announcement comes as part of the company’s regular quarterly financial activities, according to the press release statement.

In other recent news, Rayonier Inc. reported a disappointing performance for the first quarter of 2025, with earnings per share of -$0.02, missing the analyst forecast of $0.07. The company’s revenue also fell short, totaling $83 million compared to the expected $152.6 million. In a significant transaction, Rayonier completed the sale of its New Zealand joint venture for approximately $710 million, with plans to use the proceeds to reduce debt and return capital to shareholders. Following this sale, S&P Global Ratings upgraded Rayonier to ’BBB’, citing improved leverage. Additionally, Citi analysts adjusted their outlook on Rayonier, lowering the stock price target to $26 due to valuation concerns but maintaining a Neutral rating. Meanwhile, Rayonier declared a quarterly cash dividend of $0.2725 per common share, reflecting its ongoing commitment to shareholder value. Despite the challenges, Rayonier has set a full-year 2025 adjusted EBITDA guidance of $215-$235 million, indicating a focus on strategic initiatives and potential market improvements.

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