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WILDLIGHT, Fla. - Rayonier Inc. (NYSE:RYN), a timberland real estate investment trust, has declared a quarterly cash dividend of $0.2725 per common share, scheduled for payment on June 30, 2025, to shareholders on record as of June 16, 2025. The company boasts a significant 12% dividend yield and has maintained dividend payments for 32 consecutive years, according to InvestingPro data. In a concurrent move, the board of directors, also overseeing the general partner of Rayonier, L.P., announced an identical cash distribution for its operating partnership units, with the same record and payment dates.
Rayonier specializes in timberland assets across prime softwood timber growing regions in the United States and New Zealand. As of March 31, 2025, the company manages approximately 2.5 million acres, including 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. With a market capitalization of $3.8 billion and currently trading below its Fair Value, this strategic positioning allows Rayonier to leverage the productive capacity of these regions to support its dividend and distribution strategy.
The announcement reflects the company’s commitment to delivering shareholder value through regular distributions, a key aspect of its financial policy. With an "GREAT" financial health score and operating with moderate debt levels, Rayonier’s consistent performance in managing its extensive timberland portfolio underpins these quarterly financial returns to its investors. Discover more detailed insights about Rayonier’s financial performance in the comprehensive Pro Research Report, available exclusively on InvestingPro.
The information about the dividends and distributions is based on a press release statement from Rayonier Inc.
In other recent news, Rayonier Inc. reported its Q1 2025 financial results, which revealed challenges as both earnings and revenue fell short of analyst expectations. The company posted an earnings per share (EPS) of -$0.02, missing the forecasted $0.07, while revenue totaled $83 million, significantly below the projected $152.6 million. Despite these setbacks, Rayonier announced the sale of its New Zealand business for $710 million, aligning with its strategic focus on U.S.-based growth opportunities. The company provided a full-year 2025 adjusted EBITDA guidance of $215-$235 million, excluding the New Zealand operations. Additionally, Rayonier plans to use proceeds from the sale to reduce leverage and distribute a special dividend of $1-$1.40 per share. Analysts at RBC Capital Markets and Citigroup discussed the impact of market conditions, noting potential benefits from higher duties on Canadian lumber. Rayonier’s strategic initiatives include land-based solutions and energy transition opportunities, with an emphasis on improving market conditions in the latter half of 2025.
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