JACKSONVILLE, Fla.--(BUSINESS WIRE)--Feb. 29, 2016--
Rayonier Inc. (NYSE:RYN) announced today that the company’s board of
directors has declared a first quarter cash dividend of $0.25 per common
share. The dividend is payable on March 31, 2016, to shareholders of
record on March 17, 2016.
About Rayonier
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. Rayonier owns, leases or
manages approximately 2.7 million acres of timberlands located in the
U.S. South, U.S. Pacific Northwest and New Zealand. More information is
available at www.rayonier.com.
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Source: Rayonier Inc.
Rayonier
Investors
Mark McHugh, 904-357-3757
or
Media
Roseann
Wentworth, 904-357-9185
roseann.wentworth@rayonier.com