YULEE, Fla.--(BUSINESS WIRE)--Jan. 16, 2018--
Rayonier Inc. (NYSE:RYN) announced today the tax treatment of the
Company’s 2017 dividend distribution on its Common Stock CUSIP 754907103.
The dividends, totaling $1.00 per share, were paid quarterly as follows:
$0.25 on March 31, 2017; $0.25 on June 30, 2017; $0.25 on September 29,
2017; and $0.25 on December 29, 2017. The $1.00 per share dividend is
classified for income tax purposes as 100% Capital Gain Distribution and
0% Non-dividend Distribution. The following table summarizes the income
tax treatment of the Company’s 2017 dividends.
2017 Dividend Tax Reporting Information (Form 1099-DIV)
|
Record Date
|
|
Payable Date
|
|
Cash Distribution
per Share
|
|
Capital Gain
Distribution(1)
|
|
Non-dividend
Distribution(2)
|
|
|
03/17/2017
|
|
03/31/2017
|
|
$0.25
|
|
$0.25
|
|
$0.00
|
|
|
06/16/2017
|
|
06/30/2017
|
|
$0.25
|
|
$0.25
|
|
$0.00
|
|
|
09/15/2017
|
|
09/29/2017
|
|
$0.25
|
|
$0.25
|
|
$0.00
|
|
|
12/15/2017
|
|
12/29/2017
|
|
$0.25
|
|
$0.25
|
|
$0.00
|
|
|
|
|
Totals:
|
|
$1.00
|
|
$1.00
|
|
$0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax treatment of the Company’s 2017 common stock dividends should not be
presumed to be indicative or predictive of the tax treatment of future
Company dividends.
Shareholders are encouraged to consult with their tax advisers as to
their specific tax treatment of Rayonier dividends.
(1) Form 1099-DIV box 2a
(2) Form 1099-DIV box 3
For further information, visit the Company’s website at www.rayonier.com.
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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. As of
September 30, 2017, Rayonier owned, leased or managed
approximately 2.7 million acres of timberlands located in the U.S.
South (1.9 million acres), U.S. Pacific Northwest (378,000 acres)
and New Zealand (429,000 acres). More information is available at www.rayonier.com.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20180116006811/en/
Source: Rayonier Inc.
Rayonier Inc.
Investors / Media:
Mark McHugh, 904-357-9100
investorrelations@rayonier.com