Rayonier Announces Fourth Quarter 2009 Dividend
Business Wire
Oct 16, 2009
Rayonier (NYSE:RYN) announced today that the company’s Board of
Directors has declared a fourth quarter cash dividend of 50 cents per
common share. The dividend is payable on December 31, 2009, to
shareholders of record on December 10, 2009.
For further information, visit the company’s web site at www.rayonier.com.
Complimentary copies of Rayonier press releases and other financial
documents are available by calling 1-800-RYN-7611.
About Rayonier
Rayonier is a leading international forest products company with
three core businesses: Timber, Real Estate and Performance Fibers. The
company owns, leases or manages 2.5 million acres of timber and land in
the United States and New Zealand. The company’s holdings include
approximately 200,000 acres with residential and commercial development
potential along the fast-growing Interstate 95 corridor between
Savannah, Georgia, and Daytona Beach, Florida. Its Performance Fibers
business is one of the world’s leading producers of high-value specialty
cellulose fibers. Approximately 40 percent of the company’s sales
are outside the U.S. to customers in approximately 40 countries.
Rayonier is structured as a real estate investment trust. More
information is available at www.rayonier.com.
(c) 2009 Business Wire, Inc., All rights reserved. All of the news releases and other content contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. Any copying or reproduction (other than for an individual user's personal reference), redistribution, reposting or other transmission or communication is expressly prohibited without prior written permission of Business Wire, Inc
