Rayonier Inc. REIT (
) has announced an ex-dividend date of December 13, 2012 and a cash
dividend payment of $0.44 per share scheduled for December 31,
2012. Shareholders who purchased RYN stock prior to the ex-dividend
date are eligible for the cash dividend payment. This represents an
10% increase over the same period a year ago. At the current stock
price of $50.47, the dividend yield is 3.49%.
The previous trading day's last sale of RYN was $50.47,
representing a -2.7% decrease from the 52 week high of $51.87 and a
25.95% increase over the 52 week low of $40.07.
RYN is a part of the Consumer Services sector, which includes
companies such as Simon Property Group, Inc. (
) and American Tower Corporation (REIT) (
). RYN's current earnings per share, an indicator of a company's
profitability, is $2.03. Zacks Investment Research reports RYN's
forecasted earnings growth in 2012 as 2.03%, compared to an
industry average of 15.8%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to RYN through an Exchange
Traded Fund [ETF]?
The following ETF(s) have RYN as a top-10 holding:
- iShares S&P Global Timber &Forestry Index Fund (
- Guggenheim Timber ETF (
The top-performing ETF of this group is CUT with an increase of
18.2% over the last 100 days. WOOD has the highest percent
weighting of RYN at 9.34%.