Rayonier Inc. REIT (RYN) Ex-Dividend Date Scheduled for December 13, 2012

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Rayonier Inc. REIT ( RYN ) 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. ( SPG ) and American Tower Corporation (REIT) ( AMT ). 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 RYN Dividend History page.

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 ( WOOD )
  • Guggenheim Timber ETF ( CUT ).

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%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: AMT , CUT , RYN , SPG , WOOD

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