Rayonier declared a cash dividend payable on September 29, 2017

Rayonier declared a third quarter cash dividend of USD 0.25 per common share. The dividend is payable on September 29, 2017, to shareholders of record on September 15, 2017.

Check other wood business-related companies 2Q2017 schedules for financial and operating results.

Earlier Rayonier Inc priced its previously announced underwritten public offering of 5,000,000 common shares at a price to the public of USD 27.75 per share.

About Rayonier

The company 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.

Source: Woodbizforum