Rayonier announces a $0.26 per share dividend for Q2, matching the prior quarter and offering a 5.25% forward yield.
Rayonier declared a $0.26 per share quarterly dividend, consistent with the previous quarter. The payment will be made on June 30 to shareholders of record as of June 16, with an ex-dividend date also set for June 16.
The company has maintained the $0.26 dividend for two consecutive quarters. The forward yield stands at 5.25%, reflecting stability in its payout policy.
No immediate market reaction was reported following the announcement.