Rayonier declares special dividend of $1.80 per share payable 25% in cash and 75% in common shares

Wildlight, fla.--(business wire)--rayonier inc. (the “company” or “rayonier”) (nyse:ryn) announced today that the company's board of directors has declared a one-time, special dividend of $1.80 per common share, consisting of a combination of cash and the company's common shares. the dividend is payable on january 30, 2025 to shareholders of record on december 12, 2024. the special dividend is being made in connection with the taxable gains arising from the $495 million of timberland dispositio.
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