Rayonier Inc. (NYSE:RYN) Updates On Quarterly Dividend


As per Rayonier Inc. (NYSE:RYN) statement on 2016-07-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.25 per share as dividend to stakeholders. The record date is set as 2016-09-16, the payout date as 2016-09-30 and the ex-dividend date is 2016-09-14.

Last fiscal Rayonier Inc. (NYSE:RYN) disbursed cash dividend of $0.25. A year ago, the payout was $0.25, which indicates a difference of -93.0265%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.25, implying -5.9644% growth.

For the period ended on 2015-12-31, Rayonier Inc. (NYSE:RYN)’s earnings came at $0.07 per share compared to EPS of $0.17 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-07. For this quarter, the analysts have earnings estimate of $0.14 per share.

The interim price target for Rayonier Inc. (NYSE:RYN) is set at $25.6. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Rayonier Inc. (NYSE:RYN) is seen at $30 and the lowest level is established at $21. This broad range highlights a standard deviation of $4.037 in reported estimates.

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