Company: Rayonier Inc. (RYN)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Rayonier owns and manages over 2 million acres of timberland in the United States. It is one the largest private landowners in North America. The firm also owns timberland in New Zealand. Rayonier is structured as a real estate investment trust and is not required to pay federal income taxes on earnings generated by timber harvest activities. -Morningstar.com-
Symbol: RYN
Recent Price: $30.80
Dividends: $1.14
Yield: 3.70%
Sector: Real Estate
Industry: REIT-Specialty
Address & Company Phone #: 1 Rayonier Way Yulee FL 32097, 904-357-9100
Transfer Agent: Computershare 800-659-0158
Moody’s Rating: Baa3
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail for $15+12¢/sh.
52 Week High & Low: $34.55, $24.84