Rayonier Announces Results of Special Dividend Election
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Rayonier Inc. announced the results of shareholder elections for a special dividend declared on December 2, 2024. The dividend of $1.80 per share will be paid on January 30, 2025, in cash and common shares.
January 29, 2025 | 10:00 pm
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Rayonier Inc. declared a special dividend of $1.80 per share, to be paid in cash and common shares on January 30, 2025. This could impact the stock price as investors react to the dividend distribution.
The announcement of a special dividend often leads to a positive short-term impact on the stock price as it reflects the company's strong financial position and rewards shareholders. The mix of cash and shares could also influence investor sentiment.
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