Rayonier Announces First Quarter 2017 Dividend

Rayonier Inc. (NYSE:RYN) announced today that the company’s board of directors has declared a first quarter cash dividend of $0.25 per common share. The dividend is payable on March 31, 2017, to shareholders of record on March 17, 2017.

About Rayonier

Rayonier is a leading timberland real estate investment trust with assets located in some of the most productive softwood timber growing regions in the United States and New Zealand. As of December 31, 2016, Rayonier owned, leased or managed approximately 2.7 million acres of timberlands located in the U.S. South (1.85 million acres), U.S. Pacific Northwest (378,000 acres) and New Zealand (433,000 acres). More information is available at www.rayonier.com.

Contacts:

Rayonier
Investors:
Mark McHugh, 904-357-3757
or
Media:
Roseann Wentworth, 904-357-9185
roseann.wentworth@rayonier.com

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