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Rayonier Inc. (RYN) logo

Rayonier Inc.

S&P 500

RYN/Real Estate · REIT - Specialty/NYSE

Dividend Yield

10.49%

$2.19 · Annual Dividend

Stock Price$21.88P/E45.6MCap6.3BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

59/ 100Caution

RYN's dividend shows some areas that warrant monitoring. Strengths include a 6.3% net debt / total assets & 2.5x current ratio. Areas of concern: 234.2% earnings payout ratio & 129.8% fcf payout ratio. The dividend has been growing at a 18.20% 5-year CAGR. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 15 of 15 metrics

Strengths

  • Net Debt / Total Assets: 6.3%Healthy balance sheet with low net debt.
  • Current Ratio: 2.5xStrong short-term liquidity to meet obligations.
  • Debt-to-Equity: 38.9Conservative debt level relative to equity.

Risks

  • Earnings Payout Ratio: 234.2%High earnings payout ratio leaves little safety margin.
  • FCF Payout Ratio: 129.8%Free cash flow is tight relative to the dividend.
  • CFO Payout Ratio: 118.5%Operating cash flow leaves little room for the payout.

Payout & Coverage

Warning
129.8%Danger
118.5%Danger

Balance Sheet

Very Safe
2.5xVery Safe
38.9Very Safe

Profitability

Warning
9.4%Caution
16.8%Warning

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
18.2%Very Safe
GrowingVery Safe

About Rayonier Inc.

Rayonier Inc. is a leading timberland real estate investment trust (REIT) that manages and operates a portfolio of timberlands across the diverse landscapes of the United States and New Zealand. The primary function of Rayonier is to generate revenue from the sustainable harvesting of timber, which is a critical raw material for various industries including construction, paper manufacturing, and wood products. By owning approximately 2.7 million acres of timberland, Rayonier plays a vital role in influencing the forestry sector and supply chains dependent on wood-derived products. The company is committed to sustainable forestry practices, which not only ensures a renewable supply of timber but also supports environmental conservation. This sustainable approach helps balance economic growth with ecological responsibility, addressing both market and environmental needs. In financial markets, Rayonier is significant as it provides investors with exposure to the timber industry, combining the benefits of a stable real estate asset with potential returns from timber sales and land management. With its strategic holdings and emphasis on environmental stewardship, Rayonier Inc. stands out as a key player in the natural resources sector.

Dividend Overview

Dividend Yield

10.49%

Annual Dividend

$2.19

Frequency

Quarterly

Payout Ratio

234.24%

FCF Payout Ratio

129.81%

52-Week Range

$19.49 - $27.34

Dividend History (2016–2025)

RYN annual dividend per share and yield history

Earnings & Profitability

RYN earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 16, 2026

Next Payment Date

June 30, 2026

Dividend Growth

3-Year Dividend CAGR

30.35%

5-Year Dividend CAGR

18.20%

10-Year Dividend CAGR

9.56%

3-Year Total Growth

121.47%

5-Year Total Growth

130.69%

10-Year Total Growth

149.15%

Income Calculator

RYN Dividend Calculator

Total Investment

$2,188.00

Annual Income

$219.30

Quarterly Income

$54.83

Monthly Income

$18.28

Frequently Asked Questions

What is RYN's current dividend yield?
Rayonier Inc. (RYN) currently has a dividend yield of 10.49%, based on a stock price of $21.88 and an annual dividend of $2.19.
When is RYN's next dividend payment date?
RYN's next ex-dividend date is 2026-06-16 and the next payment date is 2026-06-30. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does RYN pay in dividends per year?
Rayonier Inc. paid $2.49 per share in annual dividends in 2025. The dividends are paid quarterly.
Has RYN been increasing its dividend?
Rayonier Inc. has grown its dividend at a 5-year CAGR of 18.20% and a 10-year CAGR of 9.56%.
Is RYN's dividend safe?
Rayonier Inc. has a payout ratio of 234.24%. Its free cash flow payout ratio is 129.81%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is RYN's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Rayonier Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for real estate companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.