JACKSONVILLE, Fla., Feb 04, 2010 (BUSINESS WIRE) -- Rayonier (NYSE:RYN) today announced that Standard & Poor's (S&P's) debt
rating service affirmed the company's 'BBB' corporate credit rating and
revised its outlook to positive from stable.
The S&P Research Update, dated Feb. 3, cited Rayonier's attractive
business mix as enabling the company to continue to generate relatively
stable earnings and cash flow, even during a severe housing downturn.
Th...
JACKSONVILLE, Fla., Jan 26, 2010 (BUSINESS WIRE) -- Rayonier (NYSE:RYN) today reported fourth quarter 2009 net income of $98 million, or $1.21 per share. For the full year, net income totaled $313 million, or $3.91 per share.
These results include a special item for earnings related to the alternative fuel mixture credit ("AFMC") of $64 million, or 79 cents per share, for the fourth quarter and $193 million, or $2.41 per share, for the full year. Excluding the AFMC, fourth quarter earnings wer...
JACKSONVILLE, Fla., Jan 15, 2010 (BUSINESS WIRE) -- Rayonier (NYSE:RYN) today announced the tax reporting information for
its 2009 cash distributions (dividend) on its Common Stock.
The dividend, consisting of $2.00 per share, was paid quarterly as
follows: $0.50 on March 31, 2009; $0.50 on June 30, 2009; $0.50 on Sept.
30, 2009; and $0.50 on Dec. 31, 2009, is classified for income tax
purposes as follows: $1.547599 (77.3799%) Capital Gain Distribution,
t...
JACKSONVILLE, Fla, Jan 14, 2010 (BUSINESS WIRE) -- Rayonier Inc. (NYSE:RYN) plans to release its fourth quarter 2009 earnings on Tuesday, Jan. 26, 2010, before the market opens.
Rayonier will host a conference call and live webcast with the investment community at 2:00 p.m. EST the same day to discuss these results. Investors may listen to the conference call by dialing 888-790-3052, passcode: Rayonier. It is suggested that you call 10-15 minutes prior to the start of the teleconference.
Sup...
