Rayonier Inc.

Company overview

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, 2020, Rayonier owned or leased under long-term agreements approximately 2.7 million acres of timberlands situated in the U.S. South (1.73 million acres), the U.S. Pacific Northwest (507,000 acres), and New Zealand (417,000 acres). The company also serves as the managing member in a private equity timber fund business encompassing three funds that comprise approximately 141,000 acres. On a look-through basis, the company's ownership in the timber fund business equates to approximately 17,000 acres.

Sector

Real Estate

Industry

REIT - Specialty

Exchange

NYSE

Market cap

$6.1B

Employees

424

Headquarters

Yulee, FL

Website

rayonier.com

CEO

Mark D. McHugh

Listed

February 17, 1994

P/E

6.71

Dividend yield

12.24%