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Stock Market & Financial Investment News

News Breaks
May 12, 2014
08:31 EDTRYN, POPERayonier names David Nunes post-separation CEO for Rayonier
Rayonier (RYN) announced the appointment of David L. Nunes as COO. Upon Rayonier’s previously announced mid-year separation, Nunes will assume the role of President and CEO of Rayonier and Paul Boynton, Rayonier’s current Chairman, President and CEO, will become Chairman, President and CEO of Rayonier Advanced Materials. Nunes will join Rayonier Inc. on June 9 as COO and will play a key role in finalizing the separation of the company. Upon completion of the separation, he will assume responsibility for the leadership of Rayonier Inc. As previously announced, Rayonier’s Performance Fibers division will become Rayonier Advanced Materials; an independent company initially focused on the production of high-purity cellulose specialty products. He joins Rayonier Inc. from Pope Resources (POPE), where he has served as president and CEO since 2002.
News For RYN;POPE From The Last 14 Days
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July 21, 2014
08:43 EDTRYNRayonier declares special cash dividend of 50c per share
Rayonier's (RYN) board of directors has declared a third quarter cash dividend of 30c per common share. The dividend is payable on September 30 to shareholders of record on September 16. In addition to the regular third quarter cash dividend, the company’s board has declared a special cash dividend of 50c per common share payable on August 15 to shareholders of record on July 31. The special dividend will be paid from proceeds received from Rayonier Advanced Materials (RYAM) in connection with its spin-off from Rayonier on June 27.

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