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Stock Market & Financial Investment News

News Breaks
January 24, 2013
08:11 EDTRYNRayonier sees FY13 operating income, EPS slightly above 2012
The company says "Overall, excluding the impact of the sale of our Wood Products business, we expect operating income and EPS will be slightly above 2012, and that CAD will increase by 5 to 10 percent. A primary focus for 2013 will be successful completion of the CSE project which, along with closing the sale of our Wood Products business, will achieve our manufacturing strategy of exiting commodity markets and focusing operations on cellulose specialties."
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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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