Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Rayonier (RYN) — Dividend Profile
Real Estate·Real Estate Investment Trusts
11y payment streakActiveQuarterly
Forward Yield
5.25%
@ $19.82
TTM Yield
5.57%
Forward Annual
$1.04
Quarterly
Market Cap
$6.1b
Payout (FCF)
167%
0.6x covered
Payout (Earnings)
62%
Latest Amount
$0.2600
Ex 2026-03-17
3y CAGR
-34.9%
5y CAGR
-26.2%
10y CAGR
-10.1%
Next Ex-Date
Last recorded cut on or near 2026-03-17.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Green1 of 6 red flags · 1 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Grey (2.21)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Moderate (14.4%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
5/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Danger
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
0.60×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
⚠ Fired
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: -7.7%
✓ OK
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (40)
Ex-DateAmountFrequencyPay DateType
2026-03-17$0.2600Quarterly2026-03-31recurring
2025-12-10$0.2725Quarterly2025-12-31recurring
2025-10-24$0.35002025-12-12special
2025-09-16$0.2725Quarterly2025-09-30recurring
2025-06-16$0.2725Quarterly2025-06-30recurring
2025-03-17$0.2725Quarterly2025-03-31recurring
2024-12-17$0.2850Quarterly2024-12-31recurring
2024-12-12$0.45002025-01-30special
2024-09-16$0.2850Quarterly2024-09-30recurring
2024-06-14$0.2850Quarterly2024-06-28recurring
2024-03-13$0.2850Quarterly2024-03-28recurring
2023-12-28$0.20002024-01-12special
2023-09-14$0.2850Quarterly2023-09-29recurring
2023-06-15$0.2850Quarterly2023-06-30recurring
2023-03-16$0.2850Quarterly2023-03-31recurring
2022-09-15$0.2850Quarterly2022-09-30recurring
2022-06-15$0.2850Quarterly2022-06-30recurring
2022-03-16$0.2700Quarterly2022-03-31recurring
2021-12-16$0.2700Quarterly2021-12-31recurring
2021-09-15$0.2700Quarterly2021-09-30recurring
2021-06-15$0.2700Quarterly2021-06-30recurring
2021-03-16$0.2700Quarterly2021-03-31recurring
2020-12-16$0.2700Quarterly2020-12-31recurring
2020-09-15$0.2700Quarterly2020-09-30recurring
2020-06-15$0.2700Quarterly2020-06-30recurring
2020-03-16$0.2700Quarterly2020-03-31recurring
2019-12-16$0.2700Quarterly2019-12-31recurring
2019-09-12$0.2700Quarterly2019-09-27recurring
2019-06-13$0.2700Quarterly2019-06-28recurring
2019-03-14$0.2700Quarterly2019-03-29recurring
2018-12-14$0.2700Quarterly2018-12-31recurring
2018-09-13$0.2700Quarterly2018-09-28recurring
2018-06-14$0.2700Quarterly2018-06-29recurring
2018-03-15$0.2500Quarterly2018-03-29recurring
2017-12-14$0.2500Quarterly2017-12-29recurring
2017-06-14$0.2500Quarterly2017-06-30recurring
2017-03-15$0.2500Quarterly2017-03-31recurring
2016-12-14$0.2500Quarterly2016-12-30recurring
2016-09-14$0.2500Quarterly2016-09-30recurring
2016-06-14$0.2500Quarterly2016-06-30recurring