Rayonier Announces Tax Treatment of 2016 Dividends
January 20 2017 - 4:00PM
Business Wire
Rayonier (NYSE:RYN) announced today the tax treatment of the
company’s 2016 dividend distribution on its Common Stock CUSIP
754907103.
The dividends, totaling $1.00 per share, were paid quarterly as
follows: $0.25 on March 31, 2016; $0.25 on June 30, 2016; $0.25 on
September 30, 2016; and $0.25 on December 30, 2016. The $1.00 per
share dividend is classified for income tax purposes as 100%
Capital Gain Distribution and 0% Nondividend Distribution. The
following table summarizes the income tax treatment of the
company’s 2016 dividends.
2016 Dividend Tax Reporting Information (Form
1099-DIV)
Record Date Payable Date
Cash Distribution
Capital Gain Nondividend
per Share
Distribution(1)
Distribution(2)
03/17/2016 03/31/2016 $0.25 $0.25 $0.00
06/16/2016 06/30/2016 $0.25 $0.25 $0.00
09/16/2016 09/30/2016 $0.25 $0.25 $0.00
12/16/2016 12/30/2016
$0.25
$0.25 $0.00
Totals: $1.00
$1.00 $0.00
The company has apportioned to its common shareholders of 2016
an alternative minimum tax (AMT) adjustment. Information related to
the AMT adjustment is made available on the company’s website at
www.rayonier.com.
Tax treatment of the company’s 2016 common stock dividends
should not be presumed to be indicative or predictive of the tax
treatment of future company dividends.
Shareholders are encouraged to consult with their tax advisers
as to their specific tax treatment of Rayonier dividends.
(1) Form 1099-DIV box 2a
(2) Form 1099-DIV box 3
For further information, visit the company’s website at
www.rayonier.com.
About Rayonier
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
September 30, 2016, Rayonier owned, leased or managed approximately
2.7 million acres of timberlands located in the U.S. South (1.9
million acres), U.S. Pacific Northwest (379,000 acres) and New
Zealand (436,000 acres). More information is available at
www.rayonier.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170120005584/en/
RayonierInvestorsMark McHugh, 904-357-3757orMediaRoseann
Wentworth, 904-357-9185roseann.wentworth@rayonier.com
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