Why it’s on the map
PotlatchDeltic merged INTO Rayonier (PCH delisted Feb 2, 2026) — RYN now owns the Idaho/Arkansas/Minnesota sawmills. Lumber leverage inside a REIT at 52-wk lows.
Government money & contracts
None.
Customers & commercial
Lumber buyers; timber REIT.
Catalysts
Integration synergies; Citi PT $23.
Risk
Idaho mills compete head-on with BC; integration.
Tariff durability
AD/CVD + 232.
Dividend · #2 of 47 payers by yield
5.37% yield
$1.04 a share a year · quarterly · pays Mar · Jun · Sept · Dec
Per payment$0.26a share, 4× a year
Next payoutDec 31declared · $0.26 a share
Last ex-dateJun 16, 2026next ex-date Dec 17, 2026
Last paidSept 30, 2026$0.26 a share
Payout ratio232%of earnings · paying out more than it earns
Raised—streak not on record
Payout ratio above 100%: the dividend is bigger than trailing earnings, which is how cuts start.
Shares at the Oct 30 close of $19.3851.60
Each payment$13.42
Per year · 4 payments$53.66
Recent payments
| Ex-date | Paid | Per share | |
|---|---|---|---|
| Sept 16, 2026 | Sept 30, 2026 | $0.26 | |
| Jun 16, 2026 | Jun 30, 2026 | $0.26 | |
| Mar 17, 2026 | Mar 31, 2026 | $0.26 | |
| Dec 10, 2025 | Dec 31, 2025 | $0.2725 |
Yield = $0.26 × 4 ÷ the Oct 30 close of $19.38. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source