Rayonier (NYSE:RYN) today announced the tax reporting information for its 2011 cash distributions (dividends) on its Common Stock.
The dividends, totaling $1.52 per share, adjusted for the 3 for 2 stock split distributed on August 24, 2011, were paid quarterly as follows: $0.36 on March 31, 2011; $0.36 on June 30, 2011; $0.40 on Sept. 30, 2011; and $0.40 on Dec. 31, 2011, and are classified for income tax purposes as $1.52 (100%) Capital Gain Distribution, taxed at a maximum rate of 15 percent.
The following table summarizes the income tax treatment of the company's 2011 dividends. All numbers in the table are reported on a post-split basis and reflect an 11 percent increase effective in the third quarter.
2011 Dividend Tax Reporting Information (Form 1099-DIV)Rayonier Inc. Common Stock: RYN CUSIP 754907103
|Record Date||Payable Date||Cash Distribution Per Share||Capital Gain|
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