December 30, 2008 @ 8:01 pm | Buy, RYN |
Rayonier owns, controls or leases about 2.7 million acres of timberland. Some of those 2.7 million acres–what’s known as higher-and better-use land — are more valuable for development than as timberland. I’d estimate that about 400,000 acres...
November 9, 2007 @ 4:00 pm | Buy, RYN |
Two legs of Rayonier’s (RYN) business are taking a beating in the current collapse of the housing business but the third is delivering surprising growth. In the first quarter of 2009 timber sales were down by 27% from the first quarter of 2008 and real estate sales...
December 6, 2005 @ 11:34 am | Buy, RYN |
Rayonier (RYN) is more diversified than it looks, which protects the high dividend payout from this real estate investment trust (REIT) when times are tough. The company sells timber, a good business when construction is booming but not so good now. It also sells...