Rayonier paid a total dividend of 124 million USD last year, for a market capitalization of 2,615 millions.
Dividend per share of Rayonier is 1.00 USD, and his stock market price 21.09 USD.
According to the chart, where dividend yield is displayed, Rayonier has a dividend yield of 4.74%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
About the ability of Rayonier to maintain his current dividend of USD 1.00 per share, an amount that accounts for 4.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rayonier payout on ernings is currently 125.00%, which is higher than the market average, and companies of Financials industry, which are 39.01% and 41.46% respectively. Both figures show that Rayonier can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Rayonier is USD 2.57 per share, which is higher than the dividend per share paid by the company of USD 1.00, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Rayonier, compared againt world market average, USA companies, Financials industry and Real Estate Investment Trusts sector companies. You might also need to check full financial report of Rayonier.
Raytheon. USA. Industrials.REA Group. Australia. Financials.Realtek Semiconducto. Taiwan. Technology.Realty Income. USA. Financials.Recall Holdings. Australia. Technology.Reckitt Benckiser Gr. UK. Consumer Goods.
Rational. Germany. Industrials.Ratchaburi Electrici. Thailand. Utilities.Range Resources. USA. Oil and Gas.Randstad Holdings. Netherlands. Industrials.Randgold Resources. UK. Basic Materials.Ramsay Health Care. Australia. Health Care.
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