Oct 22, 2012. /Lesprom Network/. Rayonier’s Board of Directors has declared a 4Q cash dividend of 44 cents per common share. The dividend is payable on December 31, 2012 to shareholders of record on December, 17, 2012, as the company said in the press release received by Lesprom Network. Rayonier is a leading international forest products company with three core businesses: Forest Resources, Real Estate and Performance Fibers. The company owns, leases or manages 2.7 million acres of timber and land in the United States and New Zealand.