Jan 14, 2008. /Lesprom Network/. Rayonier announced tax reporting information for its 2007 cash dividends which consisted of $1.94 per share. The dividends were paid quarterly as follows: $0.47 on March 30, 2007; $0.47 on June 29, 2007; $0.50 on September 28, 2007; and $0.50 on December 31, 2007. For 2007, the company said that 100 percent of the dividends are classified as Capital Gain Distribution, taxed at a maximum rate of 15 percent. Shareholders are encouraged to consult with their tax advisers as to their specific tax treatment of Rayonier dividends. Taxability of the company's 2007 common stock dividends should not be presumed to be indicative or predictive of the taxability of future company dividends. Rayonier is a leading international forest products company with three core businesses: Timber, Real Estate and Performance Fibers.