Why These 10 Dividend Stocks Are Declining?

6. Rayonier Inc. (NYSE:RYN)

Annual dividend yield: 4.32%

Ex-Dividend Date: March 17, 2025

Number of Hedge Funds: 20 (2024 Q3)

Quarterly dividend amount: $1.09

Rayonier Inc. (NYSE:RYN) declined by almost 13% in 1 month. The stock price increased by 5.6% after the results were announced, but all the post-results earnings were wiped out in the consequent trading sessions. The 5.6% surge is the result of an impressive EPS of $0.27, which is $0.08 higher than the analyst estimate of $0.19.

The recent decline in share prices is due to a multitude of factors, including a 3% decline in Southern Timber harvest volumes and a 15% drop in Southern Timber stumpage prices. The declining interest in the real estate market is also seen as a major contributor to the negative investor sentiment in the recent trading days. Furthermore, RBC lowering the Rayonier Inc. (NYSE:RYN) price target to $30 from $33 has also caused the prices to decline.

Despite the momentary negativity, Rayonier Inc. (NYSE:RYN) is regarded as a dependable stock that has a unique portfolio of real estate and timber assets, providing long-term value through sustainable land management and strategic dispositions.