Summary: Rayonier is among the U.S. and New Zealand’s most prominent softwood timberland owners. Additionally, it is structured as a real estate investment trust (REIT), providing stakeholders 90% of its profits in dividends. This guide will explain how to buy Rayonier stock using a reputable online brokerage like eToro.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
About Rayonier
As of 2023, Rayonier owned or leased about 2.8 million acres of timberlands under long-term agreements. Its portfolio is comprised of land located in the U.S. South (1.90 million acres), U.S. Pacific Northwest (474,000 acres), and New Zealand (419,000 acres).
The company is based in Wildlight, Florida. Its stock is a core component of the S&P 400 index. Rayonier trades on the NYSE stock market under the symbol RYN.
How to buy Rayonier stock: step-by-step
Investors can purchase shares in Rayonier within a few minutes using a third-party investing platform. Do the following to invest in this timber REIT:
Step 1: Choose a broker
You have to gain access to the stock market using a third-party broker before you can buy Rayonier stock. The simplest method is a regulated online investing service.
To securely buy Rayonier stock, we recommend you consider eToro:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- Charting tools;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
If you want more timber investing options, go through the following guides:
For additional investment in REITs, consider the following guides:
- Top 5 Office REITs to Invest in;
- Top 5 High Dividend REITs to Invest in;
- Top 5 Data Center REITs to Invest in;
- Top 5 Appartment REITs to Invest in;
- Top 5 Data Center REITs to Invest in;
- Top Farmland REITs to Buy;
- Top 5 Industrial REITs to Invest in;
- Top 3 Self Storage REITs to Consider;
- Top 5 Hotel REITs to Consider;
- Top 5 Mortgage REITs to Invest in;
- Top 5 Cell Tower REITs to Invest in;
- Top 5 Net Lease REITs to Invest in.
Step 2: Open and fund your account
Once you decide on a platform, proceed to register and verify your account. The brokerage should email you the correct instructions shortly.
Next is to prepare to invest in Rayonier by transferring some funds into your new account. Available funding methods typically include bank transfers, debit or credit cards, and transaction services like PayPal.
Step 3: Decide how much you want to invest
Keeping within your budget is essential, as going beyond your capabilities can cause financial disaster and spiraling debt. To avoid this, make sure you have performed the following:
- Paid off all high-interest debt, such as credit cards and personal loans;
- Created an emergency fund that covers at least three months of daily life expenses.
Step 4: Place your order and buy Rayonier stock
The next step is to place an order and purchase the Rayonier shares:
- Step 1: Log into your brokerage and find Rayonier’s ticker symbol RYN;
- Step 2: Designate the sum or the number of shares you want to purchase;
- Step 3: Select the order type (market order or limit order) and place it;
- Step 4: Confirm the trade order.
Pros and cons of buying Rayonier stock
Pros
- Income generating: The legislature requires that Rayonier gives back at least 90% of its earnings to shareholders as dividends. This steady source of revenue can attract income-seeking investors;
- Diversification: Introducing Rayonier stock to your portfolio will diversify it, as timber REIT stock represents a different asset than traditional stocks and bonds. A diversified portfolio is more stable and allows better risk management;
- Inflation hedge: Timber is a commodity. Therefore, it is a physical asset, and the value of timberland tends to increase with inflation. Buying Rayonier stock can establish a hedge against inflation;
- ESG-friendly: Rayonier practices responsible forestry and promotes environmentally aware land management. Investors interested in environmentally friendly and socially responsible investments will find Rayonier stock attractive.
Cons
- Environmental risks: As timber REITs like Rayonier depend heavily on the health and growth of its natural resources, the company can be affected by natural disasters such as wildfires, pests, and diseases;
- Cyclical nature: The timber sector is cyclical, and the value of lumber fluctuates based on supply and demand dynamics. A downturn in construction activity and global economic conditions can reduce Rayonier’s profitability;
- Market risk: The value of timber depends on market conditions, economic cycles, and the real estate market. A falling timber price could reduce Rayonier’s performance.
- Housing market dependency: Rayonier’s financial health relies on the housing market’s performance. A decline in housing construction or a drop in housing prices can negatively impact the company’s revenue and profitability.
Common mistakes to avoid when buying Rayonier stock
Make sure to avoid these common investing mistakes:
- Lack of research: Research the trends in the price of the commodity, along with the timber sector, before investing;
- Lack of strategy: Set your goals before you spend any money;
- Staking everything on one asset: Always diversify your portfolio;
- Falling prey to scams: Avoid illegal platforms and suspicious deals;
- Fear of missing out: If the numbers do not add up, do not invest: it is better to miss out than lose money;
- Stop chasing yield: Going after suspiciously or unsustainably high yields can backfire. There is no such thing as a free lunch.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Rayonier stock
What are timber REITs?
Timber REITs like Rayonier manage land and property used in timber production, wood manufacturing facilities, and lumber mills. Alternatively, these REITs can also profit from conservation efforts or land conversion for housing.
What's Rayonier's stock symbol?
Rayonier is listed on the NYSE exchange under the ticker symbol RYN.
Why should I invest in Rayonier?
Rayonier is a timber REIT, allowing investors to tap into the timber market without the downsides of physically trading the commodity. Also, Rayonier offers dividend payments to investors, as 90% of its taxable income has to be redistributed back to shareholders.
How do I buy Rayonier stock?
Buying Rayonier stock is virtually the same as buying any other stock. Investors need to register an account with an investing service and purchase the shares, just like buying stock in regular companies.
Where can I buy Rayonier stock online?
You can buy Rayonier stock online from the market that lists it. You will have to use a brokerage platform like eToro.
Does Rayonier pay dividends?
Rayonier is a dividend-paying stock with an annual dividend yield of 3.65% as of January 2024.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
