Timber REITs own the only asset class that manufactures itself: trees add 5-7% biological growth annually regardless of markets, land appreciates beneath them, and carbon, solar, and conservation markets now pay for acres that never see a saw. All three majors are graded below.
| # | REIT | Grade | Yield | Market Cap | Occupancy | Credit |
|---|---|---|---|---|---|---|
| 1 | Weyerhaeuser (WY) | B 72 | 3.58% | $16.9B | — | BBB |
| 2 | Rayonier (RYN) | C 68 | 11.59% | $6.4B | — | — |
Grades follow the published REIT Rankings methodology. Yields and market caps update automatically with market data.
How to Read This Ranking
Weyerhaeuser (72) is the scale leader: 10.5 million acres plus mills, running the honest base-plus-variable dividend design that pays what the cycle provides. Rayonier (68) is the pure-play, no mills, direct timber and land-value exposure, post its simplifying New Zealand exit. PotlatchDeltic (66) is the integrated housing torque: sawmills bolt maximum lumber-cycle beta onto the timber base. None are fixed-coupon investments; all are real-asset compounders with cyclical income, graded accordingly.