NEW YORK (

TheStreet

) -- The ex-dividend date for

Plum Creek Timber

(NYSE:

PCL

) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $39.54 as of 9:30 a.m. ET, the dividend yield is 4.3%.

The average volume for Plum Creek Timber has been 1.2 million shares per day over the past 30 days. Plum Creek Timber has a market cap of $6.41 billion and is part of the

financial

sector and

real estate

industry. Shares are up 8.5% year to date as of the close of trading on Monday.

Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. The company has a P/E ratio of 33.2, below the average real estate industry P/E ratio of 33.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Plum Creek Timber as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

Plum Creek Timber Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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