NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $23.32 as of 9:32 a.m. ET, the dividend yield is 2.5%.
The average volume for Weyerhaeuser has been 6.5 million shares per day over the past 30 days. Weyerhaeuser has a market cap of $12.9 billion and is part of the
industry. Shares are up 24.5% year to date as of the close of trading on Wednesday.
Weyerhaeuser Company grows and harvests trees, builds homes, and manufactures forest products worldwide. The company manages approximately 6.6 million acres of private commercial forestland; and has renewable long-term licenses on 15.2 million acres of forestland. The company has a P/E ratio of six, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 22.7.
TheStreet Ratings rates Weyerhaeuser as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full