NEW YORK (

TheStreet

) -- The ex-dividend date for

Weyerhaeuser

(NYSE:

WY

) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $20.94 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for Weyerhaeuser has been 5.6 million shares per day over the past 30 days. Weyerhaeuser has a market cap of $10.7 billion and is part of the

financial

sector and

real estate

industry. Shares are up 12.8% year to date as of the close of trading on Friday.

Weyerhaeuser Company, a forest product company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. The company manages 20.5 million acres of forests. The company has a P/E ratio of 35.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Weyerhaeuser as a

hold

. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full

Weyerhaeuser Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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