Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK (

TheStreet

) -- The ex-dividend date for

Weyerhaeuser

(NYSE:

WY

) is tomorrow, August 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 $24.64 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Weyerhaeuser has been 4.6 million shares per day over the past 30 days. Weyerhaeuser has a market cap of $12.65 billion and is part of the

financial

sector and

real estate

industry. Shares are up 30.5% year to date as of the close of trading on Friday.

Weyerhaeuser Company, a forest products 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 has a P/E ratio of 41, above the average real estate industry P/E ratio of 36.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Weyerhaeuser as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat 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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