NEW YORK ( TheStreet) -- The ex-dividend date for Potlatch Corp (Nasdaq: PCH) is tomorrow, March 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $38.56 as of 9:31 a.m. ET, the dividend yield is 5.3%.

The average volume for Potlatch has been 285,600 shares per day over the past 30 days. Potlatch has a market cap of $1.5 billion and is part of the financial sector and real estate industry. Shares are up 18% year to date as of the close of trading on Monday.

Potlatch Corporation operates as a real estate investment trust (REIT) that owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin in the United States. The company has a P/E ratio of 38.5, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 21.8.

TheStreet Ratings rates Potlatch as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and increase in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Potlatch Ratings Report.

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