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NEW YORK ( TheStreet) -- The ex-dividend date for Potlatch Corp (Nasdaq: PCH) is tomorrow, June 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $36.42 as of 9:32 a.m. ET, the dividend yield is 5.7%. The average volume for Potlatch has been 226,300 shares per day over the past 30 days. Potlatch has a market cap of $1.4 billion and is part of the financial sector and real estate industry. Shares are up 10.4% year to date as of the close of trading on Friday. 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 31, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.