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NEW YORK ( TheStreet) -- The ex-dividend date for Potlatch Corp (Nasdaq: PCH) is tomorrow, September 15, 2011. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $31.27 as of 9:30 a.m. ET, the dividend yield is 6.7%. The average volume for Potlatch has been 274,600 shares per day over the past 30 days. Potlatch has a market cap of $1.2 billion and is part of the financial sector and real estate industry. Shares are down 6.4% year to date as of the close of trading on Tuesday. 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 28, below the average real estate industry P/E ratio of 28.2 and above the S&P 500 P/E ratio of 17.7.