Plum Creek Timber Co Stock To Go Ex-dividend Tomorrow (PCL)
The ex-dividend date for Plum Creek Timber Co Inc (NYSE:PCL) is tomorrow, November 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $36.88 as of 9:51 a.m., the dividend yield is 4.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Plum Creek Timber Co Inc (NYSE: PCL) is tomorrow, November 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $36.88 as of 9:51 a.m. ET, the dividend yield is 4.5%. The average volume for Plum Creek Timber Co has been 1.9 million shares per day over the past 30 days. Plum Creek Timber Co has a market cap of $6 billion and is part of the financial sector and real estate industry. Shares are down 0.5% year to date as of the close of trading on Tuesday. Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. The company has a P/E ratio of 31.9, above the average real estate industry P/E ratio of 31.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Plum Creek Timber Co as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, notable return on equity, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Plum Creek Timber Co Ratings Report. See our dividend calendar or top-yielding stocks list.