- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for Potlatch Corp (Nasdaq: PCH) is tomorrow, December 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $30.09 as of 9:30 a.m. ET, the dividend yield is 4.1%. The average volume for Potlatch has been 341,300 shares per day over the past 30 days. Potlatch has a market cap of $1.21 billion and is part of the financial sector and real estate industry. Shares are down 5.6% 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 24, above the average real estate industry P/E ratio of 23.9 and above the S&P 500 P/E ratio of 17.7.