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NEW YORK ( TheStreet) -- The ex-dividend date for Potlatch (Nasdaq: PCH) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $30.66 as of 9:30 a.m. ET, the dividend yield is 4%. The average volume for Potlatch has been 286,900 shares per day over the past 30 days. Potlatch has a market cap of $1.35 billion and is part of the financial sector and real estate industry. Shares are down 0.7% 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 30.9, above the average real estate industry P/E ratio of 26.6 and above the S&P 500 P/E ratio of 17.7.