Weyerhaeuser Stock To Go Ex-dividend Tomorrow (WY)

NEW YORK ( TheStreet) -- The ex-dividend date for Weyerhaeuser (NYSE: WY) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $20 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Weyerhaeuser has been 4.2 million shares per day over the past 30 days. Weyerhaeuser has a market cap of $10.72 billion and is part of the financial sector and real estate industry. Shares are up 8.3% year to date as of the close of trading on Monday.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. The company has a P/E ratio of 40, above the average real estate industry P/E ratio of 39.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Weyerhaeuser as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Weyerhaeuser Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Stocks Waver Amid Progress on U.S.-China Trade; Dow Slips

Stocks Waver Amid Progress on U.S.-China Trade; Dow Slips

Jim Cramer: Schlumberger Predicted the Rise in Oil Prices

Jim Cramer: Schlumberger Predicted the Rise in Oil Prices

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on Zillow's New Business: Buying and Selling Homes

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking

Jim Cramer on the Markets: It's Natural to Have Some Profit Taking

Video: As Trade Worries Subside, Expect a 'Relief Rally' in Stocks

Video: As Trade Worries Subside, Expect a 'Relief Rally' in Stocks