Potlatch Stock To Go Ex-dividend Tomorrow (PCH)

NEW YORK ( TheStreet) -- The ex-dividend date for Potlatch (Nasdaq: PCH) is tomorrow, June 6, 2012. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $28.53 as of 9:30 a.m. ET, the dividend yield is 4.3%.

The average volume for Potlatch has been 183,400 shares per day over the past 30 days. Potlatch has a market cap of $1.15 billion and is part of the financial sector and real estate industry. Shares are down 8.5% 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 30.3, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Potlatch as a hold. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full Potlatch Ratings Report.

See our dividend calendar or top-yielding stocks list.
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