Plum Creek Timber Stock To Go Ex-dividend Tomorrow (PCL)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Plum Creek Timber (NYSE: PCL) is tomorrow, May 15, 2013. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $52.50 as of 9:30 a.m. ET, the dividend yield is 3.4%.

The average volume for Plum Creek Timber has been 764,000 shares per day over the past 30 days. Plum Creek Timber has a market cap of $8.5 billion and is part of the financial sector and real estate industry. Shares are up 18.3% year to date as of the close of trading on Monday.

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 36.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Plum Creek Timber as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Plum Creek Timber Ratings Report.

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