The St. Joe Company (NYSE:JOE) to Issue $0.14 Quarterly Dividend

The St. Joe Company (NYSE:JOE) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Shareholders of record on Monday, March 10th will be paid a dividend of 0.14 per share by the financial services provider on Thursday, March 27th. This represents a $0.56 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date is Monday, March 10th.

St. Joe has raised its dividend payment by an average of 17.6% annually over the last three years.

St. Joe Price Performance

Shares of St. Joe stock traded up $1.39 during trading on Thursday, reaching $47.83. The company’s stock had a trading volume of 310,198 shares, compared to its average volume of 227,463. The business has a 50 day moving average price of $46.56 and a 200-day moving average price of $52.06. The company has a market capitalization of $2.79 billion, a P/E ratio of 40.54 and a beta of 1.28. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.85. St. Joe has a 12-month low of $42.94 and a 12-month high of $64.69.

St. Joe (NYSE:JOE) last announced its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $0.32 EPS for the quarter. St. Joe had a net margin of 17.76% and a return on equity of 9.58%. The firm had revenue of $104.30 million during the quarter.

St. Joe Company Profile

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida. It operates through three segments: Residential, Hospitality, and Commercial. The Residential segment engages in the development of communities into homesites for sale to homebuilders and on a limited basis to retail customers.