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

The St. Joe Company (NYSE:JOE) announced a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Investors 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 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Monday, March 10th.

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

St. Joe Price Performance

Shares of JOE traded up $1.39 during mid-day trading on Thursday, reaching $47.83. The stock had a trading volume of 310,198 shares, compared to its average volume of 227,462. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 40.54 and a beta of 1.28. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.34 and a current ratio of 1.34. The business has a fifty day moving average of $46.56 and a 200 day moving average of $52.06. St. Joe has a 12 month low of $42.94 and a 12 month high of $64.69.

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

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.