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

The St. Joe Company (NYSE:JOE) declared a quarterly dividend on Wednesday, February 26th, 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 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Monday, March 10th.

St. Joe has increased its dividend payment by an average of 17.6% per year over the last three years.

St. Joe Price Performance

Shares of JOE opened at $47.83 on Friday. The firm’s 50-day simple moving average is $46.64 and its two-hundred day simple moving average is $52.03. St. Joe has a fifty-two week low of $42.94 and a fifty-two week high of $64.69. The stock has a market cap of $2.79 billion, a PE 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.

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

About St. Joe

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.