The St. Joe Company (JOE) To Go Ex-Dividend on November 7th

The St. Joe Company (NYSE:JOE) declared a quarterly dividend on Wednesday, October 23rd, NASDAQ reports. Shareholders of record on Thursday, November 7th will be paid a dividend of 0.14 per share by the financial services provider on Friday, December 6th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Thursday, November 7th.

St. Joe has raised its dividend payment by an average of 84.6% per year over the last three years and has raised its dividend annually for the last 3 consecutive years.

St. Joe Price Performance

Shares of St. Joe stock opened at $53.36 on Friday. The firm has a market cap of $3.12 billion, a PE ratio of 43.74 and a beta of 1.26. St. Joe has a twelve month low of $45.93 and a twelve month high of $64.69. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average price of $58.54 and a 200 day moving average price of $57.51.

St. Joe (NYSE:JOE) last issued its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.42 EPS for the quarter. The company had revenue of $111.60 million during the quarter. St. Joe had a net margin of 18.32% and a return on equity of 10.07%.

Insider Transactions at St. Joe

In related news, Director Bruce R. Berkowitz sold 97,200 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $60.34, for a total value of $5,865,048.00. Following the transaction, the director now directly owns 17,878,924 shares of the company’s stock, valued at approximately $1,078,814,274.16. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other St. Joe news, Director Bruce R. Berkowitz sold 97,200 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $60.34, for a total value of $5,865,048.00. Following the transaction, the director now owns 17,878,924 shares in the company, valued at approximately $1,078,814,274.16. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bruce R. Berkowitz sold 54,100 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $60.39, for a total transaction of $3,267,099.00. Following the transaction, the director now owns 17,976,124 shares in the company, valued at $1,085,578,128.36. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 231,000 shares of company stock valued at $14,115,533 over the last 90 days. Corporate insiders own 38.80% of the company’s stock.

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.