St. Joe Company (The) (NYSE:JOE) Declares $0.16 Quarterly Dividend

St. Joe Company (The) (NYSE:JOEGet Free Report) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Friday, August 21st will be paid a dividend of 0.16 per share by the financial services provider on Friday, September 18th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st.

St. Joe has raised its dividend by an average of 0.5%annually over the last three years and has raised its dividend every year for the last 3 years.

St. Joe Trading Down 0.3%

Shares of St. Joe stock opened at $62.08 on Thursday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.36 and a quick ratio of 2.36. The stock’s 50 day simple moving average is $63.19 and its 200-day simple moving average is $65.70. The stock has a market cap of $3.56 billion, a P/E ratio of 32.00 and a beta of 1.29. St. Joe has a 1-year low of $46.37 and a 1-year high of $73.54.

St. Joe (NYSE:JOEGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $0.71 earnings per share for the quarter. St. Joe had a return on equity of 14.59% and a net margin of 21.61%.The company had revenue of $158.86 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded St. Joe from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Read Our Latest Report on St. Joe

About St. Joe

(Get Free Report)

The St. Joe Company (NYSE: JOE) is a leading real estate development and asset management firm focused on Northwest Florida. Headquartered in Jacksonville, the company owns and manages approximately 171,000 acres of land across Bay, Gulf, Franklin and Walton counties. St. Joe’s core businesses include residential community development, commercial real estate, and hospitality, with an emphasis on master-planned neighborhoods, office and retail campuses, resort hotels and mixed-use town centers.

Founded in 1936 as a paper manufacturing company, St.

See Also

Dividend History for St. Joe (NYSE:JOE)

Receive News & Ratings for St. Joe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for St. Joe and related companies with MarketBeat.com's FREE daily email newsletter.