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

St. Joe Company (The) (NYSE:JOE) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Friday, August 21st will be given a dividend of 0.16 per share by the financial services provider on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, August 21st.

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

St. Joe Stock Performance

Shares of NYSE:JOE 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. St. Joe has a fifty-two week low of $46.37 and a fifty-two week high of $73.54. The firm’s 50 day simple moving average is $63.19 and its 200 day simple moving average is $65.70. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 32.00 and a beta of 1.29.

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

About St. Joe

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.