St. Joe Company (The) (JOE) to Issue Quarterly Dividend of $0.16 on June 25th

St. Joe Company (The) (NYSE:JOE) declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Tuesday, June 9th will be paid a dividend of 0.16 per share by the financial services provider on Thursday, June 25th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, June 9th.

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

St. Joe Stock Down 6.3%

JOE stock opened at $64.65 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.68 and a quick ratio of 2.68. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 33.32 and a beta of 1.39. The business’s fifty day moving average price is $67.85 and its two-hundred day moving average price is $63.07. St. Joe has a fifty-two week low of $41.92 and a fifty-two week high of $73.54.

St. Joe (NYSE:JOE) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $0.24 earnings per share for the quarter. The company had revenue of $99.04 million during the quarter. St. Joe had a return on equity of 14.63% and a net margin of 21.61%.

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.