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

The St. Joe Company (NYSE:JOE) declared a quarterly dividend on Wednesday, October 23rd, NASDAQ reports. Stockholders 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 annualized dividend 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 every year for the last 3 years.

St. Joe Stock Performance

Shares of St. Joe stock traded down $3.45 on Thursday, reaching $53.36. 552,095 shares of the company were exchanged, compared to its average volume of 175,058. The company’s 50-day moving average is $58.65 and its two-hundred day moving average is $57.54. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 43.61 and a beta of 1.26. St. Joe has a 1-year low of $45.93 and a 1-year high of $64.69.

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

Insider Activity at St. Joe

In other St. Joe news, Director Bruce R. Berkowitz sold 97,200 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the director now owns 17,878,924 shares of the company’s stock, valued at approximately $1,078,814,274.16. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other St. Joe news, Director Bruce R. Berkowitz sold 54,100 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $60.39, for a total transaction of $3,267,099.00. Following the completion of the sale, the director now owns 17,976,124 shares in the company, valued at approximately $1,085,578,128.36. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Bruce R. Berkowitz sold 97,200 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $60.34, for a total transaction of $5,865,048.00. Following the sale, the director now directly 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 285,000 shares of company stock worth $17,558,573. 38.80% of the stock is owned by corporate insiders.

St. Joe Company Profile

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.