St. Joe Company (The) (NYSE:JOE) to Issue Quarterly Dividend of $0.16

St. Joe Company (The) (NYSE:JOE) declared a quarterly dividend on Wednesday, July 29th. Stockholders 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) 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 payment 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 Stock Down 0.3%

Shares of NYSE JOE opened at $62.08 on Thursday. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average price of $63.19 and a 200 day moving average price of $65.70. St. Joe has a 52 week low of $46.37 and a 52 week high of $73.54. The stock 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 released its quarterly earnings data 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 during the quarter. St. Joe had a return on equity of 14.59% 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.