The St. Joe Company (JOE) To Go Ex-Dividend on March 10th

The St. Joe Company (NYSE:JOE) declared a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Monday, March 10th will be paid a dividend of 0.14 per share by the financial services provider on Thursday, March 27th. This represents a $0.56 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Monday, March 10th.

St. Joe has raised its dividend payment by an average of 17.6% annually over the last three years.

St. Joe Trading Up 0.4 %

Shares of JOE stock opened at $47.20 on Friday. The firm has a market cap of $2.75 billion, a P/E ratio of 40.00 and a beta of 1.30. St. Joe has a 1-year low of $42.94 and a 1-year high of $64.69. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.34 and a quick ratio of 1.34. The firm’s 50-day simple moving average is $46.86 and its 200-day simple moving average is $51.67.

St. Joe (NYSE:JOE) last announced its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $0.32 earnings per share for the quarter. The business had revenue of $104.30 million for the quarter. St. Joe had a net margin of 17.76% and a return on equity of 9.58%.

Insider Activity at St. Joe

In other St. Joe news, major shareholder Bruce R. Berkowitz sold 95,700 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $47.11, for a total value of $4,508,427.00. Following the completion of the sale, the insider now owns 17,162,524 shares of the company’s stock, valued at $808,526,505.64. This trade represents a 0.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 38.80% of the stock is currently owned by 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.