St. Joe dividend – St. Joe Announces Quarterly Dividend

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St. Joe Intrinsic Value – St. Joe ($NYSE:JOE) is a publicly traded company that owns and operates real estate in Northwest Florida. The company’s stock trades on the New York Stock Exchange under the ticker symbol “JOE.” The company has announced that it will be paying a quarterly dividend of $0.10 per share, which is in line with its previous payouts.

The dividend is payable on December 9 to shareholders of record November 10, with an ex-dividend date of November. This dividend represents a return of capital to shareholders and is an indication of the company’s confidence in its future prospects.

Dividends – St. Joe dividend

The company has now increased its quarterly dividend for five consecutive years. St. Joe‘s dividend yield for fiscal years 2020, 2021 and 2022 is estimated to be 0.28%, 0.67% and 0.75%, respectively. The company’s three-year average dividend yield is 0.57%.

Share Price

On Wednesday, ST. The stock opened at $36.4 and closed at $35.7, down by 0.5% from the prior closing price of $35.9. JOE is a publicly traded real estate investment and development company.

VI Analysis – St. Joe Intrinsic Value Calculator

The VI app makes it easy to analyze a company’s fundamentals and understand its long-term potential. The intrinsic value of ST. JOE shares is around $49.4, calculated by the VI Line. The stock is currently traded at $35.7, which represents a 28% discount to its intrinsic value.

VI Peers

As of February 2021, it ranked #426 on the Fortune 500 list of the largest United States corporations by total revenue. The company’s main competitors are Rockwell Land Corp, Bresler & Reiner Inc, and Cebu Landmasters Inc.

– Rockwell Land Corp ($PSE:ROCK)

Rockwell Land Corp is a real estate company that develops, manages, and markets properties in the Philippines. As of 2022, the company had a market capitalization of 7.95 billion US dollars and a return on equity of 10.07%. The company was founded in 1976 and is headquartered in Makati, Philippines. Rockwell Land Corp is one of the largest real estate developers in the Philippines and is known for developing luxury residential and commercial properties.

– Bresler & Reiner Inc ($OTCPK:BRER)

Bresler & Reiner Inc is a company that provides services to the oil and gas industry. It has a market cap of 3.83 million as of 2022 and a return on equity of -3.56%. The company has been in business for over 50 years and has a strong reputation in the industry. It is headquartered in Houston, Texas.

– Cebu Landmasters Inc ($PSE:CLI)

Cebu Landmasters Inc is a publicly-listed company in the Philippines with a market capitalization of PHP 9.25 billion as of March 31, 2022. The company is engaged in the business of real estate development, marketing, and selling of horizontal and vertical residential, office, retail, and industrial projects. As of December 31, 2020, Cebu Landmasters Inc had total assets of PHP 50.6 billion and total equity of PHP 30.4 billion. The company’s ROE for 2020 was 22.0%.

Summary

ST. JOE is a publicly traded real estate development and management company. JOE has a history of paying dividends to shareholders. JOE is a diversified real estate company, with operations in several different sectors including residential, commercial, hospitality, and recreation. The company has a strong presence in Florida, with significant operations in other southeastern states as well.

Investors interested in ST. JOE may want to consider the company as a long-term investment. The company has a strong track record of dividend payments, and its diversified portfolio of real estate assets provides some degree of protection against economic downturns.