St. Joe dividend – St. Joe Company to Issue $0.10 Dividend on June 15th

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Founded in Florida, it is one of the largest landowners in the state and has become increasingly popular with investors over the last several years. This June, the St. Joe ($NYSE:JOE) Company has announced that it will be issuing a dividend of $0.10 per share to its shareholders on June 15th. This dividend is expected to be welcomed news to investors and shareholders, as it shows that the company is continuing to remain profitable and is rewarding its shareholders for their loyalty. This dividend payment is in addition to the company’s current dividend payments and is expected to provide a significant boost to investors.

Dividends – St. Joe dividend

This results in a dividend yield of 0.9%, 0.89%, and 0.67% for the respective years with an average yield of 0.82%. Dividend payments will be paid to shareholders of record as of the close of business on June 1st.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for St. Joe. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for St. Joe. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for St. Joe. More…

Key Ratios Snapshot

Some of the financial key ratios for St. Joe are shown below. More…

Share Price

On Monday, the stock opened at $41.1 and closed at $40.8, resulting in a 0.8% drop from its previous closing price of 41.1. Investors are advised to consider the dividend announcement in their future plans for investing in the St. Joe Company. Live Quote…

Analysis – St. Joe Stock Intrinsic Value

At GoodWhale, we have taken the time to analyze the fundamentals of ST. JOE and come to the conclusion that its intrinsic value is around $45.6. Our proprietary Valuation Line is the basis for this calculation. JOE shares are being traded at $40.8, making it a good investment opportunity as it is undervalued by 10.5%. We believe that investors should take advantage of this favorable outlook and purchase shares at the current price. More…

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 Co. has recently declared a dividend of $0.10 per share for its investors on June 15th. This is good news for shareholders, as dividends provide a return on investment by distributing a portion of company profits directly to shareholders. The dividend payment can also be a sign of financial strength, as it suggests the company is generating enough cash to distribute profits to shareholders.

Investors should conduct their own research to assess St. Joe’s financial performance and determine whether investing in the company is a good fit for their portfolio. They should consider factors such as past and projected earnings growth, debt levels, and dividend yield to determine the company’s safety and potential for capital appreciation.