St. Joe Company Announces 13% Increase in Quarterly Dividend

The St. Joe Company (JOE) has declared a quarterly dividend of $0.18 per share, representing a 12.5% increase from the previous payout of $0.16 per share. This adjustment brings the company's forward dividend yield to approximately 1.06%. The dividend is scheduled to be paid on December 11, with the ex-dividend date and the record date both set for November 12. The announcement comes amidst ongoing operational updates regarding the company's commercial property portfolio in northwest Florida.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

St. Joe Company Announces 13% Increase in Quarterly Dividend

Tickers: $JOE

Topics: dividend increase quarterly dividend real estate

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