St. Joe Company (JOE) Declares $0.08 Quarterly Dividend; 0.7% Yield
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The St. Joe Company Reports Second Quarter 2021 Results and Declares a Quarterly Dividend of $0.08
July 28, 2021 4:10 PM EDTPANAMA CITY BEACH, Fla.--(BUSINESS WIRE)-- The St. Joe Company (NYSE: JOE) (the Company) today announced revenue for the second quarter of 2021 increased by 100% to $72.2 million as compared to $36.1 million for the second quarter of 2020. The increase was broad-based with a 133% increase in real estate revenue, a 95% increase in hospitality revenue and a 31% increase in leasing revenue. Operating income increased by 177% to $30.7 million for the three months ended June 30, 2021 as compared to $11.1 million for the three months ended June 30, 2020. Net income increased by 26% to $24.2 million, or $0.41 per share, compared to net income of... More
