St. Joe Company (JOE) Declares $0.10 Quarterly Dividend; 1% Yield
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The St. Joe Company Reports First Quarter 2023 Results and Declares a Quarterly Dividend Of $0.10
April 26, 2023 4:15 PM EDTHighlights for the first quarter of 2023 compared to the first quarter of 2022:
Quarterly revenue increased by 12% to $73.0 million from $64.9 million. Hospitality revenue increased by 50%. Leasing revenue increased by 34%. Real estate revenue decreased by 5%. Homesite closings volume increased 81% to 327 homesites from 181 homesites. Latitude Margaritaville Watersound unconsolidated joint venture completed 149 home sales compared to 18 home sales. Net income attributable to the Company decreased to $10.4 million... More