St. Joe Company (JOE) Declares $0.14 Quarterly Dividend; 1.3% Yield

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Go back to St. Joe Company (JOE) Declares $0.14 Quarterly Dividend; 1.3% Yield

The St. Joe Company Reports First Quarter 2025 Results and Declares a Quarterly Dividend of $0.14

April 23, 2025 4:35 PM EDT

Highlights for the first quarter of 2025 as compared to the first quarter of 2024:

Quarterly net income attributable to the Company increased by 26% to $17.5 million from $13.9 million. Quarterly revenue increased by 7% to $94.2 million from $87.8 million, the highest first quarter revenue outside of the one-off timberland sale in 2014. Real estate revenue increased by 12% to $38.3 million from $34.2 million. Homesite closings volume increased by 15% to 249 homesites from 216 homesites. Leasing revenue increased by 14% to a quarterly record of $16.3 million from $14.3 million. In the first quarter of 2025, the Company funded $32.7 million in capital expenditures, paid $8.2 million in... More