St. Joe Company Declares $0.16 Quarterly Dividend
The St. Joe Company declared a quarterly cash dividend of $0.16 per share on its common stock. The dividend is payable to shareholders of record as of March 9, 2026.
The St. Joe Company (NYSE: JOE), a Florida real estate development and asset management firm, declared a quarterly cash dividend of $0.16 per share on February 25, 2026. The dividend will be paid to shareholders of record at the close of business on March 9, 2026. Read more dividend announcements.
Payment will be made on March 26, 2026. The board approved the dividend alongside the company's fourth quarter and full year 2025 financial results.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.16 |
| Record Date | March 9, 2026 |
| Payment Date | March 26, 2026 |
Fourth Quarter Financial Performance
St. Joe reported net income of $29.9 million, or $0.52 per share, for the fourth quarter of 2025, up 58% from $18.9 million, or $0.32 per share, in the same period of 2024. Total quarterly revenue rose 24% to $128.9 million from $104.3 million.
Real estate revenue increased 47% to $68.2 million from $46.5 million in the prior-year quarter. The company sold 248 residential homesites, six townhomes, and one completed home during the quarter, compared to 331 residential homesites in the fourth quarter of 2024.
Hospitality revenue climbed 10% to a fourth quarter record of $46.5 million from $42.2 million. The company funded $18.5 million in capital expenditures, paid $9.2 million in cash dividends, and repurchased $15.1 million of its common stock during the quarter.
Full Year 2025 Results
For the full year 2025, net income increased 56% to $115.6 million, or $2.00 per share, from $74.2 million, or $1.27 per share, in 2024. Total revenue rose 27% to $513.2 million from $402.7 million.
Real estate revenue jumped 64% to $234.2 million. The company sold 911 residential homesites at an average base price of approximately $137,000 with a gross margin of 51%, compared to 912 homesites at an average of $108,000 and 47% margin in 2024. The company also sold 24 townhomes and one completed home.
Hospitality revenue increased 8% to a company record of $215.4 million, while leasing revenue rose 5% to a record $63.6 million. The company's unconsolidated joint ventures generated $25.6 million in equity income, up from $23.6 million in 2024.
EBITDA for 2025 increased 32% to $219.6 million from $166.7 million in 2024. During the year, St. Joe funded $108.1 million in capital expenditures, paid $33.6 million in cash dividends, and repurchased $40.0 million of its common stock.