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AI brief of an SEC Form 8-K · St. Joe (JOE)

St. Joe Q2 net income rises 104% to $34.7 million; dividend raised 20% to $0.12

Positive Impact 3 of 5 earnings Written later

St. Joe reported second-quarter 2023 revenue of $128.1 million, up 88% from a year earlier, and net income attributable to the company of $34.7 million, or $0.60 per share, up 104%. The board also declared a quarterly dividend of $0.12 per share, a 20% increase, payable September 8, 2023, to shareholders of record on August 11, 2023.

Key points

  • Revenue rose 88% to $128.1 million from $68.2 million in the second quarter of 2022.
  • Net income attributable to the company rose 104% to $34.7 million, or $0.60 per share, from $17.0 million, or $0.29 per share.
  • Real estate revenue rose 148% to $69.3 million; hospitality revenue rose 52% to $45.1 million.
  • Quarterly dividend of $0.12 per share, payable September 8, 2023, to holders of record on August 11, 2023.

The filing

CompanySt. Joe (JOE)
Form8-K, current report
Filed with the SECJul 26, 2023, 4:11 PM ET
Accession number0001157523-23-001159

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 26, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.