Sun Communities, Inc. Announces Tax Treatment of 2021 Distributions
Sun Communities, Inc. (NYSE:SUI) announced the tax treatment of its 2021 common share distributions. The total capital gain distribution for 2021 was $3.280 per share, out of which $2.311487 was classified as ordinary taxable dividends. Shareholders received $0.790 per share on January 15, 2021, followed by distributions of $0.830 on April 15, July 15, and October 15, totaling $3.280. Investors are advised to consult tax advisors regarding the specific tax treatment for these distributions.
As of September 30, 2021, SUI owned or operated 584 properties with nearly 155,900 developed sites.
- Total capital gain distribution of $3.280 per share for 2021.
- Ordinary taxable dividends of $2.311487 per share indicate robust income for shareholders.
- None.
Southfield, MI, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced the tax treatment of its 2021 common share distributions.
Common Shares (CUSIP No. 866674104) - SUI
| Declared Date | Record Date | Payable Date | Distribution ($ per share) | Ordinary Taxable Dividend (2) ($ per share) | Qualified Taxable Dividend (2) ($ per share) | Non Dividend Distribution ($ per share) | Total Capital Gain Distribution ($ per share) | Unrecaptured Section 1250 Gain (1) ($ per share) | Section 199A Dividend (2) ($ per share) | |||||||
| 12/01/2020 | 12/31/2020 | 01/15/2021 | $ | 0.790000 | $ | 0.556730 | $ | 0.005595 | $ | 0.233270 | $ | 0.000000 | $ | 0.000000 | $ | 0.551135 |
| 03/05/2021 | 03/31/2021 | 04/15/2021 | $ | 0.830000 | $ | 0.584919 | $ | 0.005879 | $ | 0.245081 | $ | 0.000000 | $ | 0.000000 | $ | 0.579040 |
| 06/01/2021 | 06/30/2021 | 07/15/2021 | $ | 0.830000 | $ | 0.584919 | $ | 0.005879 | $ | 0.245081 | $ | 0.000000 | $ | 0.000000 | $ | 0.579040 |
| 09/01/2021 | 09/30/2021 | 10/15/2021 | $ | 0.830000 | $ | 0.584919 | $ | 0.005879 | $ | 0.245081 | $ | 0.000000 | $ | 0.000000 | $ | 0.579040 |
| $ | 3.280000 | $ | 2.311487 | $ | 0.023232 | $ | 0.968513 | $ | 0.000000 | $ | 0.000000 | $ | 2.288255 | |||
- To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.
- The Section 199A Dividend and Qualified Taxable Dividend are subsets of, and included in, the Ordinary Taxable Dividend.
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.
About Sun Communities, Inc.
Sun Communities, Inc. is a REIT that, as of September 30, 2021, owned, operated, or had an interest in a portfolio of 584 developed MH, RV and marina properties comprising nearly 155,900 developed sites and nearly 44,900 wet slips and dry storage spaces in 38 states, Canada and Puerto Rico.
FOR FURTHER INFORMATION AT THE COMPANY:
Karen J. Dearing
Chief Financial Officer
(248) 208-2500
www.suncommunities.com
FAQ
What is the 2021 tax treatment for Sun Communities (SUI) distributions?
When were Sun Communities' (SUI) common share distributions paid in 2021?
How much were the ordinary taxable dividends for SUI in 2021?
How many properties does Sun Communities (SUI) own as of September 2021?
