Sun Communities, Inc. Announces Tax Treatment of 2024 Distributions
Sun Communities (NYSE:SUI) has released the tax treatment details for its 2024 common share distributions. The company paid quarterly dividends totaling $3.75 per share throughout 2024, with individual payments of $0.93 in January and $0.94 in April, July, and October.
The distributions were categorized as follows: $1.976298 per share as Ordinary Taxable Dividend, $1.631226 per share as Total Capital Gain Distribution, $0.273236 per share as Unrecaptured Section 1250 Gain, and $0.142476 per share as Non-Dividend Distribution. No Qualified Taxable Dividends were declared.
Sun Communities (NYSE:SUI) ha pubblicato i dettagli sul trattamento fiscale per le distribuzioni di azioni ordinarie del 2024. L'azienda ha distribuito dividendi trimestrali per un totale di $3.75 per azione durante il 2024, con pagamenti individuali di $0.93 a gennaio e $0.94 ad aprile, luglio e ottobre.
Le distribuzioni sono state categorizzate come segue: $1.976298 per azione come Dividendo Ordinarie Tassabile, $1.631226 per azione come Distribuzione Totale di Capital Gain, $0.273236 per azione come Gu Gain di Sezione 1250 non recuperato, e $0.142476 per azione come Distribuzione Non Dividendo. Non sono stati dichiarati Dividendi Tassabili Qualificati.
Sun Communities (NYSE:SUI) ha publicado los detalles sobre el tratamiento fiscal para sus distribuciones de acciones comunes de 2024. La compañía pagó dividendos trimestrales que totalizan $3.75 por acción a lo largo de 2024, con pagos individuales de $0.93 en enero y $0.94 en abril, julio y octubre.
Las distribuciones se clasificaron de la siguiente manera: $1.976298 por acción como Dividendo Ordinario Sujeto a Impuestos, $1.631226 por acción como Distribución Total de Ganancias de Capital, $0.273236 por acción como Ganancia no Recuperada de la Sección 1250, y $0.142476 por acción como Distribución No Dividendo. No se declararon Dividendos Sujeto a Impuestos Calificados.
Sun Communities (NYSE:SUI)는 2024년 보통주 배당금에 대한 세금 처리를 발표했습니다. 이 회사는 2024년 동안 $3.75 per share의 분기 배당금을 지급했으며, 개인 지급액은 1월에 $0.93, 4월, 7월 및 10월에 $0.94입니다.
분배는 다음과 같이 분류되었습니다: $1.976298 per share는 일반 과세 배당금, $1.631226 per share은 총 자본 이득 분배, $0.273236 per share는 비회수 섹션 1250 이득, 그리고 $0.142476 per share는 비배당 분배로 분류되었습니다. 자격 있는 과세 배당금은 선언되지 않았습니다.
Sun Communities (NYSE:SUI) a publié les détails relatifs au traitement fiscal de ses distributions d'actions ordinaires pour 2024. L'entreprise a versé des dividendes trimestriels totalisant $3.75 par action tout au long de l'année 2024, avec des paiements individuels de $0.93 en janvier et de $0.94 en avril, juillet et octobre.
Les distributions ont été classées comme suit : $1.976298 par action en tant que Dividende Ordinaire Imposable, $1.631226 par action en tant que Distribution Totale de Gains en Capital, $0.273236 par action en tant que Gain Non Récupéré conformément à l'Article 1250, et $0.142476 par action en tant que Distribution Non-Dividende. Aucun Dividende Imposable Qualifié n'a été déclaré.
Sun Communities (NYSE:SUI) hat die Einzelheiten zur steuerlichen Behandlung seiner Ausschüttungen für 2024 veröffentlicht. Das Unternehmen zahlte im Jahr 2024 vierteljährliche Dividenden in Höhe von insgesamt $3.75 pro Aktie, mit einzelnen Zahlungen von $0.93 im Januar und $0.94 im April, Juli und Oktober.
Die Ausschüttungen wurden wie folgt kategorisiert: $1.976298 pro Aktie als Ordentliche, steuerpflichtige Dividende, $1.631226 pro Aktie als Gesamtkapitalgewinnverteilung, $0.273236 pro Aktie als nicht realisierte Gewinn nach Abschnitt 1250 und $0.142476 pro Aktie als Nicht-Dividenden-Verteilung. Es wurden keine qualifizierten steuerpflichtigen Dividenden erklärt.
- Maintained consistent quarterly dividend payments throughout 2024
- Slight dividend increase from $0.93 to $0.94 per share in Q2 2024
- Total annual distribution of $3.75 per share to shareholders
- None.
Insights
The 2024 tax treatment breakdown for Sun Communities' distributions reveals important implications for investors in different tax situations. The total distribution of
For tax-advantaged accounts (IRAs, 401(k)s), the composition is less relevant as distributions are typically taxed as ordinary income upon withdrawal. However, for taxable accounts, this breakdown is crucial. The significant capital gains portion, including
The absence of qualified dividends is typical for REITs, as they're generally not eligible for the preferential qualified dividend tax rates. However, the substantial Section 199A dividend component (
The quarterly distribution saw a modest increase from
Southfield, MI, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced the tax treatment of its 2024 common share distributions.
Common Shares (CUSIP No. 866674104) - SUI
| Declared Date | Record Date | Payable Date | Distribution ($ per share) | Ordinary Taxable Dividend (2) ($ per share) | Qualified Taxable Dividend (2) ($ per share) | Non Dividend Distribution ($ per share) | ||||
| 12/01/23 | 12/29/23 | 01/16/24 | $ | 0.930000 | $ | 0.490122 | $ | 0.000000 | $ | 0.035334 |
| 03/01/24 | 03/29/24 | 04/15/24 | $ | 0.940000 | $ | 0.495392 | $ | 0.000000 | $ | 0.035714 |
| 06/03/24 | 06/28/24 | 07/15/24 | $ | 0.940000 | $ | 0.495392 | $ | 0.000000 | $ | 0.035714 |
| 09/03/24 | 09/30/24 | 10/15/24 | $ | 0.940000 | $ | 0.495392 | $ | 0.000000 | $ | 0.035714 |
| $ | 3.750000 | $ | 1.976298 | $ | 0.000000 | $ | 0.142476 | |||
| Declared Date | Record Date | Payable Date | Total Capital Gain Distribution ($ per share) | Unrecaptured Section 1250 Gain (1) ($ per share) | Section 199A Dividend (2) ($ per share) | |||
| 12/01/23 | 12/29/23 | 01/16/24 | $ | 0.404544 | $ | 0.067763 | $ | 0.490122 |
| 03/01/24 | 03/29/24 | 04/15/24 | $ | 0.408894 | $ | 0.068491 | $ | 0.495392 |
| 06/03/24 | 06/28/24 | 07/15/24 | $ | 0.408894 | $ | 0.068491 | $ | 0.495392 |
| 09/03/24 | 09/30/24 | 10/15/24 | $ | 0.408894 | $ | 0.068491 | $ | 0.495392 |
| $ | 1.631226 | $ | 0.273236 | $ | 1.976298 | |||
(1) To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.
(2) 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, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties comprising approximately 179,130 developed sites and approximately 48,760 wet slips and dry storage spaces in the United States, Canada, and the United Kingdom.
FOR FURTHER INFORMATION AT THE COMPANY:
Fernando Castro-Caratini
Chief Financial Officer
(248) 208-2500
www.suninc.com
FAQ
What is the total dividend distribution per share for Sun Communities (SUI) in 2024?
How much of SUI's 2024 distributions were classified as Ordinary Taxable Dividends?
What portion of SUI's 2024 distributions qualified as Capital Gain Distribution?
When did Sun Communities (SUI) increase its quarterly dividend in 2024?
What was the Non-Dividend Distribution amount for SUI shares in 2024?
