Sun Communities, Inc. Declares First Quarter 2022 Distribution

Rhea-AI Summary

Sun Communities (NYSE:SUI) announced a quarterly dividend of $0.88 per share for Q1 2022. This distribution is payable on April 15, 2022, to shareholders on record as of March 31, 2022. As of December 31, 2021, Sun Communities owns or operates 602 properties, which include manufactured housing communities, RV resorts, and marinas across 39 states, Canada, and Puerto Rico, with over 159,000 developed sites and over 45,000 storage spaces.

Positive

• Quarterly distribution of $0.88 per share reflects ongoing financial stability.
• A strong portfolio of 602 properties with over 159,000 developed sites supports revenue generation.

Negative

• None.

Southfield, MI, March 08, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing communities, recreational vehicle resorts and marinas, today announced its Board of Directors declared a quarterly distribution of $0.88 per share of common stock for the first quarter of 2022. The distribution is payable April 15, 2022 to shareholders of record on March 31, 2022.

About Sun Communities, Inc.

Sun Communities, Inc. is a REIT that, as of December 31, 2021, owned, operated, or had an interest in a portfolio of 602 developed MH, RV and marina properties comprising over 159,000 developed sites and over 45,000 wet slips and dry storage spaces in 39 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 quarterly dividend announced by Sun Communities (SUI) for Q1 2022?

Sun Communities has declared a quarterly dividend of $0.88 per share for Q1 2022.

When will the dividend for Sun Communities (SUI) be paid?

The dividend will be payable on April 15, 2022, to shareholders of record on March 31, 2022.

How many properties does Sun Communities (SUI) manage?

As of December 31, 2021, Sun Communities manages 602 developed properties.

What types of properties does Sun Communities (SUI) own?

Sun Communities owns manufactured housing communities, RV resorts, and marinas.

In how many locations does Sun Communities (SUI) operate?

Sun Communities operates in 39 states, Canada, and Puerto Rico.