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Sun Communities, Inc. Declares First Quarter 2023 Distribution

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Sun Communities, Inc. (NYSE: SUI) declared a quarterly distribution of $0.93 per share for Q1 2023. This payout will be made on April 17, 2023, to shareholders recorded by March 31, 2023. As of December 31, 2022, the company owned, operated, or held interest in 669 properties, offering over 179,700 developed sites and approximately 47,800 wet slips and dry storage spaces across the United States, the United Kingdom, and Canada.

Positive
  • Quarterly distribution of $0.93 per share reflects ongoing financial stability.
  • Diversified portfolio with 669 developed properties enhances revenue potential.
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Southfield, MI, March 03, 2023 (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 (“MH”) and recreational vehicle (“RV”) communities and marinas (collectively, the "properties"), today announced its Board of Directors declared a quarterly distribution of $0.93 per share of common stock for the first quarter of 2023. The distribution is payable April 17, 2023 to shareholders of record on March 31, 2023.

About Sun Communities, Inc.

Sun Communities, Inc. is a REIT that, as of December 31, 2022, owned, operated, or had an interest in a portfolio of 669 developed properties comprising over 179,700 developed sites and approximately 47,800 wet slips and dry storage spaces in the United States, the United Kingdom and Canada.

For Further Information at the Company:

Fernando Castro-Caratini
Chief Financial Officer
(248) 208-2500
www.suncommunities.com


FAQ

What is the quarterly distribution amount declared by Sun Communities in 2023?

Sun Communities declared a quarterly distribution of $0.93 per share for Q1 2023.

When will Sun Communities pay its dividend for the first quarter of 2023?

The dividend will be payable on April 17, 2023.

What is the record date for the quarterly distribution by Sun Communities?

The record date for the distribution is March 31, 2023.

How many properties does Sun Communities operate as of December 31, 2022?

As of December 31, 2022, Sun Communities owned or operated 669 developed properties.

What is the total number of developed sites managed by Sun Communities?

Sun Communities manages over 179,700 developed sites.

Sun Communities, Inc

NYSE:SUI

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15.92B
127.39M
1.47%
95.5%
1.13%
REIT - Residential
Real Estate Investment Trusts
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United States of America
SOUTHFIELD