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Sun Communities, Inc. Declares Fourth Quarter 2020 Dividends

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Sun Communities, Inc. (NYSE:SUI) has declared a quarterly distribution of $0.79 per share for Q4 2020. This payment is set to benefit shareholders who are on record by December 31, 2020, with funds disbursed on January 15, 2021. Following its acquisition of Safe Harbor Marinas, the company now operates a portfolio of 532 properties across 38 states and Ontario, Canada, featuring approximately 184,000 developed sites. This move indicates the company’s ongoing commitment to providing returns to its investors.

Positive
  • Declared a quarterly distribution of $0.79 per share for Q4 2020.
  • Payment date set for January 15, 2021, enhancing shareholder returns.
  • Recent acquisition increased portfolio to 532 properties and 184,000 developed sites.
Negative
  • None.


Southfield, MI, Dec. 01, 2020 (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 and recreational vehicle communities and marinas, today announced its Board of Directors declared a quarterly distribution of $0.79 per share of common stock for the fourth quarter of 2020. The distribution is payable January 15, 2021 to shareholders of record on December 31, 2020. 

About Sun Communities, Inc.

Sun Communities, Inc. is a REIT that, as of October 30, 2020, when it completed its acquisition of Safe Harbor Marinas, LLC, owned, operated, or had an interest in a portfolio of 532 properties comprising approximately 184,000 developed sites in 38 states and Ontario, Canada. 

For Further Information, contact:

Karen J. Dearing
Chief Financial Officer
(248) 208-2500
www.suncommunities.com


FAQ

What is the latest dividend amount for SUI?

The latest dividend amount for Sun Communities, Inc. (SUI) is $0.79 per share for the fourth quarter of 2020.

When will the SUI dividend be paid?

The SUI dividend will be paid on January 15, 2021.

What is the record date for the SUI dividend?

The record date for the SUI dividend is December 31, 2020.

How many properties does SUI operate?

Sun Communities, Inc. operates 532 properties comprising approximately 184,000 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