STOCK TITAN

Sun Communities, Inc. Declares Second Quarter 2024 Distribution

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Sun Communities (NYSE: SUI), a REIT specializing in manufactured housing, RV communities, and marinas, has declared a quarterly distribution of $0.94 per share for Q2 2024.

The dividend is payable on July 15, 2024, to shareholders recorded on June 28, 2024.

This announcement continues the company's history of consistent distributions, reflecting its stable revenue streams from its diversified property portfolio.

Positive
  • Declared a quarterly distribution of $0.94 per share.
  • Consistent dividend payout highlights stable revenue streams.
  • Payment date set for July 15, 2024, reassuring investors of timely returns.
Negative
  • No information on revenue growth or earnings.
  • Potential for future dividend uncertainties if market conditions change.

Southfield, MI, June 03, 2024 (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 $0.94 per share of common stock for the second quarter of 2024. The distribution is payable on July 15, 2024 to shareholders of record on June 28, 2024.

About Sun Communities, Inc.

Sun Communities, Inc. is a REIT that, as of March 31, 2024, owned, operated, or had an interest in a portfolio of 665 developed properties comprising approximately 180,110 developed sites and approximately 48,040 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 Q2 2024 dividend for Sun Communities (SUI)?

The Q2 2024 dividend for Sun Communities (SUI) is $0.94 per share.

When is the dividend payment date for Sun Communities (SUI) Q2 2024?

The dividend payment date for Sun Communities (SUI) Q2 2024 is July 15, 2024.

What is the record date for Sun Communities (SUI) Q2 2024 dividend?

The record date for Sun Communities (SUI) Q2 2024 dividend is June 28, 2024.

How often does Sun Communities (SUI) pay dividends?

Sun Communities (SUI) pays dividends quarterly.

Sun Communities, Inc

NYSE:SUI

SUI Rankings

SUI Latest News

SUI Stock Data

16.12B
125.46M
1.47%
98.74%
1.08%
REIT - Residential
Real Estate Investment Trusts
Link
United States of America
SOUTHFIELD