Sun Communities, Inc. is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.
Sun Communities Dividend Announcement
• Sun Communities announced a quarterly dividend of $0.94 per ordinary share which will be made payable on 2025-01-15. Ex dividend date: 2024-12-31
• Sun Communities annual dividend for 2024 was $3.76
• Sun Communities annual dividend for 2023 was $3.72
• Sun Communities's trailing twelve-month (TTM) dividend yield is 3.01%
• Sun Communities's payout ratio for the trailing twelve months (TTM) is 207.55%
• Sun Communities's dividend growth over the last five years (2018-2023) was 5.55% year
• Sun Communities's dividend growth over the last ten years (2013-2023) was 3.97% year
Sun Communities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.94 | quarterly | 2025-01-15 |
2024-09-30 | $0.94 | quarterly | 2024-10-15 |
2024-06-28 | $0.94 | quarterly | 2024-07-15 |
2024-03-27 | $0.94 | quarterly | 2024-04-15 |
2023-12-28 | $0.93 | quarterly | 2024-01-16 |
2023-09-28 | $0.93 | quarterly | 2023-10-16 |
2023-06-29 | $0.93 | quarterly | 2023-07-17 |
2023-03-30 | $0.93 | quarterly | 2023-04-17 |
2022-12-29 | $0.88 | quarterly | 2023-01-17 |
2022-09-29 | $0.88 | quarterly | 2022-10-14 |
2022-06-29 | $0.88 | quarterly | 2022-07-15 |
2022-03-30 | $0.88 | quarterly | 2022-04-15 |
2021-12-30 | $0.83 | quarterly | 2022-01-18 |
2021-09-29 | $0.83 | quarterly | 2021-10-15 |
2021-06-29 | $0.83 | quarterly | 2021-07-15 |
2021-03-30 | $0.83 | quarterly | 2021-04-15 |
2020-12-30 | $0.79 | quarterly | 2021-01-15 |
2020-09-29 | $0.79 | quarterly | 2020-10-15 |
2020-06-29 | $0.79 | quarterly | 2020-07-15 |
2020-03-30 | $0.79 | quarterly | 2020-04-15 |
2019-12-30 | $0.75 | quarterly | 2020-01-15 |
2019-09-27 | $0.75 | quarterly | 2019-10-15 |
2019-06-27 | $0.75 | quarterly | 2019-07-15 |
2019-03-28 | $0.75 | quarterly | 2019-04-15 |
2018-12-28 | $0.71 | quarterly | 2019-01-15 |
2018-09-27 | $0.71 | quarterly | 2018-10-15 |
2018-06-28 | $0.71 | quarterly | 2018-07-16 |
2018-03-28 | $0.71 | quarterly | 2018-04-16 |
2017-12-28 | $0.67 | quarterly | 2018-01-16 |
2017-09-28 | $0.67 | quarterly | 2017-10-16 |
2017-06-28 | $0.67 | quarterly | 2017-07-17 |
2017-03-29 | $0.67 | quarterly | 2017-04-17 |
2016-12-28 | $0.65 | quarterly | 2017-01-20 |
2016-09-28 | $0.65 | quarterly | 2016-10-17 |
2016-06-28 | $0.65 | quarterly | 2016-07-15 |
2016-03-29 | $0.65 | quarterly | 2016-04-15 |
2015-12-29 | $0.65 | quarterly | 2016-01-15 |
2015-09-28 | $0.65 | quarterly | 2015-10-16 |
2015-06-26 | $0.65 | quarterly | 2015-07-17 |
2015-03-27 | $0.65 | quarterly | 2015-04-17 |
2014-12-29 | $0.65 | quarterly | 2015-01-16 |
2014-09-26 | $0.65 | quarterly | 2014-10-17 |
2014-06-26 | $0.65 | quarterly | 2014-07-18 |
2014-03-27 | $0.65 | quarterly | 2014-04-17 |
2013-12-27 | $0.63 | quarterly | 2014-01-17 |
2013-09-26 | $0.63 | quarterly | 2013-10-18 |
2013-06-26 | $0.63 | quarterly | 2013-07-19 |
2013-03-27 | $0.63 | quarterly | 2013-04-19 |
Sun Communities Dividend per year
Sun Communities Dividend growth
Sun Communities Dividend Yield
Sun Communities current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing Sun Communities stock? Use our calculator to estimate your expected dividend yield:
Sun Communities Financial Ratios
Sun Communities Dividend FAQ
Other factors to consider when evaluating Sun Communities as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Sun Communities's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sun Communities publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sun Communities distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sun Communities are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Sun Communities sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sun Communities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sun Communities declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Sun Communities's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sun Communities's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.