Sun Communities, Inc. Announces Tax Treatment of 2025 Distributions
Rhea-AI Summary
Sun Communities (NYSE:SUI) announced the tax characterization of its 2025 common share distributions for CUSIP 866674104. Total distributions for 2025 equal $7.960000 per share, comprised of $2.965154 per share classified as ordinary taxable dividends, $0.000014 per share as qualified taxable dividends, $0.700923 per share as non‑dividend distributions, and $4.293923 per share as total capital gain distributions (the Unrecaptured Section 1250 Gain equals $4.293923 per share). The largest single distribution was $4.000000 per share payable 05/22/2025. The Section 199A dividend total is $2.965140 per share. Shareholders are advised to consult tax advisors for individual treatment.
Positive
- Total distributions of $7.960000 per share for 2025
- Capital gain distributions of $4.293923 per share (material portion)
- Largest single distribution: $4.000000 payable 05/22/2025
Negative
- Qualified taxable dividend portion is negligible at $0.000014 per share
- Non‑dividend distributions total only $0.700923 per share (limited return of capital)
News Market Reaction
On the day this news was published, SUI gained 0.47%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SUI was down 3.25% while peers were mixed: ESS up 0.74%, INVH, MAA, UDR and AMH down between 0.37% and 1.51%, pointing to more stock-specific pressure than a clean sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 16 | CFO transition | Neutral | +0.7% | Announced incoming CFO with extensive REIT and capital markets experience. |
| Oct 29 | Q3 2025 earnings | Positive | -2.3% | Strong Core FFO, asset sale completion and raised 2025 guidance metrics. |
| Oct 09 | Earnings call timing | Neutral | +0.5% | Set dates and access details for Q3 2025 earnings release and call. |
| Sep 19 | CEO equity award | Neutral | +0.4% | Inducement stock grant for incoming CEO as part of leadership transition. |
| Sep 03 | Dividend declaration | Positive | +2.8% | Declared quarterly dividend of $1.04 per share for Q3 2025. |
Historical news shows mostly aligned price reactions, with one divergence where shares fell on a positive Q3 earnings and guidance update.
Over the last six months, Sun Communities has focused on leadership transition, capital allocation and steady distributions. A new CFO was announced effective January 5, 2026, alongside detailed compensation and transition terms for senior executives. Q3 2025 results highlighted Core FFO of $2.28 per share, the ~$5.5B Safe Harbor marinas sale, significant share repurchases and raised 2025 Core FFO guidance to $6.59–$6.67. Dividend declarations, including a $1.04 per-share distribution for Q3 2025, reinforced the income profile that frames today’s tax-treatment disclosure.
Market Pulse Summary
This announcement clarifies the tax character of Sun Communities’ 2025 common share distributions, breaking the $7.960000 per-share total into ordinary income, capital gains, Section 199A amounts and non-dividend (return of capital) components. It follows a period featuring leadership transitions, major asset sales and regular dividends. Investors may focus on how much of the payout is taxable income versus capital gains or return of capital and monitor future guidance, distribution levels and insider activity for signs of strategic shifts.
Key Terms
cusip financial
unrecaptured section 1250 gain financial
section 199a dividend financial
AI-generated analysis. Not financial advice.
Southfield, MI, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced the tax treatment of its 2025 common share distributions.
Common Shares (CUSIP No. 866674104) - SUI
| Declared Date | Record Date | Payable Date | Distribution ($ per share) | Ordinary Taxable Dividend (2) ($ per share) | Qualified Taxable Dividend (2) ($ per share) | Non Dividend Distribution ($ per share) | Total Capital Gain Distribution ($ per share) | Unrecaptured Section 1250 Gain (1) ($ per share) | Section 199A Dividend (2) ($ per share) | |||||||
| 12/02/2024 | 12/31/2024 | 01/15/2025 | $ | 0.940000 | $ | 0.350157 | $ | 0.000002 | $ | 0.082772 | $ | 0.507071 | $ | 0.507071 | $ | 0.350155 |
| 03/14/2025 | 03/31/2025 | 04/15/2025 | $ | 0.940000 | $ | 0.350157 | $ | 0.000002 | $ | 0.082772 | $ | 0.507071 | $ | 0.507071 | $ | 0.350155 |
| 04/30/2025 | 05/14/2025 | 05/22/2025 | $ | 4.000000 | $ | 1.490026 | $ | 0.000006 | $ | 0.352223 | $ | 2.157751 | $ | 2.157751 | $ | 1.490020 |
| 06/04/2025 | 06/30/2025 | 7/15/2025 | $ | 1.040000 | $ | 0.387407 | $ | 0.000002 | $ | 0.091578 | $ | 0.561015 | $ | 0.561015 | $ | 0.387405 |
| 09/03/2025 | 09/30/2025 | 10/15/2025 | $ | 1.040000 | $ | 0.387407 | $ | 0.000002 | $ | 0.091578 | $ | 0.561015 | $ | 0.561015 | $ | 0.387405 |
| $ | 7.960000 | $ | 2.965154 | $ | 0.000014 | $ | 0.700923 | $ | 4.293923 | $ | 4.293923 | $ | 2.965140 | |||
(1) To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.
(2) The Section 199A Dividend and Qualified Taxable Dividend are subsets of, and included in, the Ordinary Taxable Dividend.
Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.
About Sun Communities, Inc.
Sun Communities, Inc. is a REIT that, as of September 30, 2025, owned, operated, or had an interest in a portfolio of 501 developed properties comprising approximately 174,680 developed sites in the United States, Canada, and the United Kingdom.
FOR FURTHER INFORMATION AT THE COMPANY:
Mark Patten
Chief Financial Officer
(248) 208-2500
www.suninc.com
FAQ
What is the total 2025 distribution per share for Sun Communities (SUI)?
How much of SUI's 2025 distributions are capital gains?
What portion of SUI's 2025 distributions is classified as ordinary taxable dividends?
When was the largest SUI 2025 distribution paid and how much was it?
How much of SUI's 2025 distributions qualify for Section 199A?
Are SUI shareholders given tax advice in the 2025 distribution notice?
