Sun Communities, Inc. Declares Third Quarter 2024 Distribution
Rhea-AI Summary
Sun Communities, Inc. (NYSE: SUI), a real estate investment trust (REIT) specializing in manufactured housing (MH) and recreational vehicle (RV) communities and marinas, has announced its third quarter 2024 dividend. The company's Board of Directors has declared a quarterly distribution of $0.94 per share of common stock. This dividend will be payable on October 15, 2024 to shareholders of record as of September 30, 2024. Sun Communities' diverse portfolio includes properties in the MH, RV, and marina sectors, reflecting its broad presence in the real estate market.
Positive
- Consistent quarterly dividend distribution maintained at $0.94 per share
- Diversified portfolio across MH, RV, and marina sectors
Negative
- None.
News Market Reaction
On the day this news was published, SUI gained 0.21%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Southfield, MI, Sept. 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
About Sun Communities, Inc.
Sun Communities, Inc. is a REIT that, as of June 30, 2024, owned, operated, or had an interest in a portfolio of 666 developed properties comprising approximately 181,760 developed sites and approximately 48,140 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
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