Sun Communities, Inc. announces a quarterly dividend of $0.94 per share for Q1 2025, payable on April 15.
Quiver AI Summary
Sun Communities, Inc. has announced a quarterly distribution of $0.94 per share of common stock for the first quarter of 2025, with payments scheduled for April 15, 2025, to shareholders on record as of March 31, 2025. The company, a real estate investment trust that manages manufactured housing and recreational vehicle communities, owned or had interests in 645 properties across the U.S., Canada, and the U.K. as of the end of 2024, encompassing approximately 176,390 sites and nearly 48,760 wet slips and dry storage spaces.
Potential Positives
- Sun Communities, Inc. declared a quarterly distribution of $0.94 per share, demonstrating the company's commitment to returning value to its shareholders.
- The distribution will be payable on April 15, 2025, indicating solid cash flow and financial health within the company.
- The announcement follows a substantial portfolio of 645 developed properties, signifying growth and stability in the company's operations across three countries.
Potential Negatives
- None
FAQ
What is the quarterly distribution for Sun Communities in 2025?
Sun Communities has declared a quarterly distribution of $0.94 per share for the first quarter of 2025.
When will the distribution be paid to shareholders?
The distribution will be payable on April 15, 2025, to shareholders of record on March 31, 2025.
How many properties does Sun Communities own?
As of December 31, 2024, Sun Communities owned or had an interest in 645 developed properties.
What types of communities does Sun Communities operate?
Sun Communities operates manufactured housing (MH) and recreational vehicle (RV) communities, along with marinas.
Who can I contact for more information about Sun Communities?
For further information, contact Fernando Castro-Caratini, CFO, at (248) 208-2500 or visit www.suninc.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SUI Hedge Fund Activity
We have seen 200 institutional investors add shares of $SUI stock to their portfolio, and 327 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- COHEN & STEERS, INC. added 3,811,528 shares (+30.3%) to their portfolio in Q4 2024, for an estimated $468,703,598
- DODGE & COX added 3,644,853 shares (+61.1%) to their portfolio in Q4 2024, for an estimated $448,207,573
- FMR LLC added 2,684,214 shares (+51.3%) to their portfolio in Q4 2024, for an estimated $330,077,795
- PRINCIPAL FINANCIAL GROUP INC removed 2,337,969 shares (-93.9%) from their portfolio in Q4 2024, for an estimated $287,500,047
- WESTFIELD CAPITAL MANAGEMENT CO LP removed 959,879 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $118,036,320
- PRICE T ROWE ASSOCIATES INC /MD/ added 911,857 shares (+19.7%) to their portfolio in Q4 2024, for an estimated $112,131,055
- BLACKROCK, INC. removed 684,892 shares (-6.3%) from their portfolio in Q4 2024, for an estimated $84,221,169
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SUI Analyst Ratings
Wall Street analysts have issued reports on $SUI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 10/17/2024
To track analyst ratings and price targets for $SUI, check out Quiver Quantitative's $SUI forecast page.
Full Release
Southfield, MI, March 14, 2025 (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 first quarter of 2025. The distribution is payable on April 15, 2025 to shareholders of record on March 31, 2025.
About Sun Communities, Inc.
Sun Communities, Inc. is a REIT that, as of December 31, 2024, owned, operated, or had an interest in a portfolio of 645 developed properties comprising approximately 176,390 developed sites and approximately 48,760 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
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
