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Sun Communities (Sun Communities) Dividend Yield %

: 3.17% (As of Today)
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As of today (2024-04-20), the Trailing Annual Dividend Yield of Sun Communities is 3.17%.

The historical rank and industry rank for Sun Communities's Dividend Yield % or its related term are showing as below:

SUI' s Dividend Yield % Range Over the Past 10 Years
Min: 1.55   Med: 2.88   Max: 7.88
Current: 3.17

During the past 13 years, the highest Dividend Yield of Sun Communities was 7.88%. The lowest was 1.55%. And the median was 2.88%.

SUI's Dividend Yield % is ranked worse than
90.92% of 837 companies
in the REITs industry
Industry Median: 7.14 vs SUI: 3.17

Sun Communities's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.31.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sun Communities Inc is 0.74, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Sun Communities was 5.56. The lowest was 0.74. And the median was 2.10.

As of today (2024-04-20), the Forward Dividend Yield % of Sun Communities is 3.20%.

Sun Communities's Dividends per Share for the three months ended in Dec. 2023 was $0.93.

During the past 12 months, Sun Communities's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sun Communities was 187.00% per year. The lowest was -11.70% per year. And the median was 3.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Sun Communities Dividend Yield % Historical Data

The historical data trend for Sun Communities's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sun Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 2.08 1.58 2.43 2.78

Sun Communities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.43 2.53 2.77 3.10 2.78

Competitive Comparison

For the REIT - Residential subindustry, Sun Communities's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sun Communities Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Sun Communities's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sun Communities's Dividend Yield % falls into.



Sun Communities Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sun Communities Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9402024-03-272024-03-292024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.9302023-12-282023-12-292024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.9302023-09-282023-09-292023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.9302023-06-292023-06-302023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sun Communities's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.73/117.69
=3.17 %

Current Share Price is $117.69.
Sun Communities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.73.

Sun Communities's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.76/117.69
=3.19 %

Current Share Price is $117.69.
Sun Communities's Dividends per Share for the forward twelve months is calculated as $0.94 * 4 = $3.76.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sun Communities  (NYSE:SUI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sun Communities Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sun Communities's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sun Communities (Sun Communities) Business Description

Traded in Other Exchanges
Address
27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Executives
Baxter Underwood officer: CEO - Safe Harbor Marinas, LLC 14785 PRESTON RD, 9TH FLOOR, DALLAS TX 75254
Marc Farrugia officer: EVP & Chief Admin. Officer 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Jeff Blau director
Bruce Thelen officer: EVP 27777 FRANKLIN RD., STE. 200, SOUTHFIEL MI 48034
Clunet R Lewis director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Fernando Castro-caratini officer: EVP, CFO, Sec. & Treas. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
John Bandini Mclaren officer: EVP & CFO 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Stephanie W Bergeron director 27777 FRANKLIN ROAD, STE 200, SUN COMMUNITIES, INC, SOUTHFIELD MI 48034
Aaron Weiss officer: EVP, Corp. Strat. & Bus. Dev. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Gary A Shiffman director, officer: Chrmn and CEO 27777 FRANKLIN ROAD, STE 200, SOUTHFIELD MI 48034
Karen Dearing officer: EVP, CFO, Sec. & Treasurer 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Tonya Allen director 2777 FRANKLIN RD., STE. 200, SOUTHFIELD MI 48034
Ronald A Klein director 235 EAST MAIN STREET, MIDLAND MI 48640
Jonathan Colman officer: EVP 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Brian M Hermelin director 2064 D STREET, BELLEVILLE MI 48111

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