SUI (Sun Communities) 3-Year Dividend Growth Rate: 4.90% (As of Jun. 2026) — 53% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SUI Sun Communities Inc SUI
66 GF Score
Price $122.29
GF Value $126.21
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Sun Communities 3-Year Dividend Growth Rate?

Sun Communities SUI +0.19% 66 3-Year Dividend Growth Rate is 4.90% as of Jun. 2026, which is 53% above its 10-year median of 3.20. GuruFocus rates SUI with a GF Score™ of 66/100 and a GF Value™ of $126.21 (Fairly Valued). The stock has 7 warning signs investors should review. Among 621 REITs companies, Sun Communities ranks better than 61.35% on this metric.

Sun Communities's Dividends per Share for the three months ended in Jun. 2026 was $1.12.

The historical rank and industry rank for Sun Communities's 3-Year Dividend Growth Rate or its related term are showing as below:

SUI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.7   Med: 3.2   Max: 187
Current: 4.9

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 3.20% per year.

SUI's 3-Year Dividend Growth Rate is ranked better than
61.35% of 621 companies
in the REITs industry
Industry Median: 2.8 vs SUI: 4.90

During the past 12 months, Sun Communities's average Dividends Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Sun Communities's Dividend Payout Ratio for the three months ended in Jun. 2026 was 2.05. As of today, Sun Communities's Dividend Yield % is 3.55%.

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 1.54, which seems too high.

Good Sign:

Sun Communities Inc stock Dividend Yield % is close to 10-year high.

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


Sun Communities  (NYSE:SUI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Sun Communities's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=1.12/ 0.546
=2.05

During the past 13 years, the highest Dividend Payout Ratio of Sun Communities was 5.98. The lowest was 1.30. And the median was 2.09.

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 1.54, which seems too high.

2. 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 1.1200002026-06-302026-06-302026-07-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.1200002026-03-312026-03-312026-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.0400002025-12-312025-12-312026-02-02Cash DividendquarterlyUSD:USD 1.000000
USD 1.0400002025-09-302025-09-302025-10-15Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.32/122.29
=3.53 %

Current Share Price is $122.29.
Sun Communities's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.32.

During the past 13 years, the highest Dividend Yield of Sun Communities was 3.66%. The lowest was 1.55%. And the median was 2.78%.

Good Sign:

Sun Communities Inc stock Dividend Yield % is close to 10-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


SUI vs MAA, UDR, ELS: 3-Year Dividend Growth Rate Comparison

For the REIT - Residential subindustry, Sun Communities's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Sun Communities's 3-Year Dividend Growth Rate falls into.


SUI
66GF Score
Sun Communities Inc SUI
3-Year Dividend Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Communities 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Dividend Growth Rate of 4.90% mean?
Sun Communities (SUI) has a 3-Year Dividend Growth Rate of 4.90% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Sun Communities and its competitors. This is 53% above median its historical median of 3.20. According to the industry distribution chart, Sun Communities ranks #240 out of 621 companies in the REITs industry, placing it in the top 38.6%.
Is Sun Communities' 3-Year Dividend Growth Rate too high?
Sun Communities' current 3-Year Dividend Growth Rate of 4.90% is 53% above median its 10-year median of 3.20. The REITs industry median 3-Year Dividend Growth Rate is 2.80. Sun Communities' value of 4.90% is 75% above this industry median. Based on the distribution chart, Sun Communities ranks #240 out of 621 companies in the REITs industry, which is above the industry midpoint. Overall, Sun Communities has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sun Communities' 3-Year Dividend Growth Rate compare to MAA and UDR?
According to the REITs industry distribution chart, Sun Communities ranks #240 out of 621 companies for 3-Year Dividend Growth Rate. This puts Sun Communities in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 2.80. Sun Communities' value of 4.90% is 75% above this benchmark. While the company's 10-year median is 3.20 vs. the industry median of 2.80, Sun Communities has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a REITs company?
The median 3-Year Dividend Growth Rate among REITs companies is 2.80, based on 621 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Communities's current 3-Year Dividend Growth Rate of 4.90% is 75% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Sun Communities and its competitors. For the REITs industry, the median 3-Year Dividend Growth Rate is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Communities's current 3-Year Dividend Growth Rate is 4.90%, which is 53% above median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Communities stock overvalued right now?
Based on GuruFocus' analysis, Sun Communities (SUI) is currently considered Fairly Valued. The stock's GF Value™ is $126.21, compared to a current price of $122.29 — trading 3.1% below its estimated fair value. The current 3-Year Dividend Growth Rate is 4.90%, which is 53% above median its 10-year median of 3.20 and 75% above the REITs industry median of 2.80. Sun Communities' overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Sun Communities (SUI), the current 3-Year Dividend Growth Rate is 4.90% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sun Communities (SUI) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Communities stock appears to be undervalued. The current stock price of $122.29 is trading 3.1% below its estimated GF Value™ of $126.21. GuruFocus considers Sun Communities to be Fairly Valued.

Key valuation signals for SUI:

  • 3-Year Dividend Growth Rate: 4.90% (53% above median its 10-year median of 3.20)
  • GF Value™: $126.21 vs. price of $122.29 (3.1% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 75% above the REITs median (#240 of 621)

No single metric tells the full story. See the SUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Communities Business Description

Industry Real EstateREITs
Other Exchanges SCZ:GermanyS2UI34:Brazil
Address 27777 Franklin Road, Suite 300, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing and residential vehicle communities. The company currently owns a portfolio of 513 properties, which includes 347 manufactured housing communities and 166 residential vehicle communities. 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.
66GF Score

Get the complete analysis for SUI

3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$122.29
Price
$126.21
GF Value