Sun Communities (MEX:SUI) Dividend Payout Ratio: 22.85 (As of Mar. 2026) — 993% Above Median


MEX:SUI Sun Communities Inc MEX:SUI
74 GF Score
Price MXN2,200.00
GF Value MXN2,438.40
! 6 Warning Signs
View Full Analysis

What is Sun Communities Dividend Payout Ratio?

Sun Communities MEX:SUI 74 Dividend Payout Ratio is 22.85 as of Mar. 2026, which is 993% above its 10-year median of 2.09. GuruFocus rates MEX:SUI with a GF Score™ of 74/100 and a GF Value™ of MXN2,438.40. The stock has 6 warning signs investors should review. Among 718 REITs companies, Sun Communities ranks worse than 77.72% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Sun Communities's Dividend Payout Ratio for the months ended in Mar. 2026 was 22.85.

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 1.73, which seems too high.

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

MEX:SUI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.3   Med: 2.09   Max: 5.98
Current: 1.72

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.

MEX:SUI's Dividend Payout Ratio is ranked worse than
77.72% of 718 companies
in the REITs industry
Industry Median: 0.99 vs MEX:SUI: 1.72

As of today (2026-06-26), the Dividend Yield % of Sun Communities is 3.47%.

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

Sun Communities's Dividends per Share for the months ended in Mar. 2026 was MXN20.20.

During the past 12 months, Sun Communities's average Dividends Per Share Growth Rate was 12.80% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Sun Communities (MEX:SUI) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Sun Communities Dividend Payout Ratio Related Terms

Sun Communities Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Sun Communities's Dividend Payout Ratio 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.

Sun Communities Dividend Payout Ratio Chart

Sun Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.30 5.99 5.60 1.76

Sun Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial 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 0.00 5.11 0.89 1.01 22.85

MEX:SUI vs MAA, INVH, ESS: Dividend Payout Ratio Comparison

For the REIT - Residential subindustry, Sun Communities's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio vs REITs Industry

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

* The bar in red indicates where Sun Communities's Dividend Payout Ratio falls into.


MEX:SUI
74GF Score
Sun Communities Inc MEX:SUI
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Communities Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Sun Communities's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=73.103/ 41.518
=1.76

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

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=20.197/ 0.884
=22.85

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 22.85 mean?
Sun Communities (MEX:SUI) has a Dividend Payout Ratio of 22.85 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sun Communities and its competitors. This is 993% above median its historical median of 2.09. Over the past decade, Sun Communities' Dividend Payout Ratio has ranged from 1.30 to 5.98. According to the industry distribution chart, Sun Communities ranks #558 out of 718 companies in the REITs industry, placing it in the top 77.7%.
Is Sun Communities' Dividend Payout Ratio too high?
Sun Communities' current Dividend Payout Ratio of 22.85 is 993% above median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 5.98. The REITs industry median Dividend Payout Ratio is 0.99. Sun Communities' value of 22.85 is 2208.1% above this industry median. Based on the distribution chart, Sun Communities ranks #558 out of 718 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Sun Communities has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Sun Communities' Dividend Payout Ratio compare to MAA and INVH?
According to the REITs industry distribution chart, Sun Communities ranks #558 out of 718 companies for Dividend Payout Ratio. This places Sun Communities in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Sun Communities' value of 22.85 is 2208.1% above this benchmark. Historically, Sun Communities' own Dividend Payout Ratio has ranged from 1.30 to 5.98 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 0.99, 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 Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Communities's current Dividend Payout Ratio of 22.85 is 2208.1% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sun Communities and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Communities's current Dividend Payout Ratio is 22.85, which is 993% above median its own 10-year median of 2.09. 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?
Sun Communities (MEX:SUI) has a current Dividend Payout Ratio of 22.85. The stock's GF Value™ is MXN2,438.40, compared to a current price of MXN2,200.00 — trading 9.8% below its estimated fair value. The current Dividend Payout Ratio is 22.85, which is 993% above median its 10-year median of 2.09 and 2208.1% above the REITs industry median of 0.99. Sun Communities' overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Sun Communities (MEX:SUI), the current Dividend Payout Ratio is 22.85 as of Mar. 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 (MEX:SUI) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Communities stock appears to be undervalued. The current stock price of MXN2,200.00 is trading 9.8% below its estimated GF Value™ of MXN2,438.40.

Key valuation signals for MEX:SUI:

  • Dividend Payout Ratio: 22.85 (993% above median its 10-year median of 2.09)
  • GF Value™: MXN2,438.40 vs. price of MXN2,200.00 (9.8% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 2208.1% above the REITs median (#558 of 718)

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

Sun Communities Business Description

Industry Real EstateREITs
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.
74GF Score

Get the complete analysis for MEX:SUI

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,200.00
Price
MXN2,438.40
GF Value