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Sun Communities (BSP:S2UI34) 5-Year Yield-on-Cost % : 3.02 (As of Jun. 24, 2024)


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What is Sun Communities 5-Year Yield-on-Cost %?

Sun Communities's yield on cost for the quarter that ended in Mar. 2024 was 3.02.


The historical rank and industry rank for Sun Communities's 5-Year Yield-on-Cost % or its related term are showing as below:

BSP:S2UI34' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.03   Med: 3.76   Max: 9.93
Current: 3.02


During the past 13 years, Sun Communities's highest Yield on Cost was 9.93. The lowest was 2.03. And the median was 3.76.


BSP:S2UI34's 5-Year Yield-on-Cost % is ranked worse than
81.23% of 847 companies
in the REITs industry
Industry Median: 6.99 vs BSP:S2UI34: 3.02

Competitive Comparison of Sun Communities's 5-Year Yield-on-Cost %

For the REIT - Residential subindustry, Sun Communities's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sun Communities's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Sun Communities's 5-Year Yield-on-Cost % falls into.



Sun Communities 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Sun Communities is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Sun Communities  (BSP:S2UI34) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Sun Communities 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Sun Communities's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sun Communities (BSP:S2UI34) 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.

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