Sun Communities, Inc. announced on June 4, 2025, that its Board of Directors declared a quarterly distribution of $1.04 per share of common stock for the second quarter of 2025. This distribution is payable on July 15, 2025, to shareholders of record on June 30, 2025.
This marks the first declaration at the new, increased quarterly distribution rate, which represents a 10.6% increase from the previous rate of $0.94 per share. The increase was initially approved and announced as part of the company's first-quarter 2025 earnings report.
The higher distribution reflects the company's enhanced financial flexibility and capital allocation strategy following the completion of the Safe Harbor Marinas sale. This move aims to deliver value to shareholders through consistent capital returns.
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