StockNews.AI
SUI
StockNews.AI
210 days

Sun Communities, Inc. Announces Tax Treatment of 2024 Distributions

1. SUI declared tax treatment for 2024 common share distributions. 2. Total capital gain distributions amount to $1.631226 per share. 3. Ordinary dividends total $3.750000 for the year, indicating steady returns. 4. Tax implications could affect shareholder decisions and SUI's attractiveness. 5. SUI operates a diverse portfolio of 659 properties across several countries.

4m saved
Insight
Article

FAQ

Why Bullish?

The announcement of steady dividends can attract investors, enhancing stock stability. Previous similar dividend news has historically correlated with price appreciation.

How important is it?

The article details crucial financial metrics that can influence investor behavior significantly.

Why Short Term?

Immediate investor sentiment may improve due to dividend clarity, potentially impacting stock in the short run.

Related Companies

SUIREIT
January 21, 2025 16:54 ET  | Source: Sun Communities, Inc. Southfield, MI, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced the tax treatment of its 2024 common share distributions. Common Shares (CUSIP No. 866674104) - SUI DeclaredDateRecordDatePayableDateDistribution($ per share)Ordinary Taxable Dividend (2)($ per share)Qualified Taxable Dividend (2)($ per share)Non Dividend Distribution($ per share)12/01/2312/29/2301/16/24$0.930000$0.490122$0.000000$0.03533403/01/2403/29/2404/15/24$0.940000$0.495392$0.000000$0.03571406/03/2406/28/2407/15/24$0.940000$0.495392$0.000000$0.03571409/03/2409/30/2410/15/24$0.940000$0.495392$0.000000$0.035714   $3.750000$1.976298$0.000000$0.142476 DeclaredDateRecord DatePayable DateTotal Capital Gain Distribution($ per share)Unrecaptured Section 1250 Gain (1)($ per share)Section 199A Dividend (2)($ per share)12/01/2312/29/2301/16/24$0.404544$0.067763$0.49012203/01/2403/29/2404/15/24$0.408894$0.068491$0.49539206/03/2406/28/2407/15/24$0.408894$0.068491$0.49539209/03/2409/30/2410/15/24$0.408894$0.068491$0.495392   $1.631226$0.273236$1.976298 (1)   To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.(2)   The Section 199A Dividend and Qualified Taxable Dividend are subsets of, and included in, the Ordinary Taxable Dividend. Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of September 30, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties comprising approximately 179,130 developed sites and approximately 48,760 wet slips and dry storage spaces in the United States, Canada, and the United Kingdom. FOR FURTHER INFORMATION AT THE COMPANY: Fernando Castro-CaratiniChief Financial Officer(248) 208-2500www.suninc.com

Related News