Sun Communities Announces Dividend

According to, Sun Communities, Inc. (NYSE:SUI) announced a dividend of $0.65 per share for investors on record as of March 31, 2014 to be paid April 17, with an ex-dividend date of March 27. Analysts at Wells Fargo & Co. upgraded their rating of Sun’s shares from a “market perform” to an “outperform” on Jan. 7. Robert W. Baird analysts raised their price target on shares from $49.00 to $51.00 March 12. Shares opened today, March 21, at 44.22. As knows, Sun owns 162 manufactured housing and recreational vehicle communities comprised of over 47,000 homesites. ##

(Photo credit: Sun Communities, Inc.–Palm Creek Resort)

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