Sun Declares Two Stock Dividend

Southfield, Michigan-based Sun Communities, Inc. (SUI) has declared a $0.63 dividend per share of common stock for the third quarter of 2013, payable Oct. 18, 2013 to shareholders of record Sept. 30, 2013. The board of directors of this real estate investment trust (REIT) also declared a dividend per share of $0.4453125 for the company’s 7.125% Series A Cumulative Redeemable Preferred Stock payable Oct. 15, 2013 to shareholders of record Oct. 2, 2013. According to, the preferred stock was issued Nov. 12, 2012. MHProNews knows Sun owns and operates a portfolio of 185 manufactured housing and recreational vehicle communities comprised of 68,200 developed sites.

(Photo credit: Sun Communities, Inc.)

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