Sun Shines Again

According to SeekingAlpha, the Dow Jones Equity REIT (real estate investment trust) Index rose quicker than popular stock averages until the beginning of 2007, then fell from a high above 360 to a low under 100, and for the last two years has been over 200. REITs are considered yield securities, and many dividends have tax advantage. As MHProNews has learned, REITs buy or build additional properties to increase their rental income to obtain added dividends. Sun Communities, Inc. is identified as one of the REITs with a high stock yield at 6.6% and largely tax free. Sun operates 165 MH and RV communities with over 57,000 developed sites.

(Photo credit: Sun Communities, Inc.)

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