NYSE:SUI
NYSE:SUIResidential REITs

Sun Communities (NYSE:SUI) Declares US$0.94 Per Share Dividend for Q1 2025

Sun Communities (NYSE:SUI) recently announced a quarterly dividend of $0.94 per share, adding to the positive sentiment that may have contributed to its share price increase of 5% over the last quarter. However, this rise comes despite the company reporting a widened net loss of $224 million in Q4 2024 due to substantial goodwill impairments. Additionally, Sun Communities provided guidance for a diluted EPS range slightly negative for Q1 2025, which exceeded analysts' expectations. The...