Sun Communities Dividends and Buybacks
Dividend criteria checks 5/6
Sun Communities is a dividend paying company with a current yield of 2.95% that is well covered by earnings.
Key information
2.9%
Dividend yield
-2.2%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$3.760 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SUI *'s dividends per share have been stable in the past 10 years.
Growing Dividend: SUI *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sun Communities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SUI *) | 2.9% |
| Market Bottom 25% (MX) | 0% |
| Market Top 25% (MX) | 0% |
| Industry Average (Residential REITs) | 0% |
| Analyst forecast (SUI *) (up to 3 years) | 3.3% |
Notable Dividend: SUI *'s dividend (2.95%) is higher than the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: SUI *'s dividend (2.95%) is low compared to the top 25% of dividend payers in the MX market (7.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.8%), SUI *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.9%), SUI *'s dividend payments are covered by cash flows.