Sun Communities Dividends and Buybacks
Dividend criteria checks 5/6
Sun Communities is a dividend paying company with a current yield of 2.98% that is well covered by earnings.
Key information
3.0%
Dividend yield
-2.1%
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 | US$3.760 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Sun Communities Is A Bargain After Bad Quarter
Nov 10Sun Communities: Covered Calls Can Compensate Low Leverage (Rating Downgrade)
Sep 23Fun In The Sun (Communities)
Jul 09Sun Communities: Growth At A High Price
Mar 05Sun Communities: Reversal Has Come
Dec 18Safety, Growth And Income - Sun Communities Is A Top-Tier REIT
Nov 29Sun Communities: Attractive Growth, But Valuation Creates A Risk
Nov 07Sun Communities: UK Woes Present Opportunity For Long-Term Investors
Oct 17Manufactured Housing: The Sun Will Rise Again
Aug 25Sun Communities: A 'Buy" For The First Time In Almost A Year
Aug 19Sun Communities: Solid Company In A Market With Growing Demand
Jun 01Sun Communities: I'm Adding This 'Safe Harbor' REIT To My SWAN Portfolio
Feb 22Sun Communities Q3 2022 Earnings Preview
Oct 23Sun Communities declares $0.88 dividend
Sep 01I Buy More As Sun Communities Falls
Aug 25Sun Communities: Capitalizing On Affordable Housing And Recreational Opportunities
Aug 10Is Now The Time To Put Sun Communities (NYSE:SUI) On Your Watchlist?
Jul 26
Sun Communities GAAP EPS of $0.61, revenue of $814.3M
Jul 25Stability 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) | 3.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Residential REITs) | 3.3% |
| Analyst forecast (SUI) (up to 3 years) | 3.3% |
Notable Dividend: SUI's dividend (2.98%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: SUI's dividend (2.98%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.