Sun Communities Dividends and Buybacks
Dividend criteria checks 5/6
Sun Communities is a dividend paying company with a current yield of 3.04% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
3.0%
Dividend yield
-2.2%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -6.1% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| 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 10Sun Communities GAAP EPS of $0.61, revenue of $814.3M
Jul 25Upcoming Dividend Payment
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) | 3.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Residential REITs) | 3.4% |
| Analyst forecast (SUI) (up to 3 years) | 3.4% |
Notable Dividend: SUI's dividend (3.04%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SUI's dividend (3.04%) is low compared to the top 25% of dividend payers in the US market (4.51%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sun Communities, Inc. is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Anthony Powell | Barclays |
| Anthony Powell | Barclays |