• Sun Communities, Inc. Announces Tax Treatment of 2024 Distributions

    Source: Nasdaq GlobeNewswire / 21 Jan 2025 16:54:24   America/New_York

    Southfield, MI, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company") announced the tax treatment of its 2024 common share distributions.

    Common Shares (CUSIP No. 866674104) - SUI

    Declared
    Date    		Record
    Date    		Payable
    Date    		Distribution
    ($ per share)    		Ordinary Taxable Dividend (2)
    ($ per share)    		Qualified Taxable Dividend (2)
    ($ per share)

    Non Dividend Distribution
    ($ per share)
    12/01/2312/29/2301/16/24$0.930000$0.490122$0.000000$0.035334
    03/01/2403/29/2404/15/24$0.940000$0.495392$0.000000$0.035714
    06/03/2406/28/2407/15/24$0.940000$0.495392$0.000000$0.035714
    09/03/2409/30/2410/15/24$0.940000$0.495392$0.000000$0.035714
       $3.750000$1.976298$0.000000$0.142476


    Declared
    Date    		Record
    Date    		Payable
    Date    		Total Capital Gain Distribution
    ($ per share)    		Unrecaptured Section 1250 Gain (1)
    ($ per share)    		Section 199A Dividend (2)
    ($ per share)
    12/01/2312/29/2301/16/24$0.404544$0.067763$0.490122
    03/01/2403/29/2404/15/24$0.408894$0.068491$0.495392
    06/03/2406/28/2407/15/24$0.408894$0.068491$0.495392
    09/03/2409/30/2410/15/24$0.408894$0.068491$0.495392
       $1.631226$0.273236$1.976298

    (1)   To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.
    (2)   The Section 199A Dividend and Qualified Taxable Dividend are subsets of, and included in, the Ordinary Taxable Dividend.

    Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.

    About Sun Communities, Inc.

    Sun Communities, Inc. is a REIT that, as of September 30, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties comprising approximately 179,130 developed sites and approximately 48,760 wet slips and dry storage spaces in the United States, Canada, and the United Kingdom.

    FOR FURTHER INFORMATION AT THE COMPANY:

    Fernando Castro-Caratini
    Chief Financial Officer
    (248) 208-2500
    www.suninc.com


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