The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Sun Communities, Inc. (SUI) pays a $4.32 annual dividend ($1.12 quarterly), yielding 3.62% at $119.44/share. Next ex-dividend date 2026-06-30. 13 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.62%
Annual Dividend: $4.32 per share
Payout Ratio: -63.6%
Ex-Dividend Date: 2026-06-30
Dividend Frequency: quarterly
Sector: Real Estate
Years of Dividend History: 34
Sun Communities, Inc. owns and operates a portfolio of manufactured housing and RV communities across the U.S. and Canada, paying a Sun Communities, Inc. dividend that currently yields 3.62%. SUI pays $4.32 per share annually, distributed quarterly, with the most recent $1.12 quarterly payment carrying an ex-dividend date of June 30, 2026. With a beta of 0.77, SUI stock moves less than the broader market, a characteristic that appeals to income investors who prioritize lower price volatility over maximum yield.
Sun Communities, Inc. pays out -63.6% of earnings as dividends, a payout ratio classified as conservative (below 40%) on a cash-flow basis. That figure reflects the REIT structure, where depreciation-heavy accounting often produces negative net income even when operating cash flows are sufficient to support the dividend. Sun Communities, Inc. dividend safety is further anchored by the company's 455 developed MH and RV properties comprising approximately 156,130 sites, a large, geographically diversified asset base. The most significant data-supported pressure point is the classification of 54 U.K. properties as discontinued operations as of June 30, 2026, which introduces near-term uncertainty around asset disposition and its effect on cash flows.
Sun Communities, Inc. dividend history shows a CAGR of 8.1% per year from 2010 to 2025. Per-share payments grew from $2.52 to $8.06 over that window (2026 is a partial year and excluded from the CAGR calculation). The smallest annual increase in the window was 1.1%, recorded in 2024, when the dividend moved from $3.72 to $3.76. The data also contains at least one year-over-year decline exceeding 5%, so the growth path has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +31.8% | $3.52 (2022) | $8.06 (2025) |
| 5-Year | +20.6% | $3.16 (2020) | $8.06 (2025) |
| 10-Year | +12.0% | $2.60 (2015) | $8.06 (2025) |
Sun Communities, Inc. suits dividend investors who want moderate, growing income from a large-scale real estate operator. The current yield of 3.62% falls within the moderate (2-4%) range and sits just below the 5-year average yield of 3.75%, meaning the stock is priced close to its historical income norm. The 8.1% annual dividend CAGR over 15 years is the defining trait here: growth has been meaningful, though the 2024 increase of just 1.1% shows it is not always fast. The trade-off is a negative reported payout ratio that requires investors to look past GAAP earnings to assess sustainability, and a U.K. portfolio in discontinued operations that adds a layer of near-term uncertainty.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-30 | $1.1200 |
| 2026-03-31 | $1.1200 |
| 2025-12-31 | $1.0400 |
| 2025-09-30 | $1.0400 |
| 2025-06-30 | $1.0400 |
| 2025-05-14 | $4.0000 |
| 2025-03-31 | $0.9400 |
| 2024-12-31 | $0.9400 |
| 2024-09-30 | $0.9400 |
| 2024-06-28 | $0.9400 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.2400 |
| 2025 | $8.0600 |
| 2024 | $3.7600 |
| 2023 | $3.7200 |
| 2022 | $3.5200 |
Project income from SUI with the SUI dividend calculator or track your full portfolio with the dividend tracker.