|Sun Communities Declares Common Stock and Preferred Stock Fourth Quarter 2016 Distribution|
FOR FURTHER INFORMATION AT THE COMPANY:
Southfield, MI, December 6, 2016 - Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates manufactured housing and recreational vehicle communities, today announced its Board of Directors declared a quarterly distribution of $0.65 per share of common stock for the fourth quarter of 2016. The distribution is payable January 20, 2017 to shareholders of record on December 31, 2016.
The Company's Board of Directors also declared a distribution of $0.4453125 per share on the Company's 7.125% Series A Cumulative Redeemable Preferred Stock (NYSE:SUI-PrA). The distribution is payable January 17, 2017 to shareholders of record on December 31, 2016.
The Company's Board of Directors also declared a distribution of $0.40625 per share on the Company's 6.50% Series A-4 Cumulative Convertible Preferred Stock. The distribution is payable on January 3, 2017 to shareholders of record on December 16, 2016.
Sun Communities, Inc. is a REIT that currently owns and operates or has an interest in a portfolio of 340 communities comprising approximately 117,000 developed sites.
For more information about Sun Communities, Inc. visit our website at www.suncommunities.com