{"id":10667,"date":"2024-02-12T17:17:14","date_gmt":"2024-02-12T23:17:14","guid":{"rendered":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2023-distributions\/10667\/"},"modified":"2024-02-13T11:17:14","modified_gmt":"2024-02-13T17:17:14","slug":"sun-communities-inc-announces-tax-treatment-of-2023-distributions","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2023-distributions\/10667\/","title":{"rendered":"Sun Communities, Inc. Announces Tax Treatment of 2023 Distributions"},"content":{"rendered":"
\n

Common Shares (CUSIP No. 866674104) – SUI<\/strong><\/p>\n\n\n\n\n\n\n\n
Declared Date<\/strong><\/td>\nRecord Date<\/strong><\/td>\nPayable Date<\/strong><\/td>\nDistribution<\/strong>
($ per share)<\/strong><\/td>\n		Ordinary Taxable Dividend <\/strong>(2)<\/strong><\/sup>
($ per share)<\/strong><\/td>\n		Qualified Taxable Dividend <\/strong>(2)<\/strong><\/sup>
($ per share)<\/strong><\/td>\n		\n

Non Dividend Distribution<\/strong>
($ per share)<\/strong><\/td>\n<\/tr>\n

12\/01\/22<\/td>\n12\/30\/22<\/td>\n01\/17\/23<\/td>\n$<\/td>\n0.880000<\/td>\n$<\/td>\n0.551034<\/td>\n$<\/td>\n0.005928<\/td>\n$<\/td>\n0.328966<\/td>\n<\/tr>\n
03\/03\/23<\/td>\n03\/31\/23<\/td>\n04\/17\/23<\/td>\n$<\/td>\n0.930000<\/td>\n$<\/td>\n0.582342<\/td>\n$<\/td>\n0.006265<\/td>\n$<\/td>\n0.347658<\/td>\n<\/tr>\n
06\/06\/23<\/td>\n06\/30\/23<\/td>\n07\/17\/23<\/td>\n$<\/td>\n0.930000<\/td>\n$<\/td>\n0.582342<\/td>\n$<\/td>\n0.006265<\/td>\n$<\/td>\n0.347658<\/td>\n<\/tr>\n
08\/17\/23<\/td>\n09\/29\/23<\/td>\n10\/16\/23<\/td>\n$<\/td>\n0.930000<\/u><\/td>\n$<\/u><\/td>\n0.582342<\/u><\/td>\n$<\/u><\/td>\n0.006265<\/u><\/td>\n$<\/u><\/td>\n0.347658<\/u><\/td>\n<\/tr>\n
\n\n\n$<\/td>\n3.670000<\/td>\n$<\/td>\n2.298060<\/td>\n$<\/td>\n0.024723<\/td>\n$<\/td>\n1.371940<\/td>\n<\/tr>\n<\/table>\n

<\/p>\n\n\n\n\n\n\n\n
Declared Date<\/strong><\/td>\nRecord Date<\/strong><\/td>\nPayable Date<\/strong><\/td>\nTotal Capital Gain Distribution<\/strong>
($ per share)<\/strong><\/td>\n		Unrecaptured Section 1250 Gain <\/strong>(1)<\/strong><\/sup>
($ per share)<\/strong><\/td>\n		Section 199A Dividend <\/strong>(2)<\/strong><\/sup>
($ per share)<\/strong><\/td>\n<\/tr>\n
12\/01\/22<\/td>\n12\/30\/22<\/td>\n01\/17\/23<\/td>\n$<\/td>\n0.000000<\/td>\n$<\/td>\n0.000000<\/td>\n$<\/td>\n0.545106<\/td>\n<\/tr>\n
03\/03\/23<\/td>\n03\/31\/23<\/td>\n04\/17\/23<\/td>\n$<\/td>\n0.000000<\/td>\n$<\/td>\n0.000000<\/td>\n$<\/td>\n0.576077<\/td>\n<\/tr>\n
06\/06\/23<\/td>\n06\/30\/23<\/td>\n07\/17\/23<\/td>\n$<\/td>\n0.000000<\/td>\n$<\/td>\n0.000000<\/td>\n$<\/td>\n0.576077<\/td>\n<\/tr>\n
08\/17\/23<\/td>\n09\/29\/23<\/td>\n10\/16\/23<\/td>\n$<\/u><\/td>\n0.000000<\/u><\/td>\n$<\/u><\/td>\n0.000000<\/u><\/td>\n$<\/u><\/td>\n0.576077<\/u><\/td>\n<\/tr>\n
\n\n\n$<\/td>\n0.000000<\/td>\n$<\/td>\n0.000000<\/td>\n$<\/td>\n2.273337<\/td>\n<\/tr>\n<\/table>\n

(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.<\/p>\n

Shareholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from the Company.<\/p>\n

About Sun Communities, Inc.<\/strong><\/p>\n

Sun Communities, Inc. is a REIT that, as of September 30, 2023, owned, operated, or had an interest in a portfolio of 670 developed properties comprising approximately 180,170 developed sites and approximately 48,030 wet slips and dry storage spaces in the United States, the United Kingdom and Canada.<\/p>\n

FOR FURTHER INFORMATION AT THE COMPANY:<\/strong><\/p>\n

Fernando Castro-Caratini
Chief Financial Officer
(248) 208-2500
www.suncommunities.com<\/a><\/p>\n<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

Southfield, MI, Jan. 19, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE:SUI) (the “Company”) announced the tax treatment of its 2023 common share distributions.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10667"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=10667"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10667\/revisions"}],"predecessor-version":[{"id":10689,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/10667\/revisions\/10689"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=10667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=10667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=10667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}