{"id":13611,"date":"2025-02-10T21:58:56","date_gmt":"2025-02-11T03:58:56","guid":{"rendered":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2024-distributions\/13611\/"},"modified":"2025-02-11T15:58:57","modified_gmt":"2025-02-11T21:58:57","slug":"sun-communities-inc-announces-tax-treatment-of-2024-distributions","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2024-distributions\/13611\/","title":{"rendered":"Sun Communities, Inc. Announces Tax Treatment of 2024 Distributions"},"content":{"rendered":"<div>\n<p align=\"justify\"><strong>Common Shares (CUSIP No. 866674104) &#8211; SUI<\/strong><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Declared<\/strong><br \/><strong>Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Record<\/strong><br \/><strong>Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Payable<\/strong><br \/><strong>Date<\/strong><\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Distribution<\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Ordinary Taxable Dividend <\/strong><sup><strong>(2)<\/strong><\/sup><br \/><strong>($ per share)<\/strong><\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Qualified Taxable Dividend <\/strong><sup><strong>(2)<\/strong><\/sup><br \/><strong>($ per share)<\/strong><\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p><strong>Non Dividend Distribution<\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">12\/01\/23<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">12\/29\/23<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">01\/16\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.930000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.490122<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.035334<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/01\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/29\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">04\/15\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.940000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.495392<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.035714<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/03\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/28\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">07\/15\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.940000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.495392<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.035714<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/03\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/30\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">10\/15\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.940000<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>$<\/u><\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.495392<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>$<\/u><\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.000000<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>$<\/u><\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.035714<\/u><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\" \/>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\" \/>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\" \/>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">3.750000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">1.976298<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.142476<\/td>\n<\/tr>\n<\/table>\n<p><\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Declared<\/strong><br \/><strong>Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Record <\/strong><br \/><strong>Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Payable <\/strong><br \/><strong>Date<\/strong><\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Total Capital Gain Distribution<\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Unrecaptured Section 1250 Gain <\/strong><sup><strong>(1)<\/strong><\/sup><br \/><strong>($ per share)<\/strong><\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Section 199A Dividend <\/strong><sup><strong>(2)<\/strong><\/sup><br \/><strong>($ per share)<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">12\/01\/23<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">12\/29\/23<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">01\/16\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.404544<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.067763<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.490122<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/01\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/29\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">04\/15\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.408894<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.068491<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.495392<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/03\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/28\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">07\/15\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.408894<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.068491<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.495392<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/03\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/30\/24<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">10\/15\/24<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>$<\/u><\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.408894<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>$<\/u><\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.068491<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>$<\/u><\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.495392<\/u><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\" \/>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\" \/>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\" \/>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">1.631226<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.273236<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">1.976298<\/td>\n<\/tr>\n<\/table>\n<p>(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.<br \/>(2)The Section 199A Dividend and Qualified Taxable Dividend are subsets of, and included in, the Ordinary Taxable Dividend.<\/p>\n<p align=\"justify\">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<p align=\"justify\"><strong>About Sun Communities, Inc.<\/strong><\/p>\n<p align=\"justify\">Sun Communities, Inc.is a REIT that, as ofSeptember 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 inthe United States,Canada, and theUnited Kingdom.<\/p>\n<p align=\"justify\"><strong>FOR FURTHER INFORMATION AT THE COMPANY:<\/strong><\/p>\n<p>Fernando Castro-Caratini<br \/>Chief Financial Officer<br \/>(248) 208-2500<br \/><a href=\"http:\/\/www.suninc.com\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.suninc.com\">www.suninc.com<\/a><\/p>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/NzczZjVlNDctODA3NC00MGNiLWJkZTctZWZiMTM0NGY2ZmRhLTEwMTg0NTU=\/tiny\/Sun-Communities-Inc-.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"justify\">Southfield, MI, Jan. 21, 2025 (GLOBE NEWSWIRE) &#8212; Sun Communities, Inc. (NYSE:SUI) (the &#8220;Company&#8221;) announced the tax treatment of its 2024 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\/13611"}],"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=13611"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13611\/revisions"}],"predecessor-version":[{"id":13623,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/13611\/revisions\/13623"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=13611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=13611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=13611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}