{"id":1919,"date":"2021-02-08T14:09:10","date_gmt":"2021-02-08T20:09:10","guid":{"rendered":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2020-distributions\/1919\/"},"modified":"2021-02-09T08:09:10","modified_gmt":"2021-02-09T14:09:10","slug":"sun-communities-inc-announces-tax-treatment-of-2020-distributions","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2020-distributions\/1919\/","title":{"rendered":"Sun Communities, Inc. Announces Tax Treatment of 2020 Distributions"},"content":{"rendered":"<div>  19, 2021  (GLOBE NEWSWIRE) &#8212;  Sun Communities, Inc. (NYSE:SUI) (the &#8220;Company&#8221;) announced the tax treatment of its 2020 common share distributions.                              <\/p>\n<p align=\"justify\"><strong>Common Shares (CUSIP No. 866674104) &#8211; SUI<\/strong><\/p>\n<table class=\"gnw_table_border_collapse hugin\" style=\"width:100%;border-collapse:collapse !important\">\n<tr>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\"><strong>Declared Date<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\"><strong>Record Date<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\"><strong>Payable Date<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\" colspan=\"2\"><strong>Distribution<\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\" colspan=\"2\"><strong>Ordinary Taxable Dividend <sup>(2)<\/sup> <\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\" colspan=\"2\"><strong>Qualified Taxable Dividend <sup>(2)<\/sup><\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\" colspan=\"2\"><strong \/><\/p>\n<p> <strong>Non Dividend Distribution<\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\" colspan=\"2\"><strong>Total Capital Gain Distribution<\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\" colspan=\"2\"><strong>Unrecaptured Section 1250 Gain <sup>(1)<\/sup><\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin gnw_vertical_align_bottom\" colspan=\"2\"><strong>Section 199A Dividend<\/strong><strong><sup>(2)<\/sup><\/strong><br \/><strong>($ per share)<\/strong><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">11\/27\/2019<\/td>\n<td class=\"gnw_align_center hugin\">12\/31\/2019<\/td>\n<td class=\"gnw_align_center hugin\">01\/15\/2020<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.750000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.514067<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.004954<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.221536<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.014397<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.005500<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.509113<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">03\/06\/2020<\/td>\n<td class=\"gnw_align_center hugin\">03\/31\/2020<\/td>\n<td class=\"gnw_align_center hugin\">04\/15\/2020<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.790000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.541484<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.005218<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.233351<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.015165<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.005794<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.536266<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">06\/01\/2020<\/td>\n<td class=\"gnw_align_center hugin\">06\/30\/2020<\/td>\n<td class=\"gnw_align_center hugin\">07\/15\/2020<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.790000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.541484<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.005218<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.233351<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.015165<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.005794<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.536266<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">08\/31\/2020<\/td>\n<td class=\"gnw_align_center hugin\">09\/30\/2020<\/td>\n<td class=\"gnw_align_center hugin\">10\/15\/2020<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.790000<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\"><u>0.541484<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\"><u>0.005218<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\"><u>0.233351<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\"><u>0.015165<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\"><u>0.005794<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\"><u>0.536266<\/u><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\"><strong \/><\/td>\n<td class=\"gnw_align_center hugin\"><strong \/><\/td>\n<td class=\"gnw_align_center hugin\"><strong \/><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">3.120000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">2.138519<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.020608<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.921589<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.059892<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">0.022882<\/td>\n<td class=\"gnw_padding_right_none gnw_align_center hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_center hugin\">2.117911<\/td>\n<\/tr>\n<\/table>\n<ol type=\"1\">\n<li>To the extent that Unrecaptured Section 1250 Gain exists, the gain is a subset of, and included in, the Total Capital Gain Distribution amount.<\/li>\n<li>The Section 199A Dividend and Qualified Taxable Dividend are subsets of, and included in, the Ordinary Taxable Dividend.<\/li>\n<\/ol>\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 of October 30, 2020, when it completed its acquisition of Safe Harbor Marinas, LLC, owned, operated, or had an interest in a portfolio of 532 properties comprising approximately 184,000 developed sites in 38 states and Ontario, Canada.<\/p>\n<p align=\"justify\"><strong>FOR FURTHER INFORMATION AT THE COMPANY: <\/strong><\/p>\n<p align=\"justify\">Karen J. Dearing<\/p>\n<p>Chief Financial Officer<\/p>\n<p> (248) 208-2500<\/p>\n<p> <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zW8ju0ylFpyjnXyJAmIRZvuv8mN2GSiuiBCb3iGOixjBhWiAT7QuZmg-TV-6FJg197lCQB0nGFIOfkBUPJLz7s4xxzKRlHHbyNos16Ui1bY=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\" title=\"www.suncommunities.com\">www.suncommunities.com<\/a><\/p>\n<\/p>\n<p><img loading=\"lazy\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"1\" height=\"1\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/release\/track\/0a395429-37c3-47de-87f5-1362bbdffe1c\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p><img loading=\"lazy\" height=\"43\" src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/cdf8aaa8-cf4e-45a8-a1ab-6f82286aef35\" title=\"image001.jpg\" width=\"195\" \/><\/p>\n<p>Southfield, MI, Jan.<\/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\/1919"}],"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=1919"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1919\/revisions"}],"predecessor-version":[{"id":1940,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/1919\/revisions\/1940"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=1919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=1919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=1919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}