{"id":5186,"date":"2022-02-09T20:23:32","date_gmt":"2022-02-10T02:23:32","guid":{"rendered":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2021-distributions\/5186\/"},"modified":"2022-02-10T14:23:32","modified_gmt":"2022-02-10T20:23:32","slug":"sun-communities-inc-announces-tax-treatment-of-2021-distributions","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2021-distributions\/5186\/","title":{"rendered":"Sun Communities, Inc. Announces Tax Treatment of 2021 Distributions"},"content":{"rendered":"<div>              <\/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\"><strong>Declared Date<\/strong><\/td>\n<td class=\"gnw_align_center hugin\"><strong>Record Date<\/strong><\/td>\n<td class=\"gnw_align_center hugin\"><strong>Payable Date<\/strong><\/td>\n<td class=\"gnw_align_center hugin\" colspan=\"2\"><strong>Distribution<\/strong> <br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin\" colspan=\"2\"><strong>Ordinary Taxable Dividend <\/strong><strong>(2)<br \/><\/strong><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin\" colspan=\"2\"><strong>Qualified Taxable Dividend <\/strong><strong>(2)<br \/><\/strong><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin\" colspan=\"2\"><strong>Non Dividend Distribution<\/strong> <br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin\" colspan=\"2\"><strong>Total Capital Gain Distribution<\/strong> <br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin\" colspan=\"2\"><strong>Unrecaptured Section 1250 Gain <\/strong><strong>(1)<\/strong> <br \/><strong>($ per share)<\/strong><\/td>\n<td class=\"gnw_align_center hugin\" colspan=\"2\"><strong>Section 199A Dividend <\/strong><strong>(2)<\/strong> <br \/><strong>($ per share)<\/strong><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">12\/01\/2020<\/td>\n<td class=\"gnw_align_center hugin\">12\/31\/2020<\/td>\n<td class=\"gnw_align_center hugin\">01\/15\/2021<\/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_right hugin\">0.556730<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.005595<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.233270<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.551135<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">03\/05\/2021<\/td>\n<td class=\"gnw_align_center hugin\">03\/31\/2021<\/td>\n<td class=\"gnw_align_center hugin\">04\/15\/2021<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.830000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.584919<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.005879<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.245081<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.579040<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">06\/01\/2021<\/td>\n<td class=\"gnw_align_center hugin\">06\/30\/2021<\/td>\n<td class=\"gnw_align_center hugin\">07\/15\/2021<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.830000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.584919<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.005879<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.245081<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.579040<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\">09\/01\/2021<\/td>\n<td class=\"gnw_align_center hugin\">09\/30\/2021<\/td>\n<td class=\"gnw_align_center hugin\">10\/15\/2021<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.830000<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.584919<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.005879<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.245081<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.000000<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.000000<\/u><\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\"><u>$<\/u><\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\"><u>0.579040<\/u><\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_align_center hugin\" \/>\n<td class=\"gnw_align_center hugin\" \/>\n<td class=\"gnw_align_center hugin\" \/>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">3.280000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">2.311487<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.023232<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.968513<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">0.000000<\/td>\n<td class=\"gnw_padding_right_none gnw_align_right hugin\">$<\/td>\n<td class=\"gnw_padding_left_none gnw_align_right hugin\">2.288255<\/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 September 30, 2021, owned, operated, or had an interest in a portfolio of 584 developed MH, RV and marina properties comprising nearly 155,900 developed sites and nearly 44,900 wet slips and dry storage spaces in 38 states, Canada and Puerto Rico.<\/p>\n<p align=\"justify\"><strong>FOR FURTHER INFORMATION AT THE COMPANY:   <\/strong><\/p>\n<p align=\"justify\">Karen J. Dearing<br \/>Chief Financial Officer<br \/>(248) 208-2500<br \/><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 src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/ODQ0ZjljNmMtNDNhNi00NTU1LTgxYTctYTRmZDZiNTRmZTAyLTEwMTg0NTU=\/tiny\/Sun-Communities-Inc-.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"start\">Southfield, MI, Jan. 20, 2022 (GLOBE NEWSWIRE) &#8212; Sun Communities, Inc. (NYSE:SUI) (the &#8220;Company&#8221;) announced the tax treatment of its 2021 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\/5186"}],"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=5186"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5186\/revisions"}],"predecessor-version":[{"id":5191,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5186\/revisions\/5191"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=5186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=5186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=5186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}