{"id":7903,"date":"2023-02-15T13:12:26","date_gmt":"2023-02-15T19:12:26","guid":{"rendered":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2022-distributions\/7903\/"},"modified":"2023-02-16T07:12:26","modified_gmt":"2023-02-16T13:12:26","slug":"sun-communities-inc-announces-tax-treatment-of-2022-distributions","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/sun-communities-inc-announces-tax-treatment-of-2022-distributions\/7903\/","title":{"rendered":"Sun Communities, Inc. Announces Tax Treatment of 2022 Distributions"},"content":{"rendered":"<div>\n<p align=\"justify\"><strong>Common <\/strong><strong>Shares (<\/strong><strong>CUSIP No. 866674104)<\/strong><strong> &#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 Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Record Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Payable 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\/21<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">12\/31\/21<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">01\/18\/22<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.830000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.611029<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.006504<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.218971<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/08\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/31\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">04\/15\/22<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.880000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.647838<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.006895<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.232162<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/01\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/30\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">07\/15\/22<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.880000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.647838<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.006895<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.232162<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/01\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/30\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">10\/14\/22<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.8<\/u><u>8<\/u><u>0000<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.<\/u><u>647838<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.00<\/u><u>6895<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.<\/u><u>232162<\/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\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">3.470000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">2.554543<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.027189<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.915457<\/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 Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Record Date<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\"><strong>Payable 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\/21<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">12\/31\/21<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">01\/18\/22<\/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\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.604525<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/08\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">03\/31\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">04\/15\/22<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/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\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.640943<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/01\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">06\/30\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">07\/15\/22<\/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\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.640943<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/01\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">09\/30\/22<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">10\/14\/22<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.000000<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.000000<\/u><\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\"><u>0.<\/u><u>640943<\/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\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.000000<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.000000<\/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\">2.527354<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">(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 real estate investment trustthat, as of September 30, 2022, owned, operated or had an interest in 662 developed MH, RV and Marina properties, comprising over 180,500 developed sites and over 46,100 wet slips and dry storage spaces in 39 states, the United Kingdom, Canada, and Puerto Rico.<\/p>\n<p align=\"justify\"><strong>FOR FURTHER INFORMATION AT THE COMPANY:<\/strong><\/p>\n<p align=\"justify\">Fernando Castro-Caratini<br \/>Chief Financial Officer<br \/>(248) 208-2500<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zW8ju0ylFpyjnXyJAmIRZvuv8mN2GSiuiBCb3iGOixjBhWiAT7QuZmg-TV-6FJg197lCQB0nGFIOfkBUPJLz7s4xxzKRlHHbyNos16Ui1bY=\" rel=\"nofollow noopener\" 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\/OTE3OTgxMDQtOGMxNi00MWZiLWE3OTctMTFlNzQ1ODdjNjAxLTEwMTg0NTU=\/tiny\/Sun-Communities-Inc-.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"justify\">Southfield, MI, Jan. 20, 2023 (GLOBE NEWSWIRE) &#8212; Sun Communities, Inc. (NYSE:SUI) (the &#8220;Company&#8221;) announced the tax treatment of its 2022 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\/7903"}],"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=7903"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7903\/revisions"}],"predecessor-version":[{"id":7929,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/7903\/revisions\/7929"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=7903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=7903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=7903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}