The board of directors of real estate investment trust (REIT) Sun Communities, Inc. (SUI) announces it has declared a quarterly distribution of $0.65 per share of common stock for Q2 2014, according to marketwatch.com. Distribution is payable July 18, 2014 to shareholders of record as of June 30, 2014. The company’s board also declared a distribution $0.4453125 per share on the company’s 7.125% Series A preferred stock to shareholders of record July 1, 2014, payable on July 15, 2014. As MHProNews knows, Sun owns and operates 190 manufactured housing and recreational vehicle communities comprising 71,500 developed sites. ##
(Image credit: Sun Communities, Inc.)