Additionally, the board of directors declared a distribution $0.4453125 per share on Sun’s 7.125% Series A Cumulative Redeemable Preferred Stock (NYSE:SUI-PrA), also payable on July 15, 2016 to shareholders on record as of June 30, 2016.
Moreover, the board declared a distribution of $0.40625 per share on the company’s 6.50% Series A-4 Cumulative Convertible Preferred Stock. This distribution is payable to shareholders of record on June 17, 2016, payable on June 30, 2016.
Sun Communities owns and operates a portfolio of 234 manufactured home and recreational vehicle communities comprised of 89,583 home sites. ##
(Image credit: Sun Communities, Inc.)
