The company’s board of directors also declared a distribution of $0.4453125 per share on the company’s 7.125 percent Series A Cumulative Redeemable Preferred stock payable July 15, 2015 to shareholders of record as of July 1, 2015, according to marketwatch.
The board also announced a distribution of $0.40625 per share on the 6.50 percent Series A-4 Cumulative Convertible Preferred stock, payable June 30, 2015 to shareholders on record as of June 19, 2015.
MHProNews knows Sun, which is a real estate investment trust (REIT), owns and operates 251 MH and RV communities comprised of 93,100 developed sites. The stock closed down -0.35 percent at $62.74 in yesterday’s trading. ##
(Photo credit: Sun Communities, Inc.)
