Real Estate Investment Trust (REIT) Sun Communities, Inc. has declared a quarterly dividend of $0.63 a share for the third quarter, payable Oct. 19, 2012 to shareholders of record Oct. 10, 2012. The company has 29.7 million shares outstanding, according to Yahoo!Finance. Based in Southfield, Mich., MHProNews understands Sun owns and operates 164 manufactured housing and recreational vehicle communities comprising over 57,000 developed sites, making it one of the largest LLC owners in the nation.

(Image credit: Sun Communities, Inc.)