FOR FURTHER INFORMATION AT THE COMPANY:
Karen J. Dearing
Chief Financial Officer
(248) 208-2500
Southfield, MI, December 21, 2012 - Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates manufactured housing and recreational vehicle communities, today announced its Board of Directors declared a quarterly dividend of $0.63 per share of Common Stock for the fourth quarter of 2012. The dividend is payable January 18, 2013 to shareholders of record December 31, 2012.
The Company's Board of Directors also, declared a dividend of $0.30182 per share on the Company's 7.125% Series A Cumulative Redeemable Preferred Stock (NYSE:SUI-PrA), which was issued on November 14, 2012. The dividend payment represents, on an annualized basis, a dividend of $1.78125 per share. The dividend will be paid on January 15, 2013 to shareholders of record on January 2, 2013.
Sun Communities, Inc. is a REIT that currently owns and operates a portfolio of 172 communities comprising approximately 61,725 developed sites.
For more information about Sun Communities, Inc. visit our website at www.suncommunities.com