How Sun Communities (SUI) Supports Investors with Special Dividends

Sun Communities, Inc. (NYSE:SUI) is included among the 14 Stocks that Paid Special Dividends in 2025.

How Sun Communities (SUI) Supports Investors with Special Dividends

An aerial view of a REIT-developed multi-housing property.

Founded in 1975, Sun Communities, Inc. (NYSE:SUI) became a publicly traded company in December 1993. It operates as a fully integrated real estate investment trust (REIT). As of March 31, 2025, the company owned, managed, or held interests in a portfolio of 502 developed properties for manufactured housing (MH), recreational vehicles (RV), and communities in the UK, totaling around 174,850 developed sites across the US, Canada, and the United Kingdom.

On May 6, Sun Communities, Inc. (NYSE:SUI) declared a 10.6% hike in its quarterly dividend to $1.04 per share. This marked the company’s ninth consecutive year of dividend growth. The Board of Directors also approved a one-time special cash payout of $4.00 for each common share and unit, totaling around $520 million. SUI offers a quarterly dividend of 3.44%, as of July 23.

While we acknowledge the potential of SUI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SUI and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best Dividend Stocks to Buy Under $20 and 11 Best Halal Dividend Stocks to Buy Now

Disclosure: None.