Sun Communities, Inc.
SUIReal Estate · Stock · quarterly payer
Forward Yield
3.56%
Annual Dividend
$4.32
Payout Ratio
453%
5-Yr Growth
5.1%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of July 2026, Sun Communities, Inc. (SUI) yields 3.56% ($4.32 per share annually), with a blended fair-value estimate of $102.50 — -16% downside, so it screens as overvalued. Dividend safety grade: A (87/100). 9 years of dividend growth.
Is SUI a good dividend stock?
YesSun Communities, Inc. (SUI) pays a quarterly dividend yielding 3.56% ($4.32/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Strong 5.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Elevated payout ratio (453%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.56%
- Payout Ratio
- 453%
- Annual Dividend
- $4.32
- 5-Yr Avg Growth
- 5.1%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 9
- Frequency
- quarterly
- Beta
- 0.79
- Market Cap
- $15.4B
- P/E Ratio
- —
- 5-Yr Total Return
- -40%
- 52-Week Range
- $115.53 – $137.85
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
Frequently Asked Questions
SUI Price — Last 12 Months
Daily close
Price Return
1 Year
-4%
3 Years
-1%
5 Years
-40%
52-Week Range
$115.53 – $137.85
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SUI worth?
Overvaluedlow confidenceOur blended fair-value estimate for Sun Communities, Inc. is $102.50 per share, versus a market price of $121.46. That implies 16% of downside.
Fair Value
$102.50
Current Price
$121.46
Downside
-16%
Margin of Safety
-18%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.3% discount rate (CAPM), 9.3% stage-1 growth, 2.5% terminal growth, -$0.49 EPS, $4.32 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SUI Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $1.1200 | regular |
| Mar 31, 2026 | — | $1.1200 | regular |
| Dec 31, 2025 | — | $1.0400 | regular |
| Sep 30, 2025 | — | $1.0400 | regular |
| Jun 30, 2025 | — | $1.0400 | regular |
| May 14, 2025 | — | $4.0000 | regular |
| Mar 31, 2025 | — | $0.9400 | regular |
| Dec 31, 2024 | — | $0.9400 | regular |
| Sep 30, 2024 | — | $0.9400 | regular |
| Jun 28, 2024 | — | $0.9400 | regular |
| Mar 27, 2024 | — | $0.9400 | regular |
| Dec 28, 2023 | — | $0.9300 | regular |
| Sep 28, 2023 | — | $0.9300 | regular |
| Jun 29, 2023 | — | $0.9300 | regular |
Income Calculator
At $4.32 / yr per share
