How Sun Communities (SUI) Uses Special Dividends to Enhance Shareholder Value Post-Marina Sale
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最新报道：Sun Communities announced a special dividend of $1.50 per share following the sale of its marina properties, boosting shareholder returns. The real estate investment trust (REIT) completed the divestiture of 27 marinas for approximately $1.1 billion, with proceeds used to reduce debt and fund growth initiatives. CEO Gary Shiffman emphasized the transaction aligns with the company's strategy to optimize its portfolio. The special dividend, payable on November 30 to shareholders of record as of November 15, supplements Sun Communities' regular quarterly dividend of $0.93 per share. The company maintains its 2023 guidance, projecting funds from operations (FFO) between $7.62 and $7.82 per share.
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