REIT note: for real-estate investment trusts the net-income payout ratio overstates the dividend, because large non-cash depreciation depresses GAAP earnings. REITs are evaluated on FFO / AFFO payout (the industry standard) and on the FCF payout — a payout above 100% here is normal for a REIT and is not, by itself, a sign the dividend is unsafe.
Dividend Payout Ratio: 38.50%
Is the dividend payout ratio high or low?
The dividend payout ratio of 38.50% is 80% below its 5-year average of 191.94%, near the low end of its 5-year range (38.50%–606.45%).
As of Sunday, June 28, 2026. 51.57% below its 12-month average of 79.49%.
Dividend Payout Ratio (38.50%) = TTM Dividends/Share ($4.24) / TTM EPS ($11.01)
SUI Dividend Payout Ratio (TTM)
SUI Dividend Payout Ratio (TTM) Chart
38.50%
-49.96% 1Y
SUI Dividend Payout Ratio
SUI Average Dividend Payout Ratio Chart
SUI Dividend Payout Ratio
SUI Current vs Average Dividend Payout Ratio Chart
SUI Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
38.50%
DIVIDEND PAYOUT RATIO AVG TTM
79.49%
DIVIDEND PAYOUT RATIO AVG 3Y
227.34%
DIVIDEND PAYOUT RATIO AVG 5Y
160.73%
DIVIDEND PAYOUT RATIO AVG 10Y
202.38%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-51.57%
CURRENT VS 3Y AVG
-83.06%
CURRENT VS 5Y AVG
-76.05%
CURRENT VS 10Y AVG
-80.98%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $10.84 | $8.06 | 74.4% |
| 2024 | $0.71 | $3.76 | 529.6% |
| 2023 | ($1.73) | $3.72 | N/A (Loss) |
| 2022 | $2.00 | $3.52 | 176.0% |
| 2021 | $3.36 | $3.32 | 98.8% |
| 2020 | $1.34 | $3.16 | 235.8% |
| 2019 | $1.83 | $3.00 | 163.9% |
| 2018 | $1.32 | $2.84 | 215.2% |
| 2017 | $0.85 | $2.68 | 315.3% |
| 2016 | $0.27 | $2.60 | 963.0% |
| 2015 | $2.53 | $2.60 | 102.8% |
| 2014 | $0.54 | $2.60 | 481.5% |
| 2013 | $0.31 | $2.52 | 812.9% |
| 2012 | $0.19 | $2.52 | N/A |
| 2011 | ($0.05) | $3.15 | N/A (Loss) |
| 2010 | ($0.15) | $2.52 | N/A (Loss) |
| 2009 | ($0.34) | $2.52 | N/A (Loss) |
| 2008 | ($1.90) | $2.52 | N/A (Loss) |
| 2007 | ($0.93) | $2.52 | N/A (Loss) |
| 2006 | ($1.42) | $2.52 | N/A (Loss) |
| 2005 | ($0.31) | $2.50 | N/A (Loss) |
| 2004 | ($2.22) | $2.44 | N/A (Loss) |
| 2003 | $0.75 | $2.41 | 321.3% |
| 2002 | $0.68 | $2.29 | 336.8% |
| 2001 | $1.96 | $2.18 | 111.2% |
| 2000 | $1.92 | $2.10 | 109.4% |
| 1999 | $1.69 | $1.53 | 90.5% |
| 1998 | $1.55 | $2.43 | 156.8% |
| 1997 | $1.38 | $1.86 | 135.1% |
| 1996 | $0.85 | $1.81 | 212.9% |
Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Sun Communities, Inc. (SUI)?
- The dividend payout ratio for SUI stock is 38.50%.
- Is Sun Communities, Inc.'s dividend payout ratio high or low?
- The dividend payout ratio of 38.50% is 80% below its 5-year average of 191.94%, near the low end of its 5-year range (38.50%–606.45%).
- What is the TTM average dividend payout ratio for Sun Communities, Inc. (SUI)?
- The TTM average dividend payout ratio for SUI stock is 79.49%.
- What is the 3Y average dividend payout ratio for Sun Communities, Inc. (SUI)?
- The 3Y average dividend payout ratio for SUI stock is 227.34%.
- What is the 5Y average dividend payout ratio for Sun Communities, Inc. (SUI)?
- The 5Y average dividend payout ratio for SUI stock is 160.73%.
- What is the 10Y average dividend payout ratio for Sun Communities, Inc. (SUI)?
- The 10Y average dividend payout ratio for SUI stock is 202.38%.
SUI Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-26 | 38.50% |
| 2026-06-25 | 38.51% |
| 2026-06-23 | 38.50% |
| 2026-06-18 | 38.51% |
| 2026-06-16 | 38.51% |
| 2026-06-12 | 38.51% |
| 2026-06-10 | 38.50% |
| 2026-06-08 | 38.52% |
| 2026-06-04 | 38.50% |
| 2026-06-02 | 38.50% |
| 2026-05-29 | 38.50% |
| 2026-05-27 | 38.50% |
| 2026-05-22 | 38.50% |
| 2026-05-20 | 38.51% |
| 2026-05-18 | 38.52% |
| 2026-05-14 | 38.51% |
| 2026-05-12 | 74.87% |
| 2026-05-08 | 74.85% |
| 2026-05-06 | 74.86% |
| 2026-05-04 | 74.83% |
| 2026-04-30 | 74.83% |
| 2026-04-28 | 74.82% |
| 2026-04-24 | 76.73% |
| 2026-04-22 | 76.70% |
| 2026-04-20 | 76.74% |
| 2026-04-16 | 76.73% |
| 2026-04-14 | 76.73% |
| 2026-04-10 | 76.73% |
| 2026-04-08 | 76.75% |
| 2026-04-06 | 76.70% |
| 2026-04-01 | 76.72% |
| 2026-03-30 | 75.04% |
| 2026-03-26 | 75.03% |
| 2026-03-24 | 75.05% |
| 2026-03-20 | 75.08% |
| 2026-03-18 | 75.03% |
| 2026-03-16 | 75.08% |
| 2026-03-12 | 75.05% |
| 2026-03-10 | 75.03% |
| 2026-03-06 | 75.05% |
| 2026-03-04 | 75.05% |
| 2026-03-02 | 75.03% |
| 2026-02-26 | 75.03% |
| 2026-02-24 | 101.03% |
| 2026-02-20 | 101.02% |
| 2026-02-18 | 101.01% |
| 2026-02-13 | 101.00% |
| 2026-02-11 | 101.03% |
| 2026-02-09 | 100.98% |
| 2026-02-05 | 101.01% |
| 2026-02-03 | 101.03% |
| 2026-01-30 | 101.01% |
| 2026-01-28 | 101.03% |
| 2026-01-26 | 101.00% |
| 2026-01-22 | 101.03% |
| 2026-01-20 | 101.01% |
| 2026-01-15 | 100.97% |
| 2026-01-13 | 100.99% |
| 2026-01-09 | 100.98% |
| 2026-01-07 | 100.98% |
| 2026-01-05 | 101.00% |
| 2025-12-31 | 101.02% |
| 2025-12-29 | 99.74% |
| 2025-12-24 | 99.78% |
| 2025-12-22 | 99.77% |
| 2025-12-18 | 99.72% |
| 2025-12-16 | 99.73% |
| 2025-12-12 | 99.73% |
| 2025-12-10 | 99.78% |
| 2025-12-08 | 99.75% |
| 2025-12-04 | 99.77% |
| 2025-12-02 | 99.77% |
| 2025-11-28 | 99.78% |
| 2025-11-25 | 99.78% |
| 2025-11-21 | 99.76% |
| 2025-11-19 | 99.75% |
| 2025-11-17 | 99.73% |
| 2025-11-13 | 99.76% |
| 2025-11-11 | 99.73% |
| 2025-11-07 | 99.77% |
| 2025-11-05 | 99.75% |
| 2025-11-03 | 99.72% |
| 2025-10-30 | 99.77% |
| 2025-10-28 | 77.86% |
| 2025-10-24 | 77.89% |
| 2025-10-22 | 77.86% |
| 2025-10-20 | 77.90% |
| 2025-10-16 | 77.87% |
| 2025-10-14 | 77.87% |
| 2025-10-10 | 77.86% |
| 2025-10-08 | 77.90% |
| 2025-10-06 | 77.91% |
| 2025-10-02 | 77.87% |
| 2025-09-30 | 77.87% |
| 2025-09-26 | 76.90% |
| 2025-09-24 | 76.89% |
| 2025-09-22 | 76.90% |
| 2025-09-18 | 76.88% |
| 2025-09-16 | 76.91% |
| 2025-09-12 | 76.91% |
| 2025-09-10 | 76.88% |
| 2025-09-08 | 76.89% |
| 2025-09-04 | 76.89% |
| 2025-09-02 | 76.93% |
| 2025-08-28 | 76.93% |
| 2025-08-26 | 76.92% |
| 2025-08-22 | 76.90% |
| 2025-08-20 | 76.91% |
| 2025-08-18 | 76.93% |
| 2025-08-14 | 76.93% |
| 2025-08-12 | 76.89% |
| 2025-08-08 | 76.89% |
| 2025-08-06 | 76.91% |
| 2025-08-04 | 76.89% |
| 2025-07-31 | 76.93% |
| 2025-05-13 | 606.44% |
| 2025-05-09 | 606.44% |
| 2025-05-07 | 606.45% |
| 2025-05-05 | 508.12% |
| 2025-05-01 | 508.11% |
| 2025-04-29 | 508.10% |
| 2025-04-25 | 508.12% |
| 2025-04-23 | 508.11% |
| 2025-04-21 | 508.12% |
| 2025-04-16 | 508.11% |
| 2025-04-14 | 508.11% |
| 2025-04-10 | 508.11% |
| 2025-04-08 | 508.10% |
| 2025-04-04 | 508.10% |
| 2025-04-02 | 508.11% |
| 2025-03-31 | 508.11% |
| 2025-03-27 | 381.08% |
| 2025-03-25 | 508.10% |
| 2025-03-21 | 508.11% |
| 2025-03-19 | 508.10% |
| 2025-03-17 | 508.10% |
| 2025-03-13 | 508.12% |
| 2025-03-11 | 508.10% |
| 2025-03-07 | 508.11% |
| 2025-03-05 | 508.10% |
| 2025-03-03 | 508.09% |
| 2025-02-27 | 202.16% |
| 2025-02-25 | 202.16% |
| 2025-02-21 | 202.15% |
| 2025-02-19 | 202.15% |
| 2025-02-14 | 202.15% |
| 2025-02-12 | 202.16% |
| 2025-02-10 | 202.15% |
| 2025-02-06 | 202.15% |
| 2025-02-04 | 202.14% |
| 2025-01-31 | 202.15% |
| 2025-01-29 | 202.16% |
| 2025-01-27 | 202.15% |
| 2025-01-23 | 202.14% |
| 2025-01-21 | 202.15% |
| 2025-01-16 | 202.15% |
| 2025-01-14 | 202.14% |
| 2025-01-10 | 202.15% |
| 2025-01-07 | 202.15% |
| 2025-01-03 | 202.14% |
| 2024-12-31 | 202.14% |
| 2024-12-27 | 151.60% |
| 2024-12-24 | 201.62% |
| 2024-12-20 | 201.60% |
| 2024-12-18 | 201.62% |
| 2024-12-16 | 201.61% |
| 2024-12-12 | 201.62% |
| 2024-12-10 | 201.60% |
| 2024-12-06 | 201.62% |
| 2024-12-04 | 201.60% |
| 2024-12-02 | 201.61% |
| 2024-11-27 | 201.62% |
| 2024-11-25 | 201.61% |
| 2024-11-21 | 201.62% |
| 2024-11-19 | 201.61% |
| 2024-11-15 | 201.61% |
| 2024-11-13 | 201.60% |
| 2024-11-11 | 201.60% |
| 2024-11-07 | 201.62% |
| 2024-11-05 | 436.06% |
| 2024-11-01 | 436.04% |
| 2024-10-30 | 436.04% |
| 2024-10-28 | 436.05% |
| 2024-10-24 | 436.04% |
| 2024-10-22 | 436.04% |
| 2024-10-18 | 436.05% |
| 2024-10-16 | 436.04% |
| 2024-10-14 | 436.04% |
| 2024-10-10 | 436.05% |
| 2024-10-08 | 436.04% |
| 2024-10-04 | 436.06% |
| 2024-10-02 | 436.06% |
| 2024-09-30 | 436.04% |
| 2024-09-26 | 434.89% |
| 2024-09-24 | 434.87% |
| 2024-09-20 | 434.88% |
| 2024-09-18 | 434.89% |
| 2024-09-16 | 434.88% |
| 2024-09-12 | 434.88% |
| 2024-09-10 | 434.89% |
| 2024-09-06 | 434.89% |
| 2024-09-04 | 434.88% |
| 2024-08-30 | 434.90% |
| 2024-08-28 | 434.88% |
| 2024-08-26 | 434.87% |
| 2024-08-22 | 434.90% |
| 2024-08-20 | 434.88% |
| 2024-08-16 | 434.89% |
| 2024-08-14 | 434.88% |
| 2024-08-12 | 434.87% |
| 2024-08-08 | 434.89% |
| 2024-08-06 | 434.89% |
| 2024-08-02 | 434.89% |
| 2024-07-31 | 322.41% |
| 2024-07-29 | 322.40% |
| 2024-07-25 | 322.41% |
| 2024-07-23 | 322.41% |
| 2024-07-19 | 322.42% |
| 2024-07-17 | 322.42% |
| 2024-07-15 | 322.42% |
| 2024-07-11 | 322.40% |
| 2024-07-09 | 322.42% |
| 2024-07-05 | 322.40% |
| 2024-07-02 | 322.40% |
| 2024-06-28 | 322.41% |
| 2024-06-26 | 321.56% |
| 2024-06-24 | 321.54% |
| 2024-06-20 | 321.56% |
| 2024-06-17 | 321.54% |
| 2024-06-13 | 321.55% |
| 2024-06-11 | 321.56% |
| 2024-06-07 | 321.56% |
| 2024-06-05 | 321.56% |
| 2024-06-03 | 321.56% |
| 2024-05-30 | 321.55% |
| 2024-05-28 | 321.54% |
| 2024-05-23 | 321.54% |
| 2024-05-21 | 321.54% |
| 2024-05-17 | 321.56% |
| 2024-05-15 | 321.55% |
| 2024-05-13 | 321.56% |
| 2024-05-09 | 321.55% |
| 2024-05-07 | 321.55% |
| 2024-05-03 | 321.55% |
| 2024-05-01 | 333.05% |
| 2024-04-29 | 333.04% |
| 2024-04-25 | 333.04% |
| 2024-04-23 | 333.04% |
| 2024-04-19 | 333.03% |
| 2024-04-17 | 333.02% |
| 2024-04-15 | 333.04% |
| 2024-04-11 | 333.03% |
| 2024-04-09 | 333.02% |
| 2024-04-05 | 333.04% |
| 2024-04-03 | 333.03% |
| 2024-04-01 | 333.04% |
| 2024-03-27 | 416.08% |
| 2024-03-25 | 332.14% |
| 2024-03-21 | 332.13% |
| 2024-03-19 | 332.14% |
Showing the most recent 260 of 1,566 data points. The chart above shows the full history.
About Sun Communities, Inc.
Sun Communities, Inc., a Real Estate Investment Trust (REIT), possessed or managed a substantial portfolio of 603 developed manufactured housing, RV, and marina properties as of March 31, 2022. These holdings comprised nearly 159,300 individual developed sites and over 45,700 wet slips and dry storage spaces. Its operational reach spans 39 U.S. states, Canada, Puerto Rico, and the UK.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Charles D. Young