Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Sun Communities, Inc. (SUI) will trade ex-dividend, for its quarterly dividend of $0.63, payable on 7/19/13. As a percentage of SUI's recent stock price of $46.95, this dividend works out to approximately 1.34%, so look for shares of Sun Communities, Inc. to trade 1.34% lower — all else being equal — when SUI shares open for trading on 6/26/13.
Below is a dividend history chart for SUI, showing historical dividends prior to the most recent $0.63 declared by Sun Communities, Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SUI is likely to continue, and whether the current estimated yield of 5.37% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SUI shares, versus its 200 day moving average:Looking at the chart above, SUI's low point in its 52 week range is $36.15 per share, with $57.78 as the 52 week high point — that compares with a last trade of $47.09.
According to the ETF Finder at ETF Channel, SUI makes up 3.21% of the KBW Premium Yield Equity REIT Portfolio ETF (KBWY) which is trading lower by about 2.2% on the day Monday. In Monday trading, Sun Communities, Inc. shares are currently down about 2.2% on the day.
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