Sun Stock To Go Ex-dividend Tomorrow (SUI)

NEW YORK ( TheStreet) -- The ex-dividend date for Sun Communities (NYSE: SUI) is tomorrow, July 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 63 cents per share. At a price of $38.96 as of 9:32 a.m. ET, the dividend yield is 6.6%.

The average volume for Sun has been 112,000 shares per day over the past 30 days. Sun has a market cap of $815 million and is part of the financial sector and real estate industry. Shares are up 16.4% year to date as of the close of trading on Wednesday.

Sun Communities, Inc. operates as a real estate investment trust (REIT). It owns, operates, and develops manufactured housing communities in the midwestern, southern, and southeastern United States.
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TheStreet Ratings rates Sun as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full Sun Ratings Report.

See our dividend calendar or top-yielding stocks list.

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