Manufactured housing community owner Sun Communities, Inc. (NYSE:SUI) announces a quarterly dividend of $0.63 per share for investors of record as of June 28, 2013, payable on July 19, 2013. Represents a dividend yield of 5.06 percent, according to watchlistnews, with an ex-dividend date of June 26. With a 50-day moving average of $51. per share, sun has a market cap of $1.844 billion and a profit-to-earnings ratio of 266.15. The stock closed Wed., June 19 at 46.81. As MHProNews understands, Sun is a real estate investment trust (REIT) that owns 185 manufactured housing communities comprised of 67,380 developed sites.

(Photo credit: Sun Communities, Inc.)