Sun is Shining

SeekingAlpha tells MHProNews MHC owner Sun Communities, Inc. ranks number five of the REITS (real estate investment trusts)in the tax advantaged and high yield sector with a 5.56% annual yield. The Dow Jones REIT Index peaked at 356 in 2007, dropped to 86 two years later, and came back to 280. Sun owns 159 properties, 141 of which are manufactured home communities. 49 percent of the 2012 dividend was taxable. Sun closed up +0.88% Friday at 45.69.

(Image credit: Sun Communities, Inc.)

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