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Posts Tagged ‘shareholders of record’

Sun Communities Declares Three Quarterly Dividends

June 7th, 2016 Comments off

sun communnities communityMHProNews has learned from euroinvestor that the board of directors of real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI) has declared a quarterly distribution of $0.65 per share of common stock for Q2 2016. The distribution is payable July 15, 2016 to shareholders of record as of June 30,2016.

Additionally, the board of directors declared a distribution $0.4453125 per share on Sun’s 7.125% Series A Cumulative Redeemable Preferred Stock (NYSE:SUI-PrA), also payable on July 15, 2016 to shareholders on record as of June 30, 2016.

Moreover, the board declared a distribution of $0.40625 per share on the company’s 6.50% Series A-4 Cumulative Convertible Preferred Stock. This distribution is payable to shareholders of record on June 17, 2016, payable on June 30, 2016.

Sun Communities owns and operates a portfolio of 234 manufactured home and recreational vehicle communities comprised of 89,583 home sites. ##

(Image credit: Sun Communities, Inc.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

 

UMH Properties set to Pay Dividends to Shareholders

April 6th, 2016 Comments off

umh communities creditMHProNews has been informed by prnewswire that the board of directors of manufactured home community (MHC) owner and operator UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend of $0.18 per share payable June 15, 2016 to shareholders of record as of May 16, 2016.

Additionally, the board of directors declared a quarterly dividend on its 8.25% Series A Cumulative Redeemable Preferred Stock payable June 15, 2016 of $0.515625 per share to stockholders of record as of May 16,2016. This dividend is for the quarter March 1, 2016 through May 31, 2016.

Also, UMH’s board of directors declared a quarterly dividend of $0.50 per share for its 8.0% Series B Cumulative Redeemable Preferred Stock payable to shareholders of record at the close of business May 16, 2016. Covering the quarter from March 1, 2016 to May 31, 2016, the dividend will be paid June 15, 2016.

A real estate investment trust (REIT), UMH owns and operates 98 manufactured home communities comprised of 17,800 home sites in seven sates. The company also owns a portfolio of REIT securities. ##

(Photo credit: UMH Properties, Inc.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Equity LifeStyle Properties Declares Q1 Dividends

March 9th, 2016 Comments off

equity_lifestyle_propertiesMHProNews has learned the board of directors of Equity LifeStyle Properties (NYSE:ELS) has announced a dividend of $0.425 per common share will be paid on April 8, 2016 to shareholders of record as of March 25, 2016. On an annualized basis this represents a dividend of $1.70 per share.

Moreover, according to businesswire, the board declared a dividend of $0.421875 per depositary share (each representing 1/100 of a share of ELS’ 6.75% Series C Cumulative Redeemable Perpetual Preferred Stock). On an annualized basis this represents a dividend of $1.6875 per share, payable on March 31, 2016 to shareholders on record as of March 10, 2016.

In other news, Gary Waterman, board member since 1993, has announced he will retire from the board of directors May 10, 2016, which will reduce the board members to ten.

Headquartered in Chicago, Equity LifeStyle Properties owns, or has an interest in, 388 manufactured home and recreational vehicle communities comprised of 144,244 home sites in 32 states and British Columbia, Canada. ##

(Image credit: Equity LifeStyle Properties)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Sun Announces Quarterly Dividends for First Quarter, 2016

March 8th, 2016 Comments off

sun communities as of 12-22-2012 owns palm creek golf and rv esort communityMHProNews has learned from euroinvestor that the board of directors of Sun Communities, Inc. (NYSE:SUI) declared a quarterly distribution of $0.65 per share of common stock for Q1 2016, payable April 15 to shareholders of record on March 31, 2016.

The board also declared a quarterly distribution of $0.441325 per share on the Company’s 7.125% Series A Cumulative Redeemable Preferred Stock, payable April 15, 2016 to shareholders of record April 1, 2016.

Additionally, Sun’s Board of Directors declared a distribution of the company’s 6.50% Series A-4 Cumulative Convertible Preferred Stock of $0.40625 per share. This distribution is payable March 31, 2016 to shareholders of record on March 18, 2016.

In trading today on the NYSE Sun’s stock closed down -0.15 percent at $66.88.

Sun Communities is a real estate investment trust (REIT) that owns a portfolio of 231 communities comprised of 88,400 developed home sites, of which 183 are manufactured home communities (MHCs). ##

(Photo credit: Sun Communities, Inc–Palm Creek MH and RV resort)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Sun Communities Declares Stockholder Dividends for Third Quarter

September 8th, 2015 Comments off

sun communnities communityMHProNews has learned from marketwatch that real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI), owner and operator of manufactured home and recreational vehicle communities, has declared a quarterly distribution of $0.65 per share of common stock for Q3 2015, payable Oct. 16, 2015 to shareholders of record as of Sept. 30, 2015.

Sun’s board of directors also declared a distribution of 0.4453125 per share on the Company’s 7.125% Series A Cumulative Redeemable Preferred Stock to shareholders of record on Oct. 1, 2015, payable Oct.15, 2015.

Moreover, on the Company’s 6.50% Series A-4 Cumulative Convertible Preferred Stock, the board declared a distribution of $0.40625 per share payable on Sept. 30, 2015 to shareholders of record on Sept. 18, 2015.

Based in Southfield, Michigan, Sun owns and operates 251 MH and RV communities in the U. S. comprised of 93,360 developed sites. As MHProNews reported July 29, 2015, Sun is the second largest REIT in the manufactured housing sector, and recently acquired a 59 community portfolio from American Land Lease. ##

(Photo credit: Sun Communities, Inc.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Sun Declares Dividends on Common and Preferred Stocks

June 5th, 2015 Comments off

sun communnities communityManufactured Home (MH) and Recreational Vehicle (RV) community owner Sun Communities, Inc. (NYSE:SUI) of Southfield, Michigan has declared a quarterly distribution of $0.65 per share of common stock for Q2 2015, payable July 17, 2015 to shareholders of record as of June 30, 2015.

The company’s board of directors also declared a distribution of $0.4453125 per share on the company’s 7.125 percent Series A Cumulative Redeemable Preferred stock payable July 15, 2015 to shareholders of record as of July 1, 2015, according to marketwatch.

The board also announced a distribution of $0.40625 per share on the 6.50 percent Series A-4 Cumulative Convertible Preferred stock, payable June 30, 2015 to shareholders on record as of June 19, 2015.

MHProNews knows Sun, which is a real estate investment trust (REIT), owns and operates 251 MH and RV communities comprised of 93,100 developed sites. The stock closed down -0.35 percent at $62.74 in yesterday’s trading. ##

(Photo credit: Sun Communities, Inc.)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Drew Board Authorizes Special Dividend for Shareholders

March 17th, 2015 Comments off

drew_ind_2_logoMHProNews has learned from prnewswire that the board of directors of Drew Industries, of Elkhart, Indiana, has declared a special dividend of $2.00 per share of common stock. The dividend is payable April 10, 2015 to shareholders of record as of March 27, 2015.

Drew is a supplier of components to the manufactured housing and recreational vehicle industries through its wholly-owned subsidiary, Lippert Components.

Drew’s CEO, Jason Lippert, said, We are pleased to demonstrate our continued commitment to shareholder value through this special dividend. It reflects the board’s confidence in the company’s consistent financial performance and in its long-term strategic goals.

Added Joe Giordano, Drew’s CFO and Treasurer, Our strong balance sheet and consistent cash flow positions us to continue to successfully execute on our strategy to grow sales through acquisitions, greater market share, and innovative new products.

Drew provides a multitude of components for both industries through 38 factories strategically located around the U. S. ##

(Image credit: Drew Industries)

matthew-silver-daily-business-news-mhpronews-com   Article submitted by Matthew J. Silver to Daily Business News-MHProNews.