SOUTHFIELD, Mich., Jan. 5 --PRNewswire-- Sun Communities, Inc. (NYSE:
SUI), a real estate investment trust (REIT) that owns and operates
manufactured housing communities, today announced its Board of Directors
declared a quarterly dividend of $0.63 per share for the fourth quarter of 2009.
The dividend is payable January 25, 2010 to shareholders of record January 15,
2010. Sun Communities has 18.8 million shares outstanding.
Sun Communities, Inc. is a real estate investment trust
(REIT) that currently owns and operates a portfolio of 136 communities
comprising approximately 47,600 developed sites.
FORWARD LOOKING STATEMENTS
This press release contains various
"forward-looking statements" within the meaning of the Securities Act of 1933
and the Securities Exchange Act of 1934, and the Company intends that such
forward-looking statements will be subject to the safe harbors created thereby.
The words "will," "may," "could," "expect," "anticipate," "believes," "intends,"
"should," "plans," "estimates," "approximate" and similar expressions identify
these forward-looking statements. These forward-looking statements reflect
the Company's current views with respect to future events and financial
performance, but involve known and unknown risks and uncertainties, both general
and specific to the matters discussed in this press release. These risks and
uncertainties may cause the actual results of the Company to be materially
different from any future results expressed or implied by such forward-looking
statements. Such risks and uncertainties include the ability of manufactured
home buyers to obtain financing, the level of repossessions by manufactured home
lenders and those referenced under the headings entitled "Factors That May
Affect Future Results" or "Risk Factors" contained in the Company's filings with
the Securities and Exchange Commission. The forward-looking statements contained
in this press release speak only as of the date hereof and the Company expressly
disclaims any obligation to provide public updates, revisions or amendments to
any forward- looking statements made herein to reflect changes in the Company's
expectations of future events.
SOURCE Sun Communities, Inc.
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Sun Communities Declares Fourth Quarter 2009 Dividend
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