Sun Communities Distributions > Earnings increased by 6.4% to $2.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $2.94B to $2.80B. Over 5 years (FY 2021 to FY 2026), Distributions > Earnings shows an upward trend with a 11.4% CAGR.
High levels are expected for REITs due to depreciation; however, excessive growth may warrant scrutiny of cash flow sustainability.
This represents the cumulative amount of dividends paid to shareholders that exceeds the company's cumulative net income...
This is a standard line item for REITs and is analyzed alongside Funds From Operations (FFO) to assess dividend coverage.
reit_distributions_in_excess| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.63B | $1.61B | $1.48B | $1.56B | $1.65B | $1.68B | $1.63B | $1.73B | $1.89B | $2.21B | $2.20B | $2.40B | $2.54B | $2.60B | $2.43B | $2.78B | $2.94B | $2.38B | $2.62B | $2.63B | $2.80B |
| QoQ Change | — | -1.0% | -8.6% | +5.4% | +6.3% | +1.8% | -3.3% | +6.3% | +9.2% | +17.0% | -0.3% | +8.8% | +6.0% | +2.5% | -6.6% | +14.1% | +5.9% | -19.0% | +9.9% | +0.8% | +6.4% |
| YoY Change | — | — | — | — | +1.4% | +4.4% | +10.4% | +11.3% | +14.2% | +31.2% | +35.3% | +38.5% | +34.4% | +17.8% | +10.4% | +15.8% | +15.7% | -8.6% | +7.5% | -5.1% | -4.6% |