Better Dividend Stock: Equity LifeStyle Properties vs. Sun Communities

From Nasdaq: 2025-01-29 06:24:00

Investing in manufactured home communities, like those owned by Sun Communities (NYSE: SUI) and Equity LifeStyle Properties (NYSE: ELS), can be a lucrative strategy due to their resilience and consistent demand. These real estate investment trusts (REITs) offer attractive dividends that have grown over the years, making them appealing for dividend income investors. Equity LifeStyle has a stronger balance sheet and faster dividend growth, making it the better buy for long-term investors seeking higher total returns and potential income growth.

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