Braemar Hotels & Resorts Announces Monthly Preferred Dividends for March 2026
Braemar Hotels & Resorts Announces Monthly Preferred Dividends
On March 24, 2026, Braemar Hotels & Resorts Inc., publicly traded on the NYSE under the symbol BHR, made a noteworthy announcement regarding its financial commitments to shareholders. The company's Board of Directors has declared several monthly preferred dividends for March 2026, highlighting Braemar's continued financial health and dedication to its investors.
The company has set a cash dividend for its 5.5% Series B Cumulative Convertible Preferred Stock, amounting to $0.1146 per diluted share. This sum is particularly significant as it will be combined with previous dividends set aside for February and January, amounting to a total of $0.3438 per share. The payment for this dividend will be distributed on April 15, 2026, to stockholders whose names are on the record as of March 30, 2026.
In addition to Series B, Braemar has also declared dividends for its 8.25% Series D Cumulative Preferred Stock. This stock will deliver a enhanced dividend of $0.17186 per diluted share, which also comes with its own cumulative catch-up from the previous months, leading to a total of $0.5156 to be distributed on the same date of April 15, 2026, to stockholders of record as of March 31, 2026.
Furthermore, for its Series E Redeemable Preferred Stock, Braemar announced a monthly cash dividend of $0.15625 per share, also scheduled for payment on April 15, 2026, directing the funds to stockholders recorded by March 31, 2026.
For Series M Redeemable Preferred Stock, shareowners can expect $0.17917 per share for certain CUSIPs (10482B705, 10482B887, and 10482B796), payable on April 15, 2026. Other CUSIPs in the Series M will return $0.17708 per share for the same pay date, also to be distributed to stockholders of record as of March 31, 2026.
According to their latest report as of February 28, 2026, Braemar has 11,528,242 shares of Series E Redeemable Preferred Stock and 1,382,407 shares of Series M Redeemable Preferred Stock outstanding. Such detailed financial initiatives indicate steadfast confidence in Braemar's investment strategies and operational strength in the luxury hotel and resort sector.
About Braemar Hotels & Resorts
Braemar Hotels & Resorts Inc. sits at the forefront of the luxury hotel and resort investment landscape as a Real Estate Investment Trust (REIT). With an emphasis on high-performing assets, the company primarily focuses on properties that achieve revenue per available room (RevPAR) significantly above national averages. Throughout the United States and its Caribbean territories, Braemar boasts a portfolio of premier properties, serving a market eager for high-quality hospitality experiences. Supported by external advisement from Ashford Hospitality Advisors LLC, the company employs strategic asset management to maintain its industry-leading performance.
As stated in their communications, Braemar has invoked a forward-looking statement posture regarding operational strategies and financial projections. They caution stakeholders about inherent risks associated with shifting business conditions, indicating that expectations may adjust accordingly based on fluctuating factors beyond immediate control.
The financial landscape for Braemar not only underscores their present viability but also sets the stage for prospective growth, making them a significant player worth watching in the high-end accommodation market.