Braemar Hotels & Resorts Announce Dividends for Q2 2025
Braemar Hotels & Resorts Declares Q2 2025 Dividends
On April 10, 2025, Braemar Hotels & Resorts Inc., operating under the NYSE ticker BHR, made a significant announcement regarding their financial strategy for the coming months. The company's Board of Directors declared a quarterly cash dividend for both common and preferred stock, reflecting confidence in their ongoing business operations and financial health.
Details of the Dividends
The Board confirmed a cash dividend of $0.05 per share for its common stock for the second quarter that ends on June 30, 2025. This sets an annual dividend rate of $0.20 per share. Shareholders of record by June 30 will receive their cash dividend on July 15, 2025. This declaration demonstrates Braemar's commitment to delivering consistent returns to its investors.
In addition to dividends for common stock, specific rates for preferred stocks were also announced. For the 5.5% Series B Cumulative Convertible Preferred Stock, the Board declared a dividend of $0.3438 per diluted share, set to be paid alongside the common stock dividend on July 15.
Further, the 8.25% Series D Cumulative Preferred Stock will yield a quarterly cash dividend of $0.5156, ensuring that multiple dividend streams are scheduled for their shareholders.
In addition to the quarterly dividends, Braemar introduced a monthly cash dividend for its Series E Redeemable Preferred Stock, which is $0.15625 per share. Payments are scheduled for May 15, June 16, and July 15, 2025, with record dates preceding each payment. Monthly dividends were also set for its Series M Redeemable Preferred Stock at varying rates for different CUSIPs, strategically designed to optimize shareholder returns into the next quarter.
Share Structure Insights
As of March 31, 2025, Braemar has 13,909,632 shares of their Series E and 1,459,040 shares of their Series M Redeemable Preferred Stock outstanding. The focus on a diversified dividend structure reflects their operational strength and commitment to investor relations.
About Braemar Hotels & Resorts
Braemar Hotels & Resorts Inc. specializes in real estate investments, primarily targeting luxury hotels and resorts to enhance its portfolio. The ongoing dividend declarations suggest a robust strategy aimed at generating consistent income for their shareholders, emphasizing their growth potential in the competitive hospitality sector.
Braemar’s proactive stance amidst market conditions not only fortifies its position but also instills investor confidence. As the company navigates the complexities of the financial landscape, these dividends mark a reassuring signal of fiscal responsibility and foresight.
Forward-Looking Statements
It's essential for investors to understand the nature of forward-looking statements that Braemar has included regarding the potential future performance and operational strategies of the company. These statements come with several assumptions and are subject to various risks and uncertainties, particularly in relation to market conditions and the economic outlook.
Given these variables, stakeholders are encouraged to consider the inherent risks before making investment decisions revolving around Braemar’s securities. The company’s ability to adapt to new realities will be crucial in upholding its dividend policies and continued commitment to shareholders in the years to come.