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Braemar Hotels & Resorts Declares Q1 2025 Dividends

Braemar Hotels & Resorts Inc., a publicly traded real estate investment trust (REIT) on the NYSE under the ticker BHR, has made a significant announcement regarding its dividend payments for the first quarter of 2025. The Board of Directors has declared a cash dividend of $0.05 per diluted share for common stock. This translates to an annualized dividend rate of $0.20 per share, indicative of the company's ongoing commitment to its shareholders. The dividend will be payable on April 15, 2025, to stockholders recorded by March 31, 2025.

In addition to the common stock dividends, Braemar has declared cash dividends for its preferred stock series. For the 5.5% Series B Cumulative Convertible Preferred Stock, a dividend of $0.3438 per diluted share has been announced, payable on the same date, with the record date set for March 28, 2025. Moreover, it's worth noting that the 8.25% Series D Cumulative Preferred Stock will see a dividend of $0.5156 per diluted share, also payable on the April 15 date with a record date of March 31.

Further diversifying its dividend offerings, Braemar has announced a monthly dividend for its Series E Redeemable Preferred Stock. Each share will receive a monthly $0.15625 dividend, to be paid on February 18, March 17, and April 15, 2025, to stockholders of record as of January 31, February 28, and March 31, respectively.

The Series M Redeemable Preferred Stock has also seen an announcement of monthly dividends. CUSIPs 10482B705, 10482B887, and 10482B796 will receive $0.17708 per share, following a similar payment scheme on the same dates as the previously mentioned series. Other Series M shares outstanding will receive slightly lower monthly dividends at $0.17500 per share.

As of December 31, 2024, Braemar had approximately 14.9 million shares of Series E Redeemable Preferred Stock and around 1.5 million shares of Series M Redeemable Preferred Stock issued and outstanding, showcasing the company's substantial equity base.

This announcement not only strengthens Braemar's relationship with its investors but also reflects its strategic initiatives within the luxury hotels and resorts segment. Operating in a highly competitive industry, Braemar's ability to consistently offer dividends indicates a resilient business model poised for future growth. The company's focus remains on investment in high-end properties, which serves to enhance both its asset value and shareholder returns.

Smart investors take note; Braemar Hotels & Resorts is making strategic moves that could well be set to provide future financial benefits. With the dividends solidly in place for 2025, shareholders can look forward to potential ongoing rewards as the company continues its focus on luxury real estate investments.

As they navigate the complexities of the market—including risks associated with the real estate industry, economic shifts, and competitive factors—Braemar seems poised to maintain its commitment to dividends, barring unforeseen circumstances that could impact its operations or economic standing. Investors should remain vigilant, however, and consider the broader implications for their portfolios when dealing with company securities.

Overall, this declaration of dividends for the first quarter of 2025 reflects Braemar's understanding of its role in the shareholder ecosystem and emphasizes its commitment to creating value for stakeholders while anticipating future market challenges.