#United States #Dallas #Real Estate Investment Trust #Braemar Hotels #Preferred Dividends

Braemar Hotels & Resorts Declares Monthly Preferred Dividends for May 2026

On May 21, 2026, Braemar Hotels & Resorts Inc. (NYSE: BHR) made an important announcement regarding the distribution of dividends to its stockholders. The company's Board of Directors has declared preferred dividends, reassuredly supporting the financial benefits to its shareholders.

The Board has decided on a cash dividend distribution related to its 5.5% Series B Cumulative Convertible Preferred Stock, which will amount to $0.1146 per diluted share. These payments are expected to be disbursed on July 15, 2026, to stockholders registered as of June 30, 2026. This represents one-third of the full quarterly dividend captured monthly, with actual payments occurring on a quarterly basis.

Additionally, the Board has declared a cash dividend for its 8.25% Series D Cumulative Preferred Stock, set at $0.17187 per diluted share. This, too, is payable on July 15, 2026, to stockholders of record as of June 30, 2026. Similar to the Series B stock, one-third of the quarterly dividend will be set aside each month, but payment will happen quarterly.

Further reinforcing their commitment, the Board announced a monthly cash dividend for the Series E Redeemable Preferred Stock at $0.15625 per share, which will be paid on June 15, 2026, to those registered as of May 29, 2026. This structured approach extends to the Series M Redeemable Preferred Stock as well, with different rates specified for several CUSIPs. Specifically, CUSIPs 10482B705, 10482B887, 10482B796, and 10482B861 will each receive $0.17917 per share, while the remaining CUSIPs will receive $0.17708 per share, also payable on June 15, 2026, to stockholders recorded as of May 29, 2026.

As of the latest report from April 30, 2026, the company had 11,146,482 shares of Series E Redeemable Preferred Stock and 1,373,463 shares of Series M Redeemable Preferred Stock currently issued and outstanding. These figures signify robust participation and interest from investors.

About Braemar Hotels & Resorts Inc.

Braemar Hotels & Resorts Inc. operates as a Real Estate Investment Trust (REIT) that focuses primarily on the rapidly growing luxury hotel and resort industry. With a strategic aim to acquire high-performance properties, the company prioritizes luxury urban and resort locations. Properties within its portfolio are targeted to achieve revenue per available room (RevPAR) figures that are at least double the national average, signifying significant revenue potential.

The company's diverse portfolio features premium properties across the United States and its Caribbean territories, backed by solid industry knowledge and management expertise through external advisement from Ashford Hospitality Advisors LLC. Their well-structured approach to asset management has been a critical driver of their impressive market performance.

Looking Ahead

Investors are encouraged to remain mindful of the forward-looking statements made by Braemar Hotels & Resorts Inc. As markets fluctuate and external factors evolve, the company's anticipated strategies and performance metrics may change. Hence, potential investors are advised to consider these variables thoroughly before finalizing investment decisions.

In conclusion, Braemar Hotels & Resorts once again demonstrates its dedication to its shareholders with the latest declaration of dividends, potentially enhancing investor confidence in the company’s ongoing financial strategies and operational effectiveness.