Braemar Hotels & Resorts Announces Monthly Preferred Dividends for April 2026
In a significant financial announcement this month, Braemar Hotels & Resorts Inc. (NYSE: BHR) has revealed its decision to declare monthly preferred dividends for April 2026. This declaration, made by the Board of Directors, pertains to several series of preferred stock held by shareholders.
The Board has set aside a cash dividend category specifically for its 5.5% Series B Cumulative Convertible Preferred Stock. The amount payable is $0.1146 per diluted share, scheduled for distribution on July 15, 2026. This dividend represents one-third of the total quarterly dividend, which is accumulated on a monthly basis but disbursed quarterly. Similarly, the 8.25% Series D Cumulative Preferred Stock will see a dividend of $0.17187 per diluted share, also payable on July 15, to stockholders recorded as of June 30, 2026.
Additionally, for holders of the Series E Redeemable Preferred Stock, a dividend of $0.15625 per share is slated for payment on May 15, 2026, marking another consistent return for investors.
Further announcements include monthly cash dividends for selected CUSIPs of the Series M Redeemable Preferred Stock. Specifically, dividends of $0.17917 per share will be disbursed for certain series on May 15, similarly paid to stockholders recorded by April 30, 2026. Remaining CUSIPs of the Series M will be allocated $0.17708 each, reflecting Braemar's commitment to providing dividends across various stock categories.
As of the close on March 31, 2026, Braemar had outstanding shares amounting to 11,388,459 for the Series E and 1,379,289 for the Series M Redeemable Preferred Stocks, enabling the company to sustain its dividend commitments effectively.
Braemar Hotels & Resorts is recognized as a prominent real estate investment trust, specifically tailored towards the luxurious hotel and resort market. The company operates a portfolio that includes strategically located high-end properties across the United States and various U.S. territories in the Caribbean. Each asset is selected for its revenue-generating capabilities, particularly aiming for properties that can produce revenue per available room significantly above the national average.
Braemar leverages the expertise provided by Ashford Hospitality Advisors LLC, which is tasked with external advisory. This partnership fosters in-depth management strategies and industry knowledge, aimed at optimizing financial performance.
With this announcement, Braemar Hotels & Resorts continues to position itself as a leader in the luxury hotel sector while maintaining robust financial health through consistent and reliable dividends to its shareholders. The forward-looking statements made by the company emphasize its strategic vision for growth and investment in future opportunities, signaling confidence in its operational effectiveness and market responsiveness.
Investors are encouraged to keep an eye on upcoming announcements to further understand how Braemar intends to maintain its growth trajectory and adapt to market dynamics, ensuring that shareholders are rewarded for their investments effectively.
Details of the Dividend Announcements
The Board has set aside a cash dividend category specifically for its 5.5% Series B Cumulative Convertible Preferred Stock. The amount payable is $0.1146 per diluted share, scheduled for distribution on July 15, 2026. This dividend represents one-third of the total quarterly dividend, which is accumulated on a monthly basis but disbursed quarterly. Similarly, the 8.25% Series D Cumulative Preferred Stock will see a dividend of $0.17187 per diluted share, also payable on July 15, to stockholders recorded as of June 30, 2026.
Additionally, for holders of the Series E Redeemable Preferred Stock, a dividend of $0.15625 per share is slated for payment on May 15, 2026, marking another consistent return for investors.
Overview of Other Preferred Stock
Further announcements include monthly cash dividends for selected CUSIPs of the Series M Redeemable Preferred Stock. Specifically, dividends of $0.17917 per share will be disbursed for certain series on May 15, similarly paid to stockholders recorded by April 30, 2026. Remaining CUSIPs of the Series M will be allocated $0.17708 each, reflecting Braemar's commitment to providing dividends across various stock categories.
As of the close on March 31, 2026, Braemar had outstanding shares amounting to 11,388,459 for the Series E and 1,379,289 for the Series M Redeemable Preferred Stocks, enabling the company to sustain its dividend commitments effectively.
Company Overview
Braemar Hotels & Resorts is recognized as a prominent real estate investment trust, specifically tailored towards the luxurious hotel and resort market. The company operates a portfolio that includes strategically located high-end properties across the United States and various U.S. territories in the Caribbean. Each asset is selected for its revenue-generating capabilities, particularly aiming for properties that can produce revenue per available room significantly above the national average.
Braemar leverages the expertise provided by Ashford Hospitality Advisors LLC, which is tasked with external advisory. This partnership fosters in-depth management strategies and industry knowledge, aimed at optimizing financial performance.
Looking Forward
With this announcement, Braemar Hotels & Resorts continues to position itself as a leader in the luxury hotel sector while maintaining robust financial health through consistent and reliable dividends to its shareholders. The forward-looking statements made by the company emphasize its strategic vision for growth and investment in future opportunities, signaling confidence in its operational effectiveness and market responsiveness.
Investors are encouraged to keep an eye on upcoming announcements to further understand how Braemar intends to maintain its growth trajectory and adapt to market dynamics, ensuring that shareholders are rewarded for their investments effectively.
Topics Financial Services & Investing）
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