Braemar Hotels & Resorts Inc. said in a filing with the SEC that its Board of Directors declared quarterly and monthly cash dividends on several classes of its preferred stock for the third quarter of 2026.
According to the filing, the Board declared a quarterly cash dividend of $0.3438 per share for the Company's 5.5% Series B Cumulative Convertible Preferred Stock, payable October 15, 2026 to stockholders of record as of September 30, 2026.
The Board also declared a quarterly cash dividend of $0.5156 per share for the Company's 8.25% Series D Cumulative Preferred Stock, payable on the same October 15, 2026 date to holders of record as of September 30, 2026, the filing said.
For the Series E Redeemable Preferred Stock, the Board declared monthly dividends of $0.15625 per share, to be paid August 17, September 15 and October 15, 2026 to stockholders of record as of the end of the preceding month, per the filing.
The filing detailed several dividend rates for the Series M Redeemable Preferred Stock depending on CUSIP. Holders of CUSIP 10482B705 will receive $0.18125 per share; holders of CUSIPs 10482B887, 10482B796, 10482B861 and 10482B770 will receive $0.17917 per share; and holders of all remaining Series M CUSIPs will receive $0.17708 per share. Each of these payments is scheduled for August 17, September 15 and October 15, 2026, according to the filing.
As of June 30, 2026, the Company had 10,775,131 shares of Series E Redeemable Preferred Stock and 1,364,862 shares of Series M Redeemable Preferred Stock issued and outstanding, the filing said.
Braemar Hotels & Resorts is described in the filing as a real estate investment trust focused on the luxury hotel and resort sector, targeting high-performance urban and resort properties with revenue per available room at least twice the U.S. national average, with a portfolio across the United States and U.S. territories in the Caribbean.
$BHRBraemar Hotels & ResortsPrice$2.16 ▼3.1%Net sentiment—Mentions · 30d—Avg volume239,062View on the dashboard