DividendMay 21, 2026, 04:19 PM
Braemar Hotels & Resorts Declares Monthly Preferred Dividends
AI Summary
Braemar Hotels & Resorts Inc. announced that its Board of Directors declared monthly preferred dividends for May 2026. This includes partial cash dividends for the 5.5% Series B Cumulative Convertible Preferred Stock ($0.1146 per diluted share) and the 8.25% Series D Cumulative Preferred Stock ($0.17187 per diluted share), both payable on July 15, 2026. Additionally, monthly cash dividends were declared for Series E Redeemable Preferred Stock ($0.15625 per share) and Series M Redeemable Preferred Stock ($0.17917 or $0.17708 per share depending on CUSIP), all payable on June 15, 2026.
Key Highlights
- Declared $0.1146 per diluted share for 5.5% Series B Preferred Stock, payable July 15, 2026.
- Declared $0.17187 per diluted share for 8.25% Series D Preferred Stock, payable July 15, 2026.
- Declared $0.15625 per share for Series E Redeemable Preferred Stock, payable June 15, 2026.
- Declared $0.17917 per share for certain Series M Redeemable Preferred Stock CUSIPs, payable June 15, 2026.
- Declared $0.17708 per share for remaining Series M Redeemable Preferred Stock CUSIPs, payable June 15, 2026.
- As of April 30, 2026, 11,146,482 Series E and 1,373,463 Series M shares were outstanding.
Price Impact
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