Braemar Hotels & Resorts Announces New Dividend Payouts
Braemar Hotels & Resorts Announces Dividend Details
Braemar Hotels & Resorts Inc. (NYSE: BHR), a renowned name in the luxury hotel and resort investment arena, has made a pivotal announcement regarding its dividend payments. The company’s Board of Directors has approved a quarterly cash dividend of $0.05 per diluted share, marking an important milestone for shareholders as it pertains to the fourth quarter.
Dividend Breakdown
This quarterly dividend translates to an annual dividend rate of $0.20 per share. Shareholders will receive these dividends on a predetermined date, ensuring that their investments are continuously rewarded. The record date for this dividend is set for the end of the last day of December, allowing stockholders to capitalize on the benefits of holding shares in Braemar Hotels and Resorts during this period.
Additional Preferred Stock Dividends
In addition to the common stock dividends, Braemar has also declared cash dividends for its preferred stock offerings. For instance, the company's 5.5% Series B Cumulative Convertible Preferred Stock will see a quarterly cash dividend of $0.3438 per share, also payable on the same date. Such decisions underscore the company's commitment to enhancing shareholder value.
Furthermore, the 8.25% Series D Cumulative Preferred Stock will benefit from a dividend rate of $0.5156 per diluted share. These dividends highlight the diverse investment opportunities associated with Braemar, which remains a competitive player in the real estate investment trust (REIT) landscape.
Monthly Dividend Announcements
Expanding its dividend offerings, Braemar will also provide a monthly cash dividend for its Series E Redeemable Preferred Stock. Shareholders can anticipate payments of $0.15625 per share, with scheduled distributions occurring on a regular basis throughout the upcoming months. This consistent dividend approach is designed to support stockholders in effectively managing their investments.
Additionally, certain Series M Redeemable Preferred Stocks will receive dividends amounting to $0.17708 per share. The structure of these dividends, scheduled with record dates strategically placed in preceding months, reflects Braemar's ongoing effort to maintain shareholder loyalty while fostering a healthy capital structure.
Current Stock and Market Performance
As of the latest reporting period, Braemar Hotels & Resorts maintains a robust share count, featuring over 15 million shares of Series E Redeemable Preferred Stock, in addition to nearly 1.6 million shares of Series M Redeemable Preferred Stock. These figures are indicative of the sustained interest in the company and its stock performance, creating an environment that's favorable for potential investors.
Braemar's well-established reputation in the luxury hotel investment sector continues to attract not only individual investors but also institutional ones, bolstered by a strategic focus on enhancing profitability and shareholder returns.
About Braemar Hotels & Resorts
Braemar Hotels & Resorts is dedicated to investing in and holding luxury hotels and resorts. This focus aligns with its overarching goal of maximizing shareholder returns while expanding its portfolio within the hospitality industry. The combination of a solid dividend policy and strategic asset management positions Braemar as a leader in its sector.
Frequently Asked Questions
What dividends has Braemar Hotels & Resorts declared?
Braemar has declared a quarterly cash dividend of $0.05 per share for its common stock, along with dividends for its preferred stocks totaling various amounts.
When will the dividends be paid?
The dividends for the common stock and certain preferred stocks are payable on January 15, 2025, with record dates occurring in late December 2024.
How does Braemar reward its shareholders?
Braemar rewards shareholders through regular dividends, including quarterly and monthly payments on various classes of stock, showcasing its commitment to returning value.
What is the focus of Braemar Hotels & Resorts?
Braemar focuses on investing in luxury hotels and resorts, aiming to capitalize on high-demand properties and delivering substantial returns for its investors.
What is the stock ticker for Braemar Hotels & Resorts?
The stock ticker for Braemar Hotels & Resorts is NYSE: BHR, allowing investors to track its performance on the exchange.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Trascent Arabia: A New Era in Facilities Management Excellence
- AlphaGen Intelligence Corp. Transitions to New Auditor Relationship
- AlphaGen Intelligence Corp. Transitions to New Auditor for Growth
- A. O. Smith Corporation Announces Dividend Increase to $0.34
- Dairy Council of California Expands Leadership with New Board
- A. O. Smith Boosts Cash Dividend by 6% to $0.34 per Share
- CHAI Unveils New API for Social AI Following Impressive Growth
- Arthur D. Little Strengthens Australian Presence with New Leadership
- Osisko Development Corp. Announces Significant Funding Round
- Transforming the Rice Noodles Market in APAC: Trends & Insights
Recent Articles
- DWS Funds Announce Their Monthly Distributions for October
- Alexander & Baldwin Sets Date for Q3 2024 Earnings Call
- Ashford Hospitality Trust Releases Insights on Q3 Performance
- Northern Trust Announces Upcoming Q3 Earnings Webcast Event
- Unlocking Wealth: The Incredible Growth of Costco Investments
- New Addition to Braemar Hotels & Resorts Board Enhances Leadership
- Current Market Sentiment Towards Abbott Laboratories Explained
- ASUR Passenger Traffic Insights for September 2024
- How a $1000 Investment in Arch Capital Grows Over Time
- Analyzing Market Sentiment Surrounding Vulcan Materials Stock
- Harnessing Data Innovations in HVAC-R Safety Solutions
- Market Sentiment Shifts: Insights on Take-Two Interactive
- Charles & Colvard Addresses Invalid Director Nominations
- Steven Bailey Appointed as CFO to Propel Match Group's Growth
- Pangaea Logistics Solutions Expands Control of Nordic Bulk Partners
- Installed Building Products Expands Reach with Acquisition
- Vistra Corporation to Announce Q3 2024 Results Soon
- Palatin Technologies Receives NYSE Notice but Remains Hopeful
- Centerspace to Announce Q3 2024 Financial Results Soon
- Strategic Moves by U.S. Physical Therapy Signal Growth Ahead
- Prime Therapeutics Unveils Innovative Biosimilar Solutions
- TechnipFMC Secures Major Contract Boosting Financial Outlook
- CleanSpark Appoints Brian Carson as Chief Accounting Officer
- Sonder's Road Ahead: Navigating Nasdaq Challenges and Strategy
- Darling Ingredients Launches Innovative Collagen Peptide Solution
- Elanco Animal Health Launches Credelio Quattro for Dogs
- Darden Restaurants: Positive Outlook Amidst Market Challenges
- Stock Market Update: Treasury Yields Impact S&P 500 Today
- Brazil Stock Market Sees Mild Gains as Bovespa Improves Slightly
- Market Insights: Canada Stocks Experience Notable Declines
- Latest U.S. Stock Market Insights: Performance Highlights
- Brookline Bancorp to Reveal Third Quarter Earnings Soon
- Challenges and Opportunities for Amazon Amid Downgrades
- ThredUp to Unveil Q3 2024 Financial Performance Soon
- Bimini Capital Management Prepares for Q3 2024 Earnings Results
- Inari Medical Invites Investors to Discuss Latest Study Insights
- CSX Corporation's Upcoming Investor Day: Everything You Need to Know
- Visteon Corporation Plans Q3 2024 Financial Results Call
- Rush Street Interactive Shares Third Quarter Earnings Release Plans
- FTAI Aviation's Upcoming Earnings Announcement and Call Details
- Amazon Shares Drop Amid FTC Lawsuit and Downgrade News
- Dominion Energy and Partners Outline Regional Transmission Growth
- Exploring the Potential of Psilocybin in Treating Depression
- Generation Mining Secures Funding to Enhance Marathon Project
- EverGen Infrastructure Transitions to New Auditor for Growth
- Key Trends and Insights for American Airlines Traders
- Cannae Holdings Partners with KDSA for Watkins Majority Acquisition
- Understanding iQIYI's Options Trading Landscape: Key Insights
- Envista Holdings to Announce Q3 2024 Financial Results Soon
- EPIC Insurance Brokers Strengthens Leadership in California Market