Overview of Dividend Declarations by Braemar Hotels & Resorts
Braemar Hotels & Resorts Inc. (NYSE: BHR) recently made a significant announcement regarding dividends for its shareholders. The Board of Directors declared a quarterly cash dividend of $0.05 per diluted share for the fourth quarter of the financial year. This dividend is based on the common stock and represents an annual dividend rate of $0.20 per share. It is important for shareholders to note that this payment is scheduled for January 15, 2026, for those recorded as shareholders by December 31, 2025.
Preferred Stock Dividend Payments
In addition to the common stock dividend, the Board also declared cash dividends for the preferred stock. For the Company’s 5.5% Series B Cumulative Convertible Preferred Stock, a quarterly dividend of $0.3438 per diluted share is set to be paid on January 15, 2026, to stockholders listed by December 31, 2025. Furthermore, the Board announced a quarterly cash dividend of $0.5156 per diluted share for the 8.25% Series D Cumulative Preferred Stock, also payable on January 15, 2026, to shareholders of record by December 31, 2025.
Monthly Cash Dividend Breakdown
Additionally, the Board outlined a series of monthly cash dividends for all CUSIPs of the Company's Series E Redeemable Preferred Stock. The payments will be as follows: $0.15625 per share will be distributed on November 17, 2025, to stockholders recorded by October 31, 2025; a second payment of the same amount will be paid on December 15, 2025, to stockholders recorded by November 28, 2025; and another payment will be issued on January 15, 2026, for those on record by December 31, 2025.
Details on Series M Redeemable Preferred Stock
For the Series M Redeemable Preferred Stock, different CUSIPs will see varied monthly cash dividends. For CUSIPs 10482B705 and 10482B887, a dividend of $0.17917 per share will be paid on the previously mentioned dates. A similar dividend at the rate of $0.17708 per share will be distributed for CUSIPs 10482B796, 10482B861, 10482B770, and 10482B846, maintaining the identical payment schedule.
Company Performance Overview
As of the end of September 2025, there are 12,697,673 shares of the Series E Redeemable Preferred Stock and 1,404,544 shares of the Series M Redeemable Preferred Stock that have been issued and remain outstanding. This active issuance reflects the company's commitment to maintaining strong relationships with shareholders as it navigates the dynamic landscape of the luxury hotel and resort industry.
Braemar Hotels & Resorts is recognized as a prominent real estate investment trust (REIT) concentrating on investments in luxury hotels and resorts. The company's strategy focuses on optimizing its asset value while ensuring a steady return for its investors.
Frequently Asked Questions
What is the dividend amount for common stock announced by Braemar?
The Board declared a quarterly cash dividend of $0.05 per diluted share for common stock.
When are the dividends payable?
Dividends are scheduled for payment on January 15, 2026, for shareholders recorded by December 31, 2025.
What dividends were declared for preferred stock?
A dividend of $0.3438 per diluted share was declared for Series B, and $0.5156 for Series D preferred stock.
How often does Braemar pay dividends on Series E Redeemable Preferred Stock?
Monthly dividends are paid, with specific amounts distributed in November, December, and January.
What type of company is Braemar Hotels & Resorts?
Braemar Hotels & Resorts operates as a real estate investment trust (REIT) concentrated on luxury hotels and resorts investment.
