Braemar Hotels & Resorts Announce Preferred Stock Dividends for the Fourth Quarter of 2026
PR Newswire
43m ago
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Braemar Hotels & Resorts Inc announce that the board of directors has approved quarterly or monthly cash dividends for various classes of preferred stocks of the company, involving 5.5% Series B, 8.25% Series D, as well as Series E and Series M redeemable preferred stocks. The relevant dividend distribution dates extend from November 2026 to January 2027.
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Dallas, October 16th ( PRNewswire ) – Braemar Hotels & Resorts Inc (New York Stock Exchange ticker: BHR) (hereinafter referred to as “Braemar” or “the Company”) announced today that its board of directors has approved a cash dividend for the fourth quarter ending December 31, 2026, applicable to the company's 5.5% Series B cumulative convertible preferred stock. The dividend is $0.3438 per share and will be paid on January 15, 2027, with the record date being December 30, 2026.

The board of directors also approved the quarterly cash dividend for the fourth quarter of 2026 for the company's 8.25% Series D cumulative preferred stock, amounting to $0.5156 per share. The dividend will be paid on January 15, 2027, with the record date being December 31, 2026.

The board of directors approved the monthly cash dividends for all CUSIP of the company's Series E redeemable preferred stock, with the payment arrangements as follows: $0.15625 per share to be paid on November 16, 2026, with a record date of October 30, 2026; $0.15625 per share to be paid on December 15, 2026, with a record date of November 30, 2026; $0.15625 per share to be paid on January 15, 2027, with a record date of December 31, 2026.

The board of directors also approved the monthly cash dividends for Series M redeemable preferred stocks of the company, specifically for the shares with the identifiers CUSIP 10482B705 and 10482B887. The payment arrangements are as follows: $0.18125 per share will be paid on November 16, 2026, with a record date of October 30, 2026; $0.18125 per share will be paid on December 15, 2026, with a record date of November 30, 2026; and $0.18125 per share will be paid on January 15, 2027, with a record date of December 31, 2026.

For the company's Series M redeemable preferred stocks with the identifiers CUSIP 10482B796, 10482B861, 10482B770, and 10482B846, the monthly cash dividend arrangements approved by the board of directors are as follows: $0.17917 per share will be paid on November 16, 2026, with a registration date of October 30, 2026; $0.17917 per share will be paid on December 15, 2026, with a registration date of November 30, 2026; $0.17917 per share will be paid on January 15, 2027, with a registration date of December 31, 2026.

For the Series M redeemable preferred stocks of company M corresponding to CUSIP 10482B820, the monthly cash dividend arrangement approved by the board of directors is as follows: $0.17708 per share will be paid on November 16, 2026, with a registration date of October 30, 2026; $0.17708 per share will be paid on December 15, 2026, with a registration date of November 30, 2026; $0.17708 per share will be paid on January 15, 2027, with a registration date of December 31, 2026.

As of September 30, 2026, the company has issued and had 8,150,132 Class E redeemable preferred shares and 1,269,981 Class M redeemable preferred shares in circulation. In addition, there are 2,448,062 Class E redeemable preferred shares and 91,129 Class M redeemable preferred shares for which redemption requests have been received but have not yet been processed.

About Braemar Hotels & Resorts

Braemar Hotels & Resorts Inc (. NYSE ticker: BHR) is a real estate investment trust (REIT) that focuses on the high-growth luxury hotel and resort sector. Its industry-leading portfolio includes multiple luxury properties in the United States and its American territories in the Caribbean.

Forward-looking Statements

Certain statements and assumptions in this press release contain or are based on “forward-looking” information and are made under the safe harbor provisions of federal securities regulations. Forward-looking statements can typically be identified by words or phrases such as “believes,” “anticipates,” “expects,” “plans,” “intends,” “proposes,” “estimates,” “projects,” “forecasts,” “aims,” “targets,” and similar expressions. In addition, the following subjects are also inherently forward-looking: our business and investment strategies; anticipated or projected asset purchases, sales, or dispositions; our expected operating results; the completion of any pending transactions; our ability to restructure existing debt; our ability to obtain additional financing to support business operations; our understanding of the competitive landscape; estimated capital expenditures; and the impact of technology on our operations and business. Such forward-looking statements are based on our beliefs, assumptions, and expectations regarding future performance and take into account all information currently known. These beliefs, assumptions, and expectations may change due to many potential events or factors, not all of which are within our control. If changes occur, our business, financial condition, liquidity, operating results, plans, and other objectives may differ significantly from those expressed in the forward-looking statements. Investors should carefully consider this risk when making investment decisions regarding our securities. These and other risk factors are discussed more fully in the documents submitted by the company to the U.S. Securities and Exchange Commission (SEC).

The forward-looking statements contained in this press release are only valid as of the date of issuance of this press release. Except as required by law, we will not publicly update or revise any forward-looking statements due to new information, future events or circumstances, expected changes, or other reasons.

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