Braemar Hotels & Resorts Inc. 8-K

What Happened
Braemar Hotels & Resorts Inc. announced on March 24, 2026 that its Board of Directors declared March 2026 dividends on several classes of its preferred stock, including its 5.5% Series B Cumulative Convertible Preferred Stock, 8.25% Series D Cumulative Preferred Stock, Series E Redeemable Preferred Stock and Series M Redeemable Preferred Stock. The company furnished a press release dated March 24, 2026 (Exhibit 99.1) under Regulation FD; the filing states this information is “furnished” and not deemed “filed” for purposes of Section 18 of the Exchange Act. As of February 28, 2026, there were 11,528,242 shares of Series E and 1,382,407 shares of Series M outstanding.

Key Details

• Board declared March 2026 dividends for: 5.5% Series B (convertible), 8.25% Series D, Series E redeemable, and Series M redeemable preferred stock.
• Press release dated March 24, 2026 was furnished as Exhibit 99.1 to the Form 8-K.
• Outstanding share counts as of Feb 28, 2026: Series E = 11,528,242 shares; Series M = 1,382,407 shares.
• Filing treated as Regulation FD disclosure (furnished, not “filed” under Section 18).

Why It Matters
Preferred shareholders are directly affected because a declared dividend signals an upcoming cash distribution (or entitlement) for those preferred series. The disclosed outstanding share counts for Series E and M give investors a sense of the scale of potential dividend obligations, although the filing does not state dividend amounts per share or payment dates. Common shareholders are not directly impacted by this filing, but ongoing preferred dividends are relevant to the company’s cash allocation and capital structure.