Braemar Hotels & Resorts Inc. 8-K
Research Summary
AI-generated summary
Braemar Hotels & Resorts Declares June 2026 Preferred Dividends
What Happened
- On June 22, 2026, Braemar Hotels & Resorts Inc. filed an 8-K (Regulation FD disclosure) announcing that its Board of Directors declared the June 2026 dividends for 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. A press release dated June 22, 2026 is attached as Exhibit 99.1.
Key Details
- Filing date: June 22, 2026 (Form 8-K, Item 7.01).
- Declared dividend applies to: 5.5% Series B Cumulative Convertible Preferred, 8.25% Series D Cumulative Preferred, Series E Redeemable Preferred, Series M Redeemable Preferred.
- Outstanding shares (as of May 29, 2026): Series E — 10,905,043 shares; Series M — 1,367,795 shares.
- Press release attached as Exhibit 99.1; the information is furnished under Regulation FD and is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Why It Matters
- The Board's declaration confirms dividends will be paid on the listed preferred share series; preferred shareholders should expect a distribution (the 8-K itself does not disclose per-share amounts, record dates or payment dates).
- Investors tracking income from Braemar's preferred securities or monitoring the company's cash commitments should review the attached press release for any additional payout details and dates.
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