8-KFiled Jul 23, 8:00 PM ET
Braemar Hotels & Resorts Declares Q3 2026 Preferred Stock Dividends
$BHR · Braemar Hotels & Resorts Inc.Research Summary
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Braemar Hotels & Resorts Declares Q3 2026 Preferred Stock Dividends
What Happened
- On July 24, 2026, Braemar Hotels & Resorts Inc. announced that its Board of Directors declared third quarter 2026 dividends for 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 July 24, 2026 was issued announcing the declarations.
Key Details
- Declaration date: July 24, 2026 (press release issued same date).
- Affected securities: 5.5% Series B Cumulative Convertible Preferred Stock; 8.25% Series D Cumulative Preferred Stock; Series E Redeemable Preferred Stock; Series M Redeemable Preferred Stock.
- Outstanding shares (as of June 30, 2026): Series E — 10,775,131 shares; Series M — 1,364,862 shares.
- The company furnished the press release as Exhibit 99.1 to the Form 8-K.
Why It Matters
- For preferred shareholders and income investors, the declaration confirms that the company intends to pay scheduled dividends for Q3 2026 on these preferred issues.
- The reported outstanding share counts for Series E and M help estimate the scale of dividend obligations and are relevant to assessing cash requirements tied to these preferred securities.
- This disclosure is a routine corporate action about dividend payments; it does not provide new earnings, operational results, or changes to executive management.