Braemar Hotels & Resorts Declares Preferred Dividends, Ensuring Financial Stability for Stakeholders

Braemar Hotels & Resorts Declares Preferred Dividends, Reinforcing Financial Stability

Braemar Hotels & Resorts Inc. continues to affirm its financial commitment to stakeholders with the announcement of its preferred dividends for March 2026. The company declares a cash dividend of $0.1146 per diluted share on its 5.5% Series B Cumulative Convertible Preferred Stock, which brings the total dividend for shareholders to $0.3438 when combined with previous months' distributions. This payment is set to be issued on April 15, 2026, to stockholders on record as of March 30, ensuring timely reward for investment in the company's robust portfolio of luxury assets.

In addition to the preferred dividend for Series B stock, Braemar announces a cash dividend of $0.17186 per diluted share for its 8.25% Series D Cumulative Preferred Stock. This effectively raises the total to $0.5156 when previous payments are included, also payable on April 15, 2026, to stockholders registered by March 31. Furthermore, the company sets dividends for its Series E Redeemable Preferred Stock at $0.15625 per share and differentiates the payments for Series M Redeemable Preferred Stock, establishing amounts of $0.17917 and $0.17708 based on specific CUSIPs. All these dividends highlight Braemar's ongoing emphasis on maintaining financial health and shareholder value amid its focus on high-end properties.

Braemar Hotels & Resorts positions itself within the luxury hotel and resort sector with an operational strategy focused on superior financial performance. The company aspires to achieve revenue per available room (RevPAR) rates that are at least double the national average in the U.S., a reflection of its management practices and asset selection. With guidance from Ashford Hospitality Advisors LLC, Braemar pursues disciplined asset management, which is pivotal in showcasing its portfolio of luxury hotels and resorts across the United States and Caribbean. This approach not only enhances guest experiences but also strengthens the company’s long-term viability in the competitive hospitality market.

In addition to the preferred dividends, Braemar remains focused on its overarching strategy in the luxury sector. The company’s dedication to high-quality asset management and performance metrics signifies its intent to sustain investor confidence and operational excellence. As Braemar continues to refine its portfolio and pay dividends, it works to solidify its status in the luxury hotel industry, ultimately aiming for continued growth and profitability.