Braemar Hotels & Resorts Declares Preferred Dividends Amid Strong Growth in Luxury Hospitality

Braemar Hotels & Resorts Declares Monthly Preferred Dividends Amid Growth in Luxury Hospitality Sector

Braemar Hotels & Resorts Inc. announces its preferred dividends for March 2026, reflecting the company's steadfast commitment to providing returns to its investors. The Board of Directors has approved a monthly cash dividend of $0.1146 per diluted share for the 5.5% Series B Cumulative Convertible Preferred Stock. When combined with previous months’ dividends, shareholders will receive a total of $0.3438, payable on April 15, 2026, to stockholders recorded by March 30, 2026. This move signals Braemar's ongoing financial discipline and management strategy, aimed at maximizing shareholder value.

In addition, Braemar outlines further dividends for its preferred stockholders. A cash dividend of $0.17186 per diluted share is declared for the 8.25% Series D Cumulative Preferred Stock, amounting to a total of $0.5156 when previous dividends are included. Furthermore, Braemar sets a cash dividend of $0.15625 per share for its Series E Redeemable Preferred Stock and stipulates varying dividend rates for its Series M Redeemable Preferred Stock, which will also be distributed on April 15, 2026. The company demonstrates a robust position in the luxury hotel sector, currently holding 11,528,242 shares of Series E and 1,382,407 shares of Series M stock outstanding as of February 28, 2026.

Braemar Hotels & Resorts specializes in high-end hospitality, focusing on properties that achieve revenue per available room (RevPAR) rates at least double the national averages in the U.S. The company operates with a disciplined asset management approach, advised by Ashford Hospitality Advisors LLC, and showcases a diverse portfolio of luxury properties throughout the United States and the Caribbean. This strategy positions Braemar advantageously to navigate the evolving landscape of luxury hospitality and align its operational goals with broader industry trends.

In addition to its focus on preferred dividends, Braemar continues to enhance its reputation in the luxury hotel and resort market. The company's commitment to operational excellence and superior guest experiences supports its growth and profitability ambitions. As travel demand remains strong and the luxury segment flourishes, Braemar positions itself favorably within this competitive landscape. The focus on delivering returns to preferred shareholders signifies a balance between rewarding investors and investing in future growth opportunities.