On March 24, 2026, Braemar Hotels & Resorts Inc. announced that its Board of Directors has declared dividends for its preferred stock series for March 2026. The company will pay a cash dividend of $0.1146 per diluted share for its 5.5% Series B Cumulative Convertible Preferred Stock, which will be paid on April 15, 2026, to stockholders of record as of March 30, 2026. Additionally, the Board declared a cash dividend of $0.17186 per diluted share for its 8.25% Series D Cumulative Preferred Stock, which will also be paid on April 15, 2026, to stockholders of record as of March 31, 2026. Furthermore, dividends for the Series E Redeemable Preferred Stock and Series M Redeemable Preferred Stock were also declared, with payments scheduled for the same date. As of February 28, 2026, there were 11,528,242 shares of Series E and 1,382,407 shares of Series M issued and outstanding. This announcement reflects the company's commitment to returning value to its shareholders through consistent dividend payments, which is a positive indicator of its financial health and operational stability. The dividends declared are expected to enhance investor confidence and may lead to a slight positive effect on the stock price, as they demonstrate the company's ongoing profitability and commitment to shareholder returns.
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