Braemar Hotels & Resorts Sets June Preferred Dividend Payouts

The board of directors authorized a partial cash dividend of $0.1146 per diluted share for the 5.5% Series B Cumulative Convertible Preferred Stock and $0.17186 per share for the 8.25% Series D Cumulative Preferred Stock. These payments consolidate the June allocation with amounts previously set aside for April and May.

For the Series E Redeemable Preferred Stock, shareholders will receive $0.15625 per share. The company also detailed payouts for its Series M Redeemable Preferred Stock, with specific CUSIPs 10482B705, 10482B887, 10482B796, and 10482B861 receiving $0.17917 per share, while all remaining Series M CUSIPs are set for $0.17708 per share. All declared dividends are payable on July 15, 2026, to stockholders of record as of June 30, 2026. As of late May, the company reported 10,905,043 shares of Series E and 1,367,795 shares of Series M stock outstanding.