Braemar Hotels & Resorts Announces Preferred Stock Dividends

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2026.04.23 20:44
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Braemar Hotels & Resorts has announced preferred stock dividends, declaring the April 2026 portion of second-quarter dividends for its 5.5% Series B and 8.25% Series D Cumulative Preferred Stock, to be paid on July 15, 2026. Additionally, monthly cash dividends for Series E and Series M Redeemable Preferred Stock will be paid on May 15, 2026. The company emphasizes its commitment to servicing preferred equity obligations, which is crucial for income-focused investors. Current analyst ratings suggest a Hold on BHR stock with a price target of $4.00, reflecting mixed financial performance and market conditions.