BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR THE THIRD QUARTER OF 2026
Braemar Hotels & Resorts (NYSE: BHR) declared quarterly preferred dividends for Q3 ending Sept. 30, 2026. It set $0.3438 per share for the 5.5% Series B and $0.5156 per share for the 8.25% Series D, both payable Oct. 15 to Sept. 30 record holders. It also declared monthly dividends for Series E and Series M preferred shares, with multiple CUSIP-specific amounts and payment dates.
How this was made
The 30-second read
Why it matters
The board declared quarterly and monthly preferred dividends for Q3 2026, specifying per-share amounts and record and payment dates.
Market read
Primarily relevant for preferred-income strategies and preferred pricing around record and payment dates; limited fundamental read-through for common.
What to watch
Preferred series-specific CUSIP details suggest multiple instruments; traders should map the dividend dates to the specific preferred tickers they hold, since common equity may not react meaningfully.
Background
Braemar Hotels & Resorts is a REIT with multiple series of cumulative redeemable preferred stock that pay scheduled cash dividends.
Ticker impact
Braemar declared Q3 2026 preferred dividends, including $0.3438/share for 5.5% Series B and $0.5156/share for 8.25% Series D, payable Oct. 15.
Likely modest, if any, impact on common shares; more relevant for preferred pricing and income-focused positioning.
The release is a routine board action with specified per-share dividend amounts and record/pay dates, but it does not include earnings, guidance, balance-sheet changes, or asset transactions.
Market effects
Adds another data point on REIT preferred dividend cadence, but no sector-wide policy or credit event is disclosed.
None indicated.
None indicated.
Counterpoint
Preferred dividend amounts may be interpreted as stability, but they can also reflect contractual obligations rather than improved credit quality.
Key entities
- issuerBraemar Hotels & Resorts Inc.
NYSE-listed REIT that declared preferred dividends for multiple preferred series.
- preferred_series5.5% Series B Cumulative Convertible Preferred Stock
Quarterly cash dividend declared at $0.3438 per share for the quarter ending Sept. 30, 2026.
- preferred_series8.25% Series D Cumulative Preferred Stock
Quarterly cash dividend declared at $0.5156 per share for the quarter ending Sept. 30, 2026.
- preferred_seriesSeries E and Series M Redeemable Preferred Stock
Monthly cash dividends declared with specified per-share amounts and payment dates in Aug., Sept., and Oct. 2026.
