Reminder: Braemar Hotels & Resorts' Series B Preferred Stock Goes Ex-Dividend Soon

Braemar Hotels & Resorts’ 5.50% Series B Cumulative Convertible Preferred Stock (BHR.PRB) will trade ex-dividend on 6/30/26 for a quarterly payment of $0.3438 per share, payable on 7/15/26. At the recent share price of $14.09, the dividend implies a yield of roughly 9.8%. The item is routine corporate income distribution news with limited expected market impact.

Analysis

Braemar Hotels & Resorts’ 5.50% Series B Cumulative Convertible Preferred Stock (BHR.PRB) will trade ex-dividend on 6/30/26 for a quarterly payment of $0.3438 per share, payable on 7/15/26. At the recent share price of $14.09, the dividend implies a yield of roughly 9.8%. The item is routine corporate income distribution news with limited expected market impact.