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BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FIRST QUARTER OF 2025
BHRBraemar Hotels & Resorts(BHR) Prnewswire·2025-01-13 13:00

Core Points - Braemar Hotels & Resorts Inc. declared a quarterly cash dividend of 0.05perdilutedshareforitscommonstockforQ12025,equatingtoanannualrateof0.05 per diluted share for its common stock for Q1 2025, equating to an annual rate of 0.20 per share, payable on April 15, 2025 [1] - The Board also declared a quarterly cash dividend of 0.3438perdilutedshareforthe5.50.3438 per diluted share for the 5.5% Series B Cumulative Convertible Preferred Stock, payable on April 15, 2025 [2] - A quarterly cash dividend of 0.5156 per diluted share was declared for the 8.25% Series D Cumulative Preferred Stock, also payable on April 15, 2025 [3] - Monthly cash dividends for Series E Redeemable Preferred Stock were declared at 0.15625pershare,withpaymentsscheduledforFebruary18,March17,andApril15,2025[4]−MonthlycashdividendsforSeriesMRedeemablePreferredStockweredeclaredat0.15625 per share, with payments scheduled for February 18, March 17, and April 15, 2025 [4] - Monthly cash dividends for Series M Redeemable Preferred Stock were declared at 0.17708 and $0.17500 per share, with similar payment schedules [5][6] - As of December 31, 2024, there were 14,910,521 shares of Series E Redeemable Preferred Stock and 1,476,621 shares of Series M Redeemable Preferred Stock issued and outstanding [7] Company Overview - Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts [7]