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BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FOURTH QUARTER OF 2024

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Braemar Hotels & Resorts (NYSE: BHR) has announced its dividend declarations for the fourth quarter of 2024. The Board of Directors declared a quarterly cash dividend of $0.05 per diluted share for common stock, payable on January 15, 2025. This equates to an annual rate of $0.20 per share. Additionally, dividends were declared for various preferred stock series:

- 5.5% Series B: $0.3438 per diluted share
- 8.25% Series D: $0.5156 per diluted share
- Series E: $0.15625 per share monthly
- Series M: $0.17708, $0.17500, or $0.17292 per share monthly, depending on CUSIP

All dividends will be paid to stockholders of record on their respective dates in December 2024 and January 2025. As of September 30, 2024, there were 15,138,572 shares of Series E and 1,596,285 shares of Series M Redeemable Preferred Stock outstanding.

Braemar Hotels & Resorts (NYSE: BHR) ha annunciato le dichiarazioni di dividendi per il quarto trimestre del 2024. Il Consiglio di Amministrazione ha dichiarato un dividendo in contante trimestrale di $0.05 per azione diluita per le azioni ordinarie, che sarà pagato il 15 gennaio 2025. Questo corrisponde a un tasso annuale di $0.20 per azione. Inoltre, sono stati dichiarati dividendi per diverse serie di azioni privilegiate:

- Serie B 5.5%: $0.3438 per azione diluita
- Serie D 8.25%: $0.5156 per azione diluita
- Serie E: $0.15625 per azione mensile
- Serie M: $0.17708, $0.17500 o $0.17292 per azione mensile, a seconda del CUSIP

Tutti i dividendi saranno pagati agli azionisti registrati nelle rispettive date di dicembre 2024 e gennaio 2025. Al 30 settembre 2024, c'erano 15.138.572 azioni della Serie E e 1.596.285 azioni della Serie M di azioni privilegiate riscattabili in circolazione.

Braemar Hotels & Resorts (NYSE: BHR) ha anunciado sus declaraciones de dividendos para el cuarto trimestre de 2024. La Junta Directiva declaró un dividendo en efectivo trimestral de $0.05 por acción diluida para las acciones ordinarias, que se pagará el 15 de enero de 2025. Esto equivale a una tasa anual de $0.20 por acción. Además, se declararon dividendos para varias series de acciones preferentes:

- Serie B 5.5%: $0.3438 por acción diluida
- Serie D 8.25%: $0.5156 por acción diluida
- Serie E: $0.15625 por acción mensualmente
- Serie M: $0.17708, $0.17500 o $0.17292 por acción mensualmente, dependiendo del CUSIP

Todos los dividendos se pagarán a los accionistas registrados en sus respectivas fechas en diciembre de 2024 y enero de 2025. Al 30 de septiembre de 2024, había 15.138.572 acciones de la Serie E y 1.596.285 acciones de la Serie M de acciones preferentes redimibles en circulación.

브레이머 호텔 & 리조트(Braemar Hotels & Resorts, NYSE: BHR)는 2024년 4분기에 대한 배당금 발표를 했습니다. 이사회는 보통주에 대해 주당 희석된 $0.05의 분기 현금 배당금을 선언했으며, 이는 2025년 1월 15일에 지급됩니다. 이는 주당 연간 $0.20의 비율에 해당합니다. 추가로, 여러 종류의 우선주 배당금도 선언되었습니다:

- 5.5% B 시리즈: 희석된 주당 $0.3438
- 8.25% D 시리즈: 희석된 주당 $0.5156
- E 시리즈: 월 $0.15625 per 주
- M 시리즈: CUSIP에 따라 월 $0.17708, $0.17500, 또는 $0.17292 per 주

모든 배당금은 2024년 12월과 2025년 1월에 해당 날짜에 기록된 주주에게 지급됩니다. 2024년 9월 30일 기준으로, E 시리즈의 발행주식 수는 15,138,572주, M 시리즈의 발행주식 수는 1,596,285주입니다.

Braemar Hotels & Resorts (NYSE: BHR) a annoncé ses déclarations de dividendes pour le quatrième trimestre de 2024. Le Conseil d'Administration a déclaré un dividende en espèces trimestriel de $0.05 par action diluée pour les actions ordinaires, qui sera versé le 15 janvier 2025. Cela équivaut à un taux annuel de $0.20 par action. De plus, des dividendes ont été déclarés pour plusieurs séries d'actions privilégiées :

- Série B 5.5% : $0.3438 par action diluée
- Série D 8.25% : $0.5156 par action diluée
- Série E : $0.15625 par action mensuelle
- Série M : $0.17708, $0.17500 ou $0.17292 par action mensuelle, selon le CUSIP

Tous les dividendes seront versés aux actionnaires inscrits à leurs dates respectives en décembre 2024 et janvier 2025. Au 30 septembre 2024, il y avait 15.138.572 actions de la Série E et 1.596.285 actions de la Série M d'actions privilégiées remboursables en circulation.

Braemar Hotels & Resorts (NYSE: BHR) hat die Dividendenerklärungen für das vierte Quartal 2024 bekannt gegeben. Der Vorstand erklärte eine vierteljährliche Bar-Dividende von $0.05 pro verwässerter Aktie für Stammaktien, die am 15. Januar 2025 ausgezahlt wird. Dies entspricht einem jährlichen Satz von $0.20 pro Aktie. Zusätzlich wurden Dividenden für verschiedene Serien von Vorzugsaktien erklärt:

- 5.5% Serie B: $0.3438 pro verwässerter Aktie
- 8.25% Serie D: $0.5156 pro verwässerter Aktie
- Serie E: $0.15625 pro Monat pro Aktie
- Serie M: $0.17708, $0.17500 oder $0.17292 pro Monat pro Aktie, abhängig vom CUSIP

Alle Dividenden werden an die Aktionäre ausgezahlt, die am entsprechenden Datum im Dezember 2024 und Januar 2025 im Register stehen. Zum 30. September 2024 gab es 15.138.572 Aktien der Serie E und 1.596.285 Aktien der Serie M von einlösbaren Vorzugsaktien.

Positive
  • Regular dividend payments across multiple stock series, indicating financial stability
  • Maintenance of dividend rates, suggesting consistent shareholder returns
  • Diverse preferred stock offerings, potentially appealing to different investor preferences
Negative
  • None.

DALLAS, Oct. 7, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on January 15, 2025, to stockholders of record as of December 31, 2024.

The Board declared a quarterly cash dividend for the fourth quarter ending December 31, 2024, of $0.3438 per diluted share, for the Company's 5.5% Series B Cumulative Convertible Preferred Stock. This dividend is payable on January 15, 2025, to stockholders of record as of December 30, 2024.

The Board declared a quarterly cash dividend for the fourth quarter ending December 31, 2024, of $0.5156 per diluted share, for the Company's 8.25% Series D Cumulative Preferred Stock. This dividend is payable on January 15, 2025, to stockholders of record as of December 31, 2024.

The Board declared a monthly cash dividend for all CUSIPs of the Company's Series E Redeemable Preferred Stock, payable as follows: $0.15625 per share will be paid on November 15, 2024, to stockholders of record as of October 31, 2024; $0.15625 per share will be paid on December 16, 2024 to stockholders of record as of November 29, 2024; and $0.15625 per share will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.

The Board declared a monthly cash dividend for CUSIPs 10482B705 and 10482B887 of the Company's Series M Redeemable Preferred Stock payable as follows: $0.17708 per share will be paid on November 15, 2024 to stockholders of record as of October 31, 2024; $0.17708 per share will be paid on December 16, 2024 to stockholders of record as of November 29, 2024; and $0.17708 per share will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.

The Board declared a monthly cash dividend for CUSIPs 10482B796, 10482B861 10482B770 and 10482B846 of the Company's Series M Redeemable Preferred Stock payable as follows: $0.17500 per share will be paid on November 15, 2024 to stockholders of record as of October 31, 2024; $0.17500 per share will be paid on December 16, 2024 to stockholders of record as of November 29, 2024; and $0.17500 per share will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.

The Board declared a monthly cash dividend for all remaining CUSIPs of the Company's Series M Redeemable Preferred Stock payable as follows: $0.17292 per share will be paid on November 15, 2024 to stockholders of record as of October 31, 2024; $0.17292 per share will be paid on December 16, 2024 to stockholders of record as of November 29, 2024; and $0.17292 per share will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.

As of September 30, 2024, there were 15,138,572 shares of the Company's Series E Redeemable Preferred Stock and 1,596,285 shares of the Company's Series M Redeemable Preferred Stock issued and outstanding.

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Forward-Looking Statements

Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the Company's strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Braemar's control.

These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: our ability to repay, refinance or restructure our debt and the debt of certain of our subsidiaries; anticipated or expected purchases or sales of assets; our projected operating results; completion of any pending transactions; risks associated with our ability to effectuate our dividend policy, including factors such as operating results and the economic outlook influencing our board's decision whether to pay further dividends at levels previously disclosed or to use available cash to pay dividends; our understanding of our competition; market trends; projected capital expenditures; the impact of technology on our operations and business; general volatility of the capital markets and the market price of our common stock and preferred stock; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the markets in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in Braemar's filings with the Securities and Exchange Commission.

The forward-looking statements included in this press release are only made as of the date of this press release. Such forward-looking statements are based on our beliefs, assumptions, and expectations of our future performance taking into account all information currently known to us. These beliefs, assumptions, and expectations can change as a result of many potential events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations, plans, and other objectives may vary materially from those expressed in our forward-looking statements. You should carefully consider this risk when you make an investment decision concerning our securities. Investors should not place undue reliance on these forward-looking statements. The Company can give no assurance that these forward-looking statements will be attained or that any deviation will not occur. We are not obligated to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations, or otherwise, except to the extent required by law.

Cision View original content:https://www.prnewswire.com/news-releases/braemar-hotels--resorts-declares-dividends-for-the-fourth-quarter-of-2024-302269211.html

SOURCE Braemar Hotels & Resorts, Inc.

FAQ

What is the quarterly dividend for Braemar Hotels & Resorts (BHR) common stock in Q4 2024?

Braemar Hotels & Resorts (BHR) declared a quarterly cash dividend of $0.05 per diluted share for common stock for the fourth quarter of 2024.

When will BHR pay its Q4 2024 common stock dividend?

The Q4 2024 common stock dividend for BHR will be paid on January 15, 2025, to stockholders of record as of December 31, 2024.

What is the annual dividend rate for Braemar Hotels & Resorts (BHR) common stock based on the Q4 2024 declaration?

Based on the Q4 2024 declaration, the annual dividend rate for BHR common stock equates to $0.20 per share.

How much is the dividend for BHR's Series E Redeemable Preferred Stock in Q4 2024?

BHR's Series E Redeemable Preferred Stock will receive a monthly cash dividend of $0.15625 per share for each month in Q4 2024.

Braemar Hotels & Resorts Inc.

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