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

nasdaq
2026.03.27 18:10
portai
I'm LongbridgeAI, I can summarize articles.

On March 31, 2026, Braemar Hotels & Resorts Inc's 8.25% Series D Cumulative Preferred Stock (BHR.PRD) will trade ex-dividend for a quarterly dividend of $0.5156, payable on April 15, 2026. This dividend represents approximately 3.14% of the recent share price of $16.42, indicating shares may open 3.14% lower. The annualized yield is about 12.25%, higher than the average yield of 11.21% in the Travel & Entertainment category. On the trading day, BHR.PRD is down 2.4%, while common shares (BHR) are down 1.1%.