Braemar Hotels Resorts Declares Preferred Dividends for Second Quarter of 2021
DALLAS , June 10, 2021 |PRNewswire| -- Braemar Hotels Resorts Inc. (NYSE: BHR ) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.3438 per diluted share for the Company''s 5.5% Series B Cumulative Convertible Preferred Stock for the second quarter ending June 30 , 2021. The dividend, which equates to an annual rate of $1.375 per share, is payable on July 15, 2021 , to shareholders of record as of June 30, 2021 . The Company also announced that its Board declared a quarterly cash dividend of $0.5156 per diluted share for the Company''s 8.25% Series D Cumulative Preferred Stock for the second quarter ending June 30 , 2021. The dividend, which equates to an annual rate of $2.0625 per share, is payable on July 15, 2021 , to shareholders of record as of June 30, 2021 . Braemar Hotels Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. Certain statements and assumptions in this press release contain or are based upon
Braemar Hotels Resorts Declares Preferred Dividends for Second Quarter of 2021
DALLAS , June 10, 2021 |PRNewswire| -- Braemar Hotels Resorts Inc. (NYSE: BHR ) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.3438 per diluted share for the Company''s 5.5% Series B Cumulative Convertible Preferred Stock for the second quarter ending June 30 , 2021. The dividend, which equates to an annual rate of $1.375 per share, is payable on July 15, 2021 , to shareholders of record as of June 30, 2021 . The Company also announced that its Board declared a quarterly cash dividend of $0.5156 per diluted share for the Company''s 8.25% Series D Cumulative Preferred Stock for the second quarter ending June 30 , 2021. The dividend, which equates to an annual rate of $2.0625 per share, is payable on July 15, 2021 , to shareholders of record as of June 30, 2021 . Braemar Hotels Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. Certain statements and assumptions in this press release contain or are based upon