◆ Preferred Stock Research

BHR-P-B

Braemar Hotels & Resorts Inc. · Series B · REIT - Diversified
Also quoted as: BHR-B, BHRprB, BHR.PRB, BHR-PB, BHRpB
$14.90
last price

Key Stats ✓ terms from SEC 424B5 — verify via link below

Current Yield
9.23%
Yield to Call
Yield to Worst
9.23%
Coupon
5.500%
Liq. Preference
$25.00
Prem/Disc to Par
-40.40%
Annual Dividend
$1.3752
Pay Frequency
quarterly
Call Date
Maturity
Perpetual
Cumulative
Yes
Redeemable
Yes
Convertible
Yes
Conversion Price
$18.90
Pay Dates
July 15, October 15, January 15, April 15
Shares Offered
290,850

vs. REIT - Diversified category (115 issues): yield 9.23% vs avg 8.25% · discount -40.4% vs avg -18.6%

Quote

 BHR-P-B (preferred)BHR (common)
Last $14.90 $2.17
Change +0.05 (+0.34%)
Open$15.00$2.57
High / Low $15.25 / $14.77 $2.63 / $2.10
Prev Close$14.85
Volume19,0211,659,689
52-Week High / Low $18.30 / $12.46 $3.19 / $2.04

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

BHR-P-B BHR (common)

Dividend History

Ex-DateAmount / Share
2026-03-30$0.343800
2025-12-31$0.343800
2025-09-30$0.343800
2025-06-30$0.343800
2025-03-28$0.343800
2024-12-30$0.343800
2024-09-30$0.343800
2024-06-28$0.343800
2024-03-27$0.343800
2023-12-28$0.343800
2023-09-28$0.343800
2023-06-28$0.343800

Performance

See what an investment would be worth today, dividends reinvested. Run the $10K calculator for BHR-P-B →

Prospectus (SEC 424B5)

We are offering 290,850 shares of our 5.50% Series B Cumulative Convertible Preferred Stock (the "Series B Preferred Stock") pursuant to this prospectus supplement.

Full Prospectus (SEC filing) →

Other Securities from Braemar Hotels & Resorts Inc.

SymbolTypeCouponPriceYield
BHR-P-D preferred 8.250% 17.23 11.97%

About Braemar Hotels & Resorts Inc.

Our Company We are an externally-advised Maryland corporation formed in 2013 that invests primarily in high revenue per available room (“RevPAR”) luxury hotels and resorts. High RevPAR, for purposes of our investment strategy, means RevPAR of at least twice the then-current U.S. national average RevPAR for all hotels as determined by STR, LLC. Two times the U.S. national average RevPAR was approximately $200 for the year ended December 31, 2025. We have elected to be taxed as a REIT under the Code beginning in the year ended December 31, 2013. We conduct our business and own substantially all of our assets through our operating partnership, Braemar OP. We operate in the direct hotel investment segment of the hotel lodging industry. As of March 9, 2026, we owned interests in 13 hotel properties in six states, the District of Columbia, Puerto Rico and St. Thomas, U.S. Virgin Islands with 3,028 total rooms. The hotel properties in our current portfolio are predominantly located in U.S. urban and resort locations with favorable growth characteristics resulting from multiple demand generators. We are advised by Ashford Hospitality Advisors LLC (“Ashford LLC” or the “Advisor”), a subsidiary of Ashford Inc., through an advisory agreement. All of the hotel properties in our portfolio are currently asset-managed by Ashford LLC.

https://www.bhrreit.com

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