BHR Braemar Hotels & Resorts Inc.

NEUTRAL Impact: 2/10 8-K
Horizon days Filed May 21, 2026 Processed 28d 11h ago SEC 0001574085-26-000086
8-K context-dependent: Items 7.01
Latest settled — T+5d
BHR-PD ▲ +1.86% at T+5d
NEUTRAL call ✓ call won +1.86% · α vs SPY +0.20% · entry $16.64 → $16.95
Next anchor: T+20d in 3d
Last close $2.03 (close Jun 17) · -87.80% from $16.64 entry
Entry anchored
May 21, 2026
via day open
T+1d
-0.27%
call -0.27% · α -0.86%
$16.60
settled 28d ago
T+5d
+1.86%
call +1.86% · α +0.20%
$16.95
settled 21d ago
T+20d
call — · α —
in 3d
T+60d
call — · α —
in 8w

Price Chart

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Executive Summary

Braemar Hotels & Resorts declared its monthly preferred dividends for May 2026 across all series (Series B, D, E, M), with payments scheduled in June and July 2026. This is a routine quarterly dividend declaration with no change in dividend rates, representing a neutral credit event for the preferred shares.

Actionable Insight

No material credit signal — the company continues to pay preferred dividends as scheduled. Monitor upcoming quarterly earnings (likely July/August 2026) for FFO trends and leverage metrics that would affect preferred credit quality.

Key Facts

  • Series B (5.5% Cumulative Convertible) declared $0.1146 per share, payable July 15, 2026 to holders of record June 30, 2026
  • Series D (8.25% Cumulative) declared $0.17187 per share, payable July 15, 2026 to holders of record June 30, 2026
  • Series E Redeemable declared $0.15625 per share, payable June 15, 2026 to holders of record May 29, 2026
  • Series M Redeemable declared $0.17917 per share (CUSIPs 10482B705, 10482B887, 10482B796, 10482B861) and $0.17708 per share (all other CUSIPs), payable June 15, 2026
  • As of April 30, 2026: 11,146,482 Series E shares and 1,373,463 Series M shares issued and outstanding

Financial Impact

Routine monthly dividend declaration — no change in rates or payment schedule. Total monthly payout approximately $2.0M based on disclosed share counts.

preferred dividend coveragecash flow

Risk Factors

  • No change in dividend rates — no positive catalyst for preferred holders
  • Historical performance shows negative T+20 alpha (-12.05%) on prior neutral reports, suggesting limited trading opportunity

Market Snapshot

Exchange
NYSE
Sector
Real Estate Investment Trusts

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001574085-26-000086
Document: bhr2026maydividendspr.htm0001574085-26-000086
Document: 0001574085-26-000086-index-headers.html0001574085-26-000086
Document: 0001574085-26-000086-index.html0001574085-26-000086
Document: 0001574085-26-000086.txt0001574085-26-000086
10 reports for BHR
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+5▲ +3.45%Jun 10, 2026
Filters
Rows
Reports for BHR — sortable, filterable
Type Now
Jun 12, 2026
6d ago
8-K
BULLISH ★ 7/10
$2.17 $2.12▼ −2.30%▼ −4.07%$2.03 (−6.45%)
Jun 10, 2026
8d ago
8-K
BULLISH ★ 6/10
$16.81 $17.23▲ +2.50%▲ +1.96%$2.03 (−87.92%)
May 28, 2026
22d ago
8-K
NEUTRAL ★ 2/10
$16.81 $16.82▲ +0.09%▼ −0.15%$2.03 (−87.92%)
May 22, 2026
27d ago
8-K
NEUTRAL ★ 2/10
$16.60 $16.87▲ +1.63%▲ +1.61%$2.03 (−87.77%)
May 21, 2026
28d ago
8-K
NEUTRAL ★ 2/10
$16.64 $16.60▼ −0.27%▼ −0.86%$2.03 (−87.80%)
Apr 30, 2026
7w ago
8-K
BULLISH ★ 6/10
$16.50 $16.41▼ −0.55%▼ −0.20%$2.03 (−87.70%)
Apr 29, 2026
7w ago
10-K/A
NEUTRAL ★ 2/10
$16.50 $16.50· 0.00%▼ −0.22%$2.03 (−87.70%)
Apr 23, 2026
8w ago
8-K
NEUTRAL ★ 2/10
$16.40 $16.50▲ +0.61%▲ +0.45%$2.03 (−87.62%)
Apr 3, 2026
10w ago
8-K
NEUTRAL ★ 3/10
$16.93 $16.65▼ −1.65%▼ −1.71%$2.03 (−88.01%)
Feb 25, 2026
16w ago
8-K
NEUTRAL ★ 3/10
$3.07 $2.91▼ −5.21%▼ −4.76%$2.03 (−33.88%)
Showing 10 of 10

US Market Status

Market Closed — Juneteenth — Opens Mon (77h 18m)

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