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Braemar Hotels and Resorts 8.25% Series D Cumulative Preferred Stock

By: ,

Date Issued  11/13/2018

Shares Issued  1,600,000   Overallotment Shares  240,000

S&P Rating   NR   Moodys Rating   NR

Ticker Symbol   BHR-D        OTC Temp Ticker    BHRPP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 1/15/2019

Quarterly Dividend   .5156   Annual Dividend   2.06

Securities may be redeemed, at the issuers option, as early as 11/20/2023 for a redemption price of $25/share plus accrued interest

Distribution Payment Will NOT be a Qualified Distributions — Preferred Stocks of REITs are not qualified distributions

Maturity Date   None

 

Click here to find the offering Prospectus and Final Pricing Document

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