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

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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