Braemar Hotels and Resorts 8.25% Series D Cumulative Preferred Stock
By: Tim McPartland,
Date Issued 11/13/2018
Shares Issued 1,600,000 Overallotment Shares 240,000
S&P Rating NR Moodys Rating NR
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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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Tim McPartland
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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.
