Summary
2.91 0.37(14.52%)07/05/2024
Braemar Hotels & Resorts Inc (BHR)
Braemar Hotels & Resorts Inc (BHR)
Key Facts
1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
14.80 | 14.13 | 0.88 | 44.79 | 16.41 | -24.41 | -67.82 | -80.73 |
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Trading Data | ||
Close | 2.91 | |
Open | 2.54 | |
High | 3.05 | |
Low | 2.53 | |
Volume | 807,254 | |
Change | 0.38 | |
Change % | 14.80 | |
Avg Volume (20 Days) | 368,105 | |
Volume/Avg Volume (20 Days) Ratio | 2.19 | |
52 Week Range | 1.79 - 4.09 | |
Price vs 52 Week High | -28.84% | |
Price vs 52 Week Low | 62.59% | |
Range | 14.58 | |
Gap Up/Down | -0.04 |
Fundamentals | ||
Market Capitalization (Mln) | 193 | |
EBIDTA | 43,568,000 | |
PE Ratio | 0.0000 | |
PEG Ratio | 0.0000 | |
WallStreet Target Price | 10.75 | |
Book Value | 6.2270 | |
Earnings Per Share | -1.3930 | |
EPS Estimate Current Quarter | -0.2000 | |
EPS Estimate Next Quarter | -0.2800 | |
EPS Estimate Current Year | -0.7400 | |
EPS Estimate Next Year | -0.0300 | |
Diluted EPS (TTM) | -1.3930 | |
Revenues | ||
Profit Marging | -0.1452 | |
Operating Marging (TTM) | -0.0840 | |
Return on asset (TTM) | -0.0103 | |
Return on equity (TTM) | -0.1335 | |
Revenue TTM | 348,663,008 | |
Revenue per share TTM | 7.5980 | |
Quarterly Revenue Growth (YOY) | 1.5980 | |
Quarterly Earnings Growth (YOY) | 0.0000 | |
Gross Profit (TTM) | 6,397,000 |
Dividends | ||
Dividend Share | 0.1600 | |
Dividend Yield | 0.0343 | |
Valuations | ||
Trailing PE | 0.0000 | |
Forward PE | 0.0000 | |
Price Sales (TTM) | 0.0000 | |
Price Book (MRQ) | 0.7784 | |
Revenue Enterprise Value | 4.0630 | |
EBITDA Enterprise Value | 32.9852 | |
Shares | ||
Shares Outstanding | 64,503,000 | |
Shares Float | 54,516,484 | |
Shares Short | 0 | |
Shares Short (Prior Month) | 0 | |
Shares Ratio | 0.00 | |
Short Outstanding (%) | 0.00 | |
Short Float (%) | 0.00 | |
Insider (%) | 19.34 | |
Institutions (%) | 62.34 |
07/07 09:00 EST - seekingalpha.com
A Fragile Facade
U.S. equity markets climbed to fresh record-highs during the Independence Day week, while interest rates fell sharply after a critical slate of employment data showed evidence of cooling labor markets. Traders monitored the continued fallout from the prior week's lopsided debate, reflecting an increased probability that President Biden will step aside ahead of the November elections. Narrow market breadth - notably, the outperformance of large-cap equities over small-caps - remained a theme this week, as it has since the start of the Fed's rate hiking cycle.
A Fragile Facade
U.S. equity markets climbed to fresh record-highs during the Independence Day week, while interest rates fell sharply after a critical slate of employment data showed evidence of cooling labor markets. Traders monitored the continued fallout from the prior week's lopsided debate, reflecting an increased probability that President Biden will step aside ahead of the November elections. Narrow market breadth - notably, the outperformance of large-cap equities over small-caps - remained a theme this week, as it has since the start of the Fed's rate hiking cycle.
07/02 18:00 EST - prnewswire.com
BRAEMAR HOTELS & RESORTS AND BLACKWELLS CAPITAL ENTER INTO COOPERATION AGREEMENT
Blackwells to Withdraw Proxy Solicitation and Vote in Favor of All Braemar Nominees and Proposals Company to Add Independent Director with Input from Blackwells, Which Will Become a Significant Shareholder DALLAS , July 2, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has entered into a cooperation agreement (the "Cooperation Agreement") with Blackwells Capital LLC ("Blackwells"). Under the terms of the Cooperation Agreement, Blackwells will withdraw its director nomination notice and proposals, cease soliciting proxies and vote in favor of all Braemar directors and proposals at the 2024 Annual Meeting of Stockholders (the "Annual Meeting").
BRAEMAR HOTELS & RESORTS AND BLACKWELLS CAPITAL ENTER INTO COOPERATION AGREEMENT
Blackwells to Withdraw Proxy Solicitation and Vote in Favor of All Braemar Nominees and Proposals Company to Add Independent Director with Input from Blackwells, Which Will Become a Significant Shareholder DALLAS , July 2, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has entered into a cooperation agreement (the "Cooperation Agreement") with Blackwells Capital LLC ("Blackwells"). Under the terms of the Cooperation Agreement, Blackwells will withdraw its director nomination notice and proposals, cease soliciting proxies and vote in favor of all Braemar directors and proposals at the 2024 Annual Meeting of Stockholders (the "Annual Meeting").
06/21 16:05 EST - globenewswire.com
Blackwells Releases Letter to Fellow Shareholders Highlighting Ongoing Corporate Piracy Being Carried Out by Braemar Chairman Monty Bennett and His Cronies
Shareholder Campbell Capital Management Speaks Out in Support of Blackwells' Campaign for Change at Braemar Blackwells Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a letter to its fellow shareholders. The full text of the letter can be found on the following page and at www.NoMoreMonty.com.
Blackwells Releases Letter to Fellow Shareholders Highlighting Ongoing Corporate Piracy Being Carried Out by Braemar Chairman Monty Bennett and His Cronies
Shareholder Campbell Capital Management Speaks Out in Support of Blackwells' Campaign for Change at Braemar Blackwells Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a letter to its fellow shareholders. The full text of the letter can be found on the following page and at www.NoMoreMonty.com.
06/17 16:18 EST - globenewswire.com
Blackwells Highlights Statements from Braemar's Definitive Proxy Filing
Notes Rampant Use of Terms ‘Related Party' and ‘Conflicts of Interest' Suggests Braemar's Massive Stock Price Decline Today is Justified NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), commented on the filing of Braemar's Definitive Proxy Statement (the “Definitive Proxy”) with the Securities and Exchange Commission (the “SEC”) today. Jason Aintabi, Chief Investment Officer of Blackwells, said: “Braemar filed its Definitive Proxy and Braemar's shares finished down 7% while the markets took out record highs.
Blackwells Highlights Statements from Braemar's Definitive Proxy Filing
Notes Rampant Use of Terms ‘Related Party' and ‘Conflicts of Interest' Suggests Braemar's Massive Stock Price Decline Today is Justified NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), commented on the filing of Braemar's Definitive Proxy Statement (the “Definitive Proxy”) with the Securities and Exchange Commission (the “SEC”) today. Jason Aintabi, Chief Investment Officer of Blackwells, said: “Braemar filed its Definitive Proxy and Braemar's shares finished down 7% while the markets took out record highs.
06/17 16:15 EST - prnewswire.com
BRAEMAR HOTELS & RESORTS SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS , June 17, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2024. Braemar plans to issue its earnings release for the second quarter after the market closes on Wednesday, July 31, 2024, and will host a conference call on Thursday, August 1, 2024, at 11:00 a.m.
BRAEMAR HOTELS & RESORTS SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS , June 17, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2024. Braemar plans to issue its earnings release for the second quarter after the market closes on Wednesday, July 31, 2024, and will host a conference call on Thursday, August 1, 2024, at 11:00 a.m.
06/11 16:00 EST - globenewswire.com
Blackwells Calls out More of Mr. Bennett's Fictions
Highlights Mr. Bennett's Expertise in Shareholder Value Extraction Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), responded to a press release issued by Braemar today.
Blackwells Calls out More of Mr. Bennett's Fictions
Highlights Mr. Bennett's Expertise in Shareholder Value Extraction Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), responded to a press release issued by Braemar today.
06/11 09:00 EST - prnewswire.com
BRAEMAR HOTELS & RESORTS LAUNCHES EXPEL BLACKWELLS WEBSITE
Introduces www.ExpelBlackwells.com to Provide Shareholders the Facts About Blackwells' Misleading and Confusing "Campaign" to Defame Braemar Braemar Remains Committed to Acting in the Best Interests of All Shareholders to Maximize Value Encourages Shareholders to Ignore the Noise and Discard the White Proxy Card DALLAS , June 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the launch of www.ExpelBlackwells.com, in connection with Braemar's 2024 Annual Meeting of Stockholders scheduled to be held on Tuesday, July 30, 2024 (the "2024 Annual Meeting"). The website provides important information regarding "activist" investor Blackwells Capital LLC's ("Blackwells") misinformation campaign against Braemar, including on the backgrounds of Blackwells' hand-picked, purported nominees and its continued attempts to mislead shareholders.
BRAEMAR HOTELS & RESORTS LAUNCHES EXPEL BLACKWELLS WEBSITE
Introduces www.ExpelBlackwells.com to Provide Shareholders the Facts About Blackwells' Misleading and Confusing "Campaign" to Defame Braemar Braemar Remains Committed to Acting in the Best Interests of All Shareholders to Maximize Value Encourages Shareholders to Ignore the Noise and Discard the White Proxy Card DALLAS , June 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the launch of www.ExpelBlackwells.com, in connection with Braemar's 2024 Annual Meeting of Stockholders scheduled to be held on Tuesday, July 30, 2024 (the "2024 Annual Meeting"). The website provides important information regarding "activist" investor Blackwells Capital LLC's ("Blackwells") misinformation campaign against Braemar, including on the backgrounds of Blackwells' hand-picked, purported nominees and its continued attempts to mislead shareholders.
06/10 16:33 EST - globenewswire.com
Blackwells Capital Releases Presentation Detailing Continued Buffoonery of Monty Bennett
Applauds Support for Blackwells' Campaign from Other Braemar Shareholders Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a presentation titled, “ The Continued Buffoonery of Monty Bennett .” Additionally, Blackwells is pleased to announce that independent shareholders of Braemar are speaking out and concurring with Blackwells' campaign aims: to terminate the egregious external management agreement with Ashford Inc. (“Ashford”) and to reconstitute Braemar's entrenched Board.
Blackwells Capital Releases Presentation Detailing Continued Buffoonery of Monty Bennett
Applauds Support for Blackwells' Campaign from Other Braemar Shareholders Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a presentation titled, “ The Continued Buffoonery of Monty Bennett .” Additionally, Blackwells is pleased to announce that independent shareholders of Braemar are speaking out and concurring with Blackwells' campaign aims: to terminate the egregious external management agreement with Ashford Inc. (“Ashford”) and to reconstitute Braemar's entrenched Board.
06/10 09:00 EST - seekingalpha.com
Sell These 11 REITs While You Still Can
The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most damage in any downturn. This article identifies 11 companies that fit this description.
Sell These 11 REITs While You Still Can
The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most damage in any downturn. This article identifies 11 companies that fit this description.
05/15 17:35 EST - seekingalpha.com
10 REITs At Mega Discounts To NAV
These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.
10 REITs At Mega Discounts To NAV
These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.
05/15 10:45 EST - zacks.com
Is Braemar Hotels & Resorts (BHR) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Braemar Hotels & Resorts (BHR) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
05/14 20:30 EST - prnewswire.com
BRAEMAR HOTELS & RESORTS UPDATES STOCKHOLDERS THAT 'ACTIVIST' BLACKWELLS CAPITAL'S ATTEMPTED WITHHOLD PROXY CAMPAIGN AT ASHFORD TRUST HAS FAILED
DALLAS , May 14, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that, based on estimated preliminary results, Blackwells Capital LLC's ("Blackwells") withhold proxy campaign at Ashford Hospitality Trust, Inc. ("Ashford Trust") proved to be a failure, as only 7% of Ashford Trust's outstanding shares voted on the Blackwells proxy card. Ashford Trust announced earlier today that seven of its nine nominees received a majority of the votes cast and the remaining two nominees were re-appointed by the Board after the meeting in accordance with Ashford Trust's corporate governance guidelines.
BRAEMAR HOTELS & RESORTS UPDATES STOCKHOLDERS THAT 'ACTIVIST' BLACKWELLS CAPITAL'S ATTEMPTED WITHHOLD PROXY CAMPAIGN AT ASHFORD TRUST HAS FAILED
DALLAS , May 14, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that, based on estimated preliminary results, Blackwells Capital LLC's ("Blackwells") withhold proxy campaign at Ashford Hospitality Trust, Inc. ("Ashford Trust") proved to be a failure, as only 7% of Ashford Trust's outstanding shares voted on the Blackwells proxy card. Ashford Trust announced earlier today that seven of its nine nominees received a majority of the votes cast and the remaining two nominees were re-appointed by the Board after the meeting in accordance with Ashford Trust's corporate governance guidelines.
05/08 21:01 EST - zacks.com
Compared to Estimates, Braemar Hotels & Resorts (BHR) Q1 Earnings: A Look at Key Metrics
The headline numbers for Braemar Hotels & Resorts (BHR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Braemar Hotels & Resorts (BHR) Q1 Earnings: A Look at Key Metrics
The headline numbers for Braemar Hotels & Resorts (BHR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
05/08 20:16 EST - zacks.com
Braemar Hotels & Resorts (BHR) Beats Q1 FFO and Revenue Estimates
Braemar Hotels & Resorts (BHR) came out with quarterly funds from operations (FFO) of $0.42 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.44 per share a year ago.
Braemar Hotels & Resorts (BHR) Beats Q1 FFO and Revenue Estimates
Braemar Hotels & Resorts (BHR) came out with quarterly funds from operations (FFO) of $0.42 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.44 per share a year ago.
05/06 18:07 EST - prnewswire.com
BRAEMAR HOTELS & RESORTS ANNOUNCES SHAREHOLDER VALUE CREATION PLAN
DALLAS , May 6, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company"), reflecting its commitment to creating long-term value for shareholders, today announced notable capital market activities and strategic updates, including: The sale of Hilton Torrey Pines for $165 million, while evaluating the sale of two other hotels, The repayment of its remaining 2024 debt maturities, A $50 million preferred share redemption program, and A $50 million common share buyback authorization The Company announced today that it has signed a definitive agreement to sell the 394-room Hilton La Jolla Torrey Pines located in La Jolla, California for $165 million. Including anticipated capital expenditures of $40 million, the sale price represents a 7.2% capitalization rate on net operating income for the trailing twelve months ended March 31, 2024.
BRAEMAR HOTELS & RESORTS ANNOUNCES SHAREHOLDER VALUE CREATION PLAN
DALLAS , May 6, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company"), reflecting its commitment to creating long-term value for shareholders, today announced notable capital market activities and strategic updates, including: The sale of Hilton Torrey Pines for $165 million, while evaluating the sale of two other hotels, The repayment of its remaining 2024 debt maturities, A $50 million preferred share redemption program, and A $50 million common share buyback authorization The Company announced today that it has signed a definitive agreement to sell the 394-room Hilton La Jolla Torrey Pines located in La Jolla, California for $165 million. Including anticipated capital expenditures of $40 million, the sale price represents a 7.2% capitalization rate on net operating income for the trailing twelve months ended March 31, 2024.
04/27 07:00 EST - seekingalpha.com
Higher For Longer? Focus On The Balance Sheet
Inflation is rising, and GDP growth is slowing, posing risks to the US economy. The Federal Reserve may need to choose between fighting inflation and protecting economic growth. REITs with strong balance sheets, such as Realty Income and Prologis, are well positioned to navigate the challenges of higher inflation and rates.
Higher For Longer? Focus On The Balance Sheet
Inflation is rising, and GDP growth is slowing, posing risks to the US economy. The Federal Reserve may need to choose between fighting inflation and protecting economic growth. REITs with strong balance sheets, such as Realty Income and Prologis, are well positioned to navigate the challenges of higher inflation and rates.
04/17 20:23 EST - seekingalpha.com
The Gloomy Future Of Braemar Hotels And Ashford
Braemar's dividend coverage is only at 80%, and it has a front-loaded debt repayment schedule. The company saw its AFFO per share dip by 12 cents year-over-year. The collapse of AINC and interest rates remaining higher for longer spell gloom for BHR.
The Gloomy Future Of Braemar Hotels And Ashford
Braemar's dividend coverage is only at 80%, and it has a front-loaded debt repayment schedule. The company saw its AFFO per share dip by 12 cents year-over-year. The collapse of AINC and interest rates remaining higher for longer spell gloom for BHR.
04/11 16:25 EST - prnewswire.com
BRAEMAR HOTELS & RESORTS REMINDS SHAREHOLDERS TO DISREGARD BLACKWELLS CAPITAL'S UNLAWFUL PROXY MATERIALS
Recommends Shareholders Protect Their Investment by Discarding Blackwells' Illegal White Proxy Card and Waiting to Vote Until Receiving the Company's Proxy Materials and GOLD Proxy Card Reiterates that Braemar is Executing its Strategy to Maximize Value for All Shareholders DALLAS , April 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today sent a letter reminding shareholders to disregard any proxy materials received from activist investor Blackwells Capital LLC ("Blackwells") in connection with the Company's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting"), which is scheduled to be held on Wednesday, May 15, 2024. As previously announced on March 25, 2024, Braemar's Board of Directors (the "Board") unanimously determined that the Blackwells Nomination Notice was invalid due to Blackwells' numerous false statements and material omissions in violation of U.S. Securities and Exchange Commission ("SEC") rules and the Company's Bylaws.
BRAEMAR HOTELS & RESORTS REMINDS SHAREHOLDERS TO DISREGARD BLACKWELLS CAPITAL'S UNLAWFUL PROXY MATERIALS
Recommends Shareholders Protect Their Investment by Discarding Blackwells' Illegal White Proxy Card and Waiting to Vote Until Receiving the Company's Proxy Materials and GOLD Proxy Card Reiterates that Braemar is Executing its Strategy to Maximize Value for All Shareholders DALLAS , April 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today sent a letter reminding shareholders to disregard any proxy materials received from activist investor Blackwells Capital LLC ("Blackwells") in connection with the Company's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting"), which is scheduled to be held on Wednesday, May 15, 2024. As previously announced on March 25, 2024, Braemar's Board of Directors (the "Board") unanimously determined that the Blackwells Nomination Notice was invalid due to Blackwells' numerous false statements and material omissions in violation of U.S. Securities and Exchange Commission ("SEC") rules and the Company's Bylaws.
04/10 09:22 EST - investorplace.com
7 Penny Stocks That Could 5X by the End of 2024
Penny stocks could be your ticket to striking it rich. But don't expect easy money!
7 Penny Stocks That Could 5X by the End of 2024
Penny stocks could be your ticket to striking it rich. But don't expect easy money!
04/10 08:00 EST - prnewswire.com
BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE SECOND QUARTER OF 2024
DALLAS , April 10, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the second quarter ending June 30, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on July 15, 2024, to stockholders of record as of June 28, 2024.
BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE SECOND QUARTER OF 2024
DALLAS , April 10, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the second quarter ending June 30, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on July 15, 2024, to stockholders of record as of June 28, 2024.