Braemar Hotels & Resorts (BHR) Declares $0.05 Quarterly Dividend; $25M Buyback Plan
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BRAEMAR HOTELS & RESORTS ANNOUNCES INCREASE IN COMMON DIVIDEND AND NEW STOCK REPURCHASE AUTHORIZATION
December 8, 2022 4:25 PM ESTQuarterly Common Stock Dividend Increased to $0.05 Per Share
Board of Directors Authorizes $25 million for Share Repurchases
DALLAS, Dec. 8, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that its Board of Directors increased its quarterly cash dividend from $0.01 per share to $0.05 per share beginning with the Company's common stock dividend for the fourth quarter ending December 31, 2022. The dividend, which equates to an annual rate of $0.20 per... More
