Braemar Hotels & Resorts' Series B Preferred Stock Yield Pushes Past 10%
May 20, 2024 at 14:06 PM EDT
In trading on Monday, shares of Braemar Hotels & Resorts Inc's 5.50% Series B Cumulative Convertible Preferred Stock (BHR. RB) were yielding above the 10% mark based on its quarterly dividend (annualized to $1.3752), with shares changing hands as low as $13.74 on the day.
