Braemar Hotels & Resorts Files 8-K
Ticker: BHR-PD · Form: 8-K · Filed: Jan 13, 2025 · CIK: 1574085
Sentiment: neutral
Topics: 8-K, financial-reporting, disclosure
Related Tickers: BHR
TL;DR
BHR filed an 8-K on Jan 13th for Reg FD & financials. Check it out.
AI Summary
Braemar Hotels & Resorts Inc. filed an 8-K on January 13, 2025, reporting a Regulation FD Disclosure and Financial Statements and Exhibits. The filing pertains to events as of January 10, 2025, and includes information on common stock and Series B and D preferred stock. The company, formerly known as Ashford Hospitality Prime, Inc., is a Maryland-based real estate investment trust.
Why It Matters
This 8-K filing provides updates on Braemar Hotels & Resorts' financial reporting and regulatory disclosures, which are important for investors to understand the company's current status and compliance.
Risk Assessment
Risk Level: low — This filing is a routine 8-K for financial statements and disclosures, not indicating any immediate operational or financial distress.
Key Players & Entities
- Braemar Hotels & Resorts Inc. (company) — Registrant
- Ashford Hospitality Prime, Inc. (company) — Former company name
- January 13, 2025 (date) — Date of Report
- January 10, 2025 (date) — Date as of change
FAQ
What specific event triggered this 8-K filing?
The filing is for a Regulation FD Disclosure and Financial Statements and Exhibits, indicating routine reporting rather than a single specific event.
What is the company's state of incorporation?
Braemar Hotels & Resorts Inc. is incorporated in Maryland.
What was the company's former name?
The company was formerly known as Ashford Hospitality Prime, Inc.
What is the principal executive office address?
The principal executive offices are located at 14185 Dallas Parkway, Suite 1200, Dallas, Texas 75254.
What is the SIC code for Braemar Hotels & Resorts Inc.?
The Standard Industrial Classification (SIC) code is 6798 for Real Estate Investment Trusts.
Filing Stats: 935 words · 4 min read · ~3 pages · Grade level 10.6 · Accepted 2025-01-10 18:06:11
Key Financial Figures
- $0.05 — ) declared a quarterly cash dividend of $0.05 per diluted share for the Company's com
- $0.20 — end, which equates to an annual rate of $0.20 per share, is payable on April 15, 2025
- $0.3438 — first quarter ending March 31, 2025, of $0.3438 per diluted share, for the Company's 5.
- $0.5156 — first quarter ending March 31, 2025, of $0.5156 per diluted share, for the Company's 8.
- $0.15625 — le Preferred Stock, payable as follows: $0.15625 per share will be paid on February 18,
- $0.17708 — ble Preferred Stock payable as follows: $0.17708 per share will be paid on February 18,
- $0.17500 — ble Preferred Stock payable as follows: $0.17500 per share will be paid on February 17,
Filing Documents
- bhr-20250113.htm (8-K) — 32KB
- bhr2025q1dividendspr.htm (EX-99.1) — 15KB
- braemarlogoa40a.jpg (GRAPHIC) — 113KB
- 0001574085-25-000002.txt ( ) — 376KB
- bhr-20250113.xsd (EX-101.SCH) — 2KB
- bhr-20250113_def.xml (EX-101.DEF) — 16KB
- bhr-20250113_lab.xml (EX-101.LAB) — 28KB
- bhr-20250113_pre.xml (EX-101.PRE) — 17KB
- bhr-20250113_htm.xml (XML) — 5KB
01 REGULATION FD DISCLOSURE
ITEM 7.01 REGULATION FD DISCLOSURE. On January 13, 2025, Braemar Hotels & Resorts Inc. (the "Company") issued a press release announcing 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 first quarter ending March 31, 2025. This dividend, which equates to an annual rate of $0.20 per share, is payable on April 15, 2025, to stockholders of record as of March 31, 2025. The Board declared a quarterly cash dividend for the first quarter ending March 31, 2025, of $0.3438 per diluted share, for the Company's 5.5% Series B Cumulative Convertible Preferred Stock. This dividend is payable on April 15, 2025, to stockholders of record as of March 28, 2025. The Board declared a quarterly cash dividend for the first quarter ending March 31, 2025, of $0.5156 per diluted share, for the Company's 8.25% Series D Cumulative Preferred Stock. This dividend is payable on April 15, 2025, to stockholders of record as of March 31, 2025. The Board declared a monthly cash dividend for all CUSIPs of the Company's Series E Redeemable Preferred Stock, payable as follows: $0.15625 per share will be paid on February 18, 2025, to stockholders of record as of January 31, 2025; $0.15625 per share will be paid on March 17, 2025 to stockholders of record as of February 28, 2025; and $0.15625 per share will be paid on April 15, 2025 to stockholders of record as of March 31, 2025. The Board declared a monthly cash dividend for CUSIPs 10482B705, 10482B887 and 10482B796 of the Company's Series M Redeemable Preferred Stock payable as follows: $0.17708 per share will be paid on February 18, 2025 to stockholders of record as of January 31, 2025; $0.17708 per share will be paid on March 17, 2025 to stockholders of record as of February 28, 2025; and $0.17708 per share will be paid on April 15, 2025 to stockholders of record as of March 31, 2025. The Board declared a monthly cash dividend for all remaining CUSIPs
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit Number Exhibit Description 99.1 Press Release of the Company, dated January 13, 2025 , furnished under Item 7.01, announcing the declaration of dividends 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BRAEMAR HOTELS & RESORTS INC. Dated: January 13, 2025 By: /s/ Alex Rose Alex Rose Executive Vice President, General Counsel & Secretary