On October 14, 2025, Braemar Hotels & Resorts Inc. announced the declaration of dividends for various stocks, including a 5.5% Series B Cumulative Convertible Preferred Stock and an 8.25% Series D Cumulative Preferred Stock. As of September 30, 2025, there are 12,697,673 shares of Series E Redeemable Preferred Stock and 1,404,544 shares of Series M Redeemable Preferred Stock outstanding.