BHR-P-B: Braemar Hotels & Resorts Inc. 5.5% Series B Preferred Stock
Braemar Hotels & Resorts Inc.'s BHR-P-B is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $14.90, BHR-P-B yields 9.23% on its $25 liquidation preference and 5.5% coupon.
It trades at a discount of 40.4% to par.
The issue is cumulative, perpetual (no stated maturity), convertible.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.