 DALLAS, July 14, 2021 PRNewswire -- Braemar Hotels Resorts Inc. NYSE: BHR Braemar or the Company announced today that its Board of Directors authorized, and the Company declared, regular cash dividends on the Companys outstanding shares of preferred stock for the third quarter ending September 30, 2021, as follows: a quarterly cash dividend of 0.3438 per share for the Companys 5.50 Series B Cumulative Convertible Preferred Stock, which equates to an annual rate of 1.375 per share, payable on October 15, 2021 to stockholders of record as of September 30, 2021; a quarterly cash dividend of 0.5156 per share for the Companys 8.25 Series D Cumulative Preferred Stock, which equates to an annual rate of 2.0625 per share, payable on October 15, 2021 to stockholders of record as of September 30, 2021; monthly cash dividends for the Companys Series E Redeemable Preferred Stock equal to a quarterly rate of 0.50 per share and an annual rate of 2.00 per share, payable as follows: 0.1666 per share will be paid on August 16, 2021 to stockholders of record as of July 30, 2021; 0.1666 per share will be paid on September 15, 2021 to stockholders of record as of August 31, 2021; and 0.1666 per share will be paid on October 15, 2021 to stockholders of record as of September 30, 2021; and monthly cash dividends for the Companys Series M Redeemable Preferred Stock equal to a quarterly rate of 0.5125 per share and an annual rate of 2.05 per share, payable as follows: 0.1708 per share will be paid on August 16, 2021 to stockholders of record as of July 30, 2021; 0.1708 per share will be paid on September 15, 2021 to stockholders of record as of August 31, 2021; and 0.1708 per share will be paid on October 15, 2021 to stockholders of record as of September 30, 2021. As of July 9, 2021 there were 22,010 shares of the Companys Series E Redeemable Preferred Stock and no shares of the Companys Series M Redeemable Preferred Stock issued and outstanding. 