Braemar Hotels & Resorts Inc.
BHRReal Estate · Stock · quarterly payer
Forward Yield
9.66%
Annual Dividend
$0.20
Payout Ratio
38%
5-Yr Growth
—
Ex-Date
Dec 31, 2025
Frequency
Quarterly
Summary
As of August 2026, Braemar Hotels & Resorts Inc. (BHR) yields 9.66% ($0.20 per share annually), with a blended fair-value estimate of $3.15 — +52% upside, so it screens as undervalued. Dividend safety grade: C (53/100).
Is BHR a good dividend stock?
MixedBraemar Hotels & Resorts Inc. (BHR) pays a quarterly dividend yielding 9.66% ($0.20/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (38%)
Risks
- Cut its dividend in 2022
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.66%
- Payout Ratio
- 38%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Dec 31, 2025
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.81
- Market Cap
- $150.5M
- P/E Ratio
- —
- 5-Yr Total Return
- -57%
- 52-Week Range
- —
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
BHR Price — Last 12 Months
Daily close
Price Return
1 Year
-24%
3 Years
-25%
5 Years
-57%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BHR worth?
Undervaluedlow confidenceOur blended fair-value estimate for Braemar Hotels & Resorts Inc. is $3.15 per share, versus a market price of $2.07. That implies 52% of upside — a margin of safety of about 34%.
Fair Value
$3.15
Current Price
$2.07
Upside
+52%
Margin of Safety
34%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.4% discount rate (CAPM), 0.2% stage-1 growth, 2.5% terminal growth, -$0.73 EPS, $0.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BHR Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Dec 31, 2025 | — | $0.0500 | regular |
| Sep 30, 2025 | — | $0.0500 | regular |
| Jun 30, 2025 | — | $0.0500 | regular |
| Mar 31, 2025 | — | $0.0500 | regular |
| Dec 31, 2024 | — | $0.0500 | regular |
| Sep 30, 2024 | — | $0.0500 | regular |
| Jun 28, 2024 | — | $0.0500 | regular |
| Mar 27, 2024 | — | $0.0500 | regular |
| Dec 28, 2023 | — | $0.0500 | regular |
| Sep 28, 2023 | — | $0.0500 | regular |
| Jun 29, 2023 | — | $0.0500 | regular |
| Mar 30, 2023 | — | $0.0500 | regular |
| Dec 29, 2022 | — | $0.0500 | regular |
| Sep 29, 2022 | — | $0.0100 | regular |
Income Calculator
At $0.20 / yr per share
