Braemar Hotels & Resorts Inc. announced 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 fourth quarter ending December 31, 2023. This dividend, which equates to an annual rate of $0.20 per share, is payable on January 16, 2024, to stockholders of record as of December 29, 2023.