Bassett Regular Quarterly Dividend

Rhea-AI Summary

Bassett Furniture Industries (Nasdaq: BSET) has declared a quarterly dividend of $0.14 per share, set for payment on November 26, 2021, to shareholders of record as of November 12, 2021. This announcement reflects the company's ongoing commitment to returning value to its shareholders. Additionally, Bassett operates 97 company- and licensee-owned stores and emphasizes stylish, custom-built furniture, enhancing its competitive edge in the home furnishings market.

Positive

• Quarterly dividend of $0.14 per share reinforces shareholder value.
• Company operates 97 stores, indicating strong retail presence.

Negative

• None.

BASSETT, Va., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.14 per share of common stock, payable on November 26, 2021 to shareholders of record at the close of business on November 12, 2021.

About Bassett Furniture Industries, Inc.
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 97 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett’s retail strategy includes stylish, custom-built furniture that features the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. Bassett also has a traditional wholesale business with more than 700 accounts on the open market, across the United States and internationally and a logistics business specializing in home furnishings. For more information, visit the Company’s website at bassettfurniture.com. (BSET-E)

J. Michael Daniel, Senior Vice
President and Chief Financial
Officer
(276) 629-6614 - Investors

Peter D. Morrison, Vice President of
Communications
(276) 629-6387 – Media

FAQ

What is the dividend amount declared by Bassett Furniture Industries?

The declared dividend amount is $0.14 per share.

When is the dividend payment date for Bassett Furniture Industries?

The dividend payment date is November 26, 2021.

What is the record date for Bassett's dividend?

The record date for the dividend is November 12, 2021.

How many stores does Bassett Furniture operate?

Bassett Furniture operates 97 company- and licensee-owned stores.