Bassett Declares Quarterly Dividend
October 06 2016 - 9:53AM
Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today
that its Board of Directors has declared a dividend of $0.10 per
share of outstanding common stock payable on November 25, 2016 to
shareholders of record at the close of business on November 11,
2016.
Bassett Furniture Industries, Inc.
(NASDAQ:BSET), is a leading manufacturer and marketer of high
quality, mid-priced home furnishings. With 90 company- and
licensee-owned stores, 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. The most significant growth opportunity
for Bassett continues to be the Company’s dedicated retail store
program. Bassett’s retail strategy includes affordable custom-built
furniture that is ready for delivery in the home within 30 days.
The stores also feature 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. 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
Jay S. Moore, Director of
Communications
(276) 629-6450 – Media
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