Bassett Declares Quarterly Dividend
March 12 2020 - 6:19PM
Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today
that its Board of Directors has declared a dividend of $0.125 per
share of outstanding common stock payable on May 29, 2020 to
shareholders of record at the close of business on May 15, 2020.
Bassett Furniture Industries, Inc.
(NASDAQ:BSET), is a leading manufacturer and marketer of high
quality home furnishings. With 103 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. Bassett’s retail strategy includes
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
Peter D. Morrison, Vice President of
Communications(276) 629-6387 – Media
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