Bassett Declares Quarterly Dividend
October 05 2017 - 2:34PM
Bassett Furniture Industries, Inc. (Nasdaq:BSET) announced today
that its Board of Directors has declared a dividend of $0.11 per
share of outstanding common stock payable on November 24, 2017 to
shareholders of record at the close of business on November 10,
2017.
Bassett Furniture Industries, Inc.
(NASDAQ:BSET), is a leading manufacturer and marketer of high
quality 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 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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