Bassett Declares Quarterly Dividend
January 16 2020 - 4:54PM
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 February 28, 2020
to shareholders of record at the close of business on February 14,
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. 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
FinancialOfficer(276) 629-6614 -
Investors
Peter D. Morrison, Vice President
ofCommunications(276) 629-6387 – Media
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