Bassett Furniture (Nasdaq: BSET) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share of common stock. The dividend is payable on August 28, 2026, to shareholders of record as of the close of business on August 14, 2026.
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Positive
$0.20 quarterly dividend declared for BSET common shareholders
Dividend payment date set for August 28, 2026
Shareholder record date established as August 14, 2026
Negative
None.
News Market Reaction – BSET
+0.41%
+0.41%Session close to close
In the Jul 16 session, BSET gained 0.41%, reflecting a mild positive market reaction.
BASSETT, Va., July 16, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.20 per share of common stock, payable on August 28, 2026, to shareholders of record at the close of business on August 14, 2026.
About Bassett Furniture Industries, Inc. Bassett Furniture Industries, Inc. (NASDAQ: BSET) is a leading provider of high-quality home furnishings with a wide range of distribution types. Bassett sells approximately 60% of its products through its network of 87 company- and licensee-owned stores which feature the latest on-trend furniture styles, the Company’s capabilities in custom furniture design and manufacturing, free in-home design visits, and coordinated decorating accessories in a professional and friendly environment. Bassett also has a significant traditional wholesale business with more than 1,000 open market accounts. Most of the open market sales are through Bassett Design Centers and Bassett Custom Studios which function as a store within a multi-line store featuring the Company’s custom furniture capabilities. The wholesale business, including the Lane Venture outdoor brand, also services general furniture stores and a growing number of interior design firms. Bassett products are also directly available to consumers at www.bassettfurniture.com. (BSET-E)
J. Michael Daniel, Senior Vice President - Chief Financial & Administrative Officer (276) 629-6614 - Investors
Peter D. Morrison, Vice President of Communications (276) 629-6387 – Media
FAQ
What dividend did Bassett Furniture (BSET) declare on July 16, 2026?
Bassett Furniture declared a regular quarterly dividend of $0.20 per share. According to Bassett Furniture, this cash dividend applies to all outstanding shares of common stock as of the announced shareholder record date in August 2026.
When is the record date for Bassett Furniture’s $0.20 dividend (BSET)?
The record date for Bassett Furniture’s $0.20 quarterly dividend is August 14, 2026. According to Bassett Furniture, shareholders of record at the close of business on that date will be eligible to receive the dividend payment.
When will Bassett Furniture (BSET) pay its August 2026 quarterly dividend?
Bassett Furniture plans to pay its regular quarterly dividend on August 28, 2026. According to Bassett Furniture, all shareholders of record as of August 14, 2026 will receive the $0.20 per share cash dividend on that payment date.
Is Bassett Furniture’s $0.20 per share dividend a regular quarterly payment for BSET investors?
Yes, the company described the $0.20 per share payment as a regular quarterly dividend. According to Bassett Furniture, this reflects its ongoing practice of returning cash to shareholders through periodic dividend distributions on its common stock.
What does the $0.20 quarterly dividend mean for Bassett Furniture (BSET) shareholders?
The $0.20 quarterly dividend provides shareholders with a direct cash return per share owned. According to Bassett Furniture, investors holding BSET on August 14, 2026 will receive this dividend payment on August 28, 2026, enhancing total return alongside any share price movement.