Bassett Announces Regular Quarterly Dividend

Rhea-AI Summary

Bassett Furniture Industries (Nasdaq: BSET) has declared a regular quarterly dividend of $0.20 per share of common stock. The dividend will be payable on August 29, 2025, to shareholders of record at the close of business on August 15, 2025.

The company operates 87 company- and licensee-owned stores and maintains a wholesale business serving over 700 accounts across the United States. Bassett specializes in custom-built furniture featuring latest trends, complemented by free in-home design visits and coordinated decorating accessories.

Positive

• Regular quarterly dividend maintained at $0.20 per share
• Strong retail presence with 87 company and licensee-owned stores
• Extensive wholesale network with over 700 accounts nationwide

Negative

• None.

BASSETT, Va., July 17, 2025 (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 29, 2025, to shareholders of record at the close of business on August 15, 2025.

About Bassett Furniture Industries, Inc.

Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 87 company- and licensee-owned stores at the time of this release, 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 stylish, custom-built furniture that features 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.  For more information, visit the Company’s website at 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

When will Bassett Furniture (BSET) pay its latest quarterly dividend?

Bassett Furniture will pay its quarterly dividend of $0.20 per share on August 29, 2025 to shareholders of record as of August 15, 2025.

What is Bassett Furniture's (BSET) current quarterly dividend amount?

Bassett Furniture's current quarterly dividend is $0.20 per share of common stock.

How many retail stores does Bassett Furniture (BSET) operate?

Bassett Furniture operates 87 company- and licensee-owned stores across its retail network.

How many wholesale accounts does Bassett Furniture (BSET) serve?

Bassett Furniture serves more than 700 wholesale accounts across the United States.

What is the record date for Bassett Furniture's (BSET) latest dividend?

The record date for Bassett Furniture's latest dividend is August 15, 2025.