Bassett Regular Quarterly Dividend

Bassett Furniture Industries, Inc. (Nasdaq: BSET) has declared a quarterly dividend of $0.16 per share, set to be paid on November 25, 2022, to shareholders on record as of November 11, 2022.

Rhea-AI Summary

Bassett Furniture Industries, Inc. (Nasdaq: BSET) has declared a quarterly dividend of $0.16 per share, set to be paid on November 25, 2022, to shareholders on record as of November 11, 2022. This decision reflects Bassett's commitment to returning value to its shareholders while maintaining operations as a leading manufacturer of high-quality home furnishings with 92 stores and over 700 wholesale accounts across the U.S.

Positive

• Quarterly dividend of $0.16 per share announced.
• Paid to shareholders on record, reflecting company confidence.
• Strong brand presence with 92 stores and 700 wholesale accounts.

Negative

• None.

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BASSETT, Va., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.16 per share of common stock, payable on November 25, 2022, to shareholders of record at the close of business on November 11, 2022.

About Bassett Furniture Industries, Inc.
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 92 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 and Chief Financial
Officer
(276) 629-6614 - Investors

Peter D. Morrison, Vice President of
Communications
(276) 629-6387 – Media

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by BSET?

Bassett Furniture declared a quarterly dividend of $0.16 per share.

When will the BSET dividend be paid?

The dividend will be paid on November 25, 2022.

What is the record date for Bassett's dividend?

The record date for the dividend is November 11, 2022.

How many stores does BSET operate?

Bassett operates 92 company- and licensee-owned stores.