Bassett Furniture (NASDAQ: BSET) sets $0.20 quarterly dividend payout
Rhea-AI Filing Summary
Bassett Furniture Industries declared a regular quarterly cash dividend of $0.20 per share on its common stock. The dividend will be paid on May 29, 2026 to shareholders who are on record at the close of business on May 15, 2026.
This continues the company’s practice of returning cash to shareholders while it operates a broad home furnishings business, including 86 company- and licensee-owned stores, a large wholesale network, and online sales through its website.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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FAQ
What dividend did Bassett Furniture (BSET) declare on March 12, 2026?
Bassett Furniture declared a regular quarterly dividend of $0.20 per share of common stock. The dividend reflects ongoing cash returns to shareholders alongside Bassett’s multi-channel home furnishings business, including company stores, wholesale accounts, and online sales.
When is the Bassett Furniture (BSET) dividend record date and payment date?
Shareholders of record on May 15, 2026 will receive Bassett’s quarterly dividend. The $0.20 per share dividend is scheduled to be paid on May 29, 2026, as approved by the company’s Board of Directors.
Is the Bassett Furniture (BSET) dividend described as regular or special?
The company described the payment as a regular quarterly dividend of $0.20 per share. This wording indicates an ongoing program of periodic cash distributions, subject to future Board decisions and the company’s financial and operating conditions.
What business does Bassett Furniture (BSET) operate alongside its dividend program?
Bassett Furniture operates a diversified home furnishings business. It sells products through 86 company- and licensee-owned stores, more than 1,000 wholesale open market accounts, design centers, and its direct-to-consumer website at www.bassettfurniture.com.
Who announced the Bassett Furniture (BSET) dividend decision?
The dividend was announced in a news release from Bassett Furniture Industries, Inc.. The release listed Senior Vice President and Chief Financial & Administrative Officer J. Michael Daniel and Vice President of Communications Peter D. Morrison as contacts.
