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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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) March 12, 2026

BASSETT FURNITURE INDUSTRIES, INCORPORATED

(Exact name of registrant as specified in its charter)

Virginia	000-00209	54-0135270
(State or other jurisdiction of incorporation or organization)	(Commission File No.)	(I.R.S. Employer Identification No.)

3525 Fairystone Park Highway Bassett, Virginia	24055
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (276) 629-6000

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

	Title of each class		Trading Symbol		Name of exchange on which registered
	Common Stock ($5.00 par value)		BSET		NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On March 12, 2026, Bassett Furniture Industries issued a news release relating to the declaration of a quarterly dividend of $0.20 per share of common stock payable on May 29, 2026, to shareholders of record at the close of business on May 15, 2026. A copy of the news release is attached to the report as Exhibit 99.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99 News release issued by Bassett Furniture Industries, Inc. on March 12, 2026.

104 Cover Page Interactive Data File (embedded within the inline XBRL document)

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

March 12, 2026	By:	/s/ J. Michael Daniel
	J. Michael Daniel
	Title:	Senior Vice President – Chief Financial & Administrative Officer

Exhibit 99

Bassett Furniture Industries, Inc.	J. Michael Daniel, Senior Vice
P.O. Box 626	President - Chief Financial
Bassett, VA 24055	& Administrative Officer
	(276) 629-6614 - Investors
	Peter D. Morrison, Vice President of Communications
For Immediate Release	(276) 629-6387 – Media

Bassett Furniture News Release

Bassett Announces Regular Quarterly Dividend

(Bassett, Va.) – March 12, 2026 –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 May 29, 2026, to shareholders of record at the close of business on May 15, 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 86 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)

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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.

Which shares are eligible for Bassett Furniture’s $0.20 dividend?

The $0.20 per share dividend applies to Bassett Furniture’s common stock. Investors holding the common shares as of the May 15, 2026 record date will be entitled to receive the dividend payment on May 29, 2026.

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.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99 EXHIBIT 99 6.9 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.5 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 11.2 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 15.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.3 KB