Bassett Increases Quarterly Dividend by 12.5%
12 Julho 2023 - 5:25PM
Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today
that its Board of Directors has increased the quarterly dividend by
12.5%, declaring a regular quarterly dividend of $0.18 per share of
common stock, payable on August 25, 2023, to shareholders of record
at the close of business on August 11, 2023.
About Bassett Furniture Industries, Inc.
Bassett Furniture Industries, Inc.
(NASDAQ:BSET), is a leading manufacturer and marketer of high
quality home furnishings. With 91 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 VicePresident
and Chief Financial Officer(276)
629-6614 - Investors
Peter D. Morrison, Vice President of
Communications(276) 629-6387 – Media
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