Bassett Declares Quarterly Dividend
08 March 2019 - 10:53AM
Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced
today that its Board of Directors has declared a dividend of $0.125
per share of outstanding common stock payable on May 31, 2019 to
shareholders of record at the close of business on May 17, 2019.
Bassett Furniture Industries, Inc. (NASDAQ:BSET)
is a leading manufacturer and marketer of high quality home
furnishings. With 102 company- and licensee-owned stores, 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.
The most significant growth opportunity for Bassett continues to be
the Company’s dedicated retail store program. Bassett’s retail
strategy includes custom-built furniture that is ready for delivery
in the home within 30 days. The stores also feature 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 and internationally. 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 Presidentof
Communications(276) 629-6387 – Media
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