Bassett Increases Regular Quarterly Dividend by 14%

About this update from Bassett Furniture Industries, Incorporated

BASSETT, Va. , July 14, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET ) announced today that its Board of Directors has increased the quarterly dividend by 14%, declaring a regular quarterly dividend of $0.16 per share of common stock, payable on August 26, 2022 , to shareholders of record at the close of business on August 12, 2022 . About Bassett Furniture Industries, Inc. Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 95 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 ofCommunications (276) 629-6387 – Media Source: Bassett Furniture Industries, Incorporated

View stock analysis, news, and events for Bassett Furniture Industries, Incorporated