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Bassett raises quarterly dividend by 33%
Jul '14
Bassett Furniture Industries, Inc. announced that its Board of Directors has declared a dividend of $.08 per share of outstanding common stock payable on August 29, 2014 to shareholders of record at the close of business August 15, 2014.
"We are pleased to announce a 33% increase in our regular quarterly dividend", said Robert H. Spilman
Bassett Furniture Industries, Inc., is a leading manufacturer and marketer of high quality, mid-priced home furnishings. With 94 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. The most significant growth opportunity for Bassett continues to be the Company's dedicated retail store program. Bassett's retail strategy includes affordable custom-built furniture that is ready for delivery in the home within 30 days.

Bassett Furniture Industries

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