Bassett announces record & payment dates for special dividend
23 Jun '08
1 min read
Bassett Furniture Industries Inc announced that its Board of Directors has approved the first installment of $0.75 per share to be paid as part of the $1.25 special dividend announced in April.
Accordingly, $0.75 per share will be paid to shareholders of record as of July 16, 2008 with a payment date of August 1, 2008.
The second installment of $0.50 per share is expected to be paid in October 2008 as further proceeds from liquidating additional portions of the Company's investment portfolio are received.
Bassett Furniture Industries Inc is a leading manufacturer and marketer of high quality, mid-priced home furnishings.