Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Bassett Increases Quarterly Dividend by 20 Percent



Bassett Increases Quarterly Dividend by 20 Percent

BASSETT, Va., July 18, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries,
Inc. (Nasdaq:BSET) announced today that its Board of Directors has increased
the regular quarterly dividend by 20%, declaring a dividend of $.06 per share
of outstanding common stock payable on August 30, 2013 to shareholders of
record at the close of business August 15, 2013.

Bassett Furniture Industries, Inc. (Nasdaq:BSET), is a leading manufacturer
and marketer of high quality, mid-priced home furnishings. With 89 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 affordable custom-built furniture that is ready for delivery in the
home within 30 days. The stores also feature the latest on-trend furniture
styles, more than 1,000 upholstery fabrics, free in-home design visits, and
coordinated decorating accessories. Bassett is also growing its traditional
wholesale business with more than 500 accounts on the open market, across the
United States and internationally. For more information, visit the Company's
website at bassettfurniture.com. (BSET-E)

CONTACT: J. Michael Daniel, Senior Vice President
         and Chief Financial Officer
         (276) 629-6614 - Investors
        
         Jay S. Moore, Director of Communications
         (276) 629-6450 - Media
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement