Bassett Increases Regular Quarterly Dividend by 14%

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 FinancialOfficer (276) 629-6614 - Investors

Peter D. Morrison, Vice President ofCommunications(276) 629-6387 – Media

Source: Bassett Furniture Industries, Incorporated

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Fluent, Inc. to Participate in 19th Annual Barrington Research Virtual Fall Investment Conference
• Compassion Flowers launches website with extensive collection of Toronto sympathy flowers and funeral arrangements
• AssetBuilt Announces Two Landmark Food & Beverage Manufacturing Auctions Featuring World-Class Brewery and Citrus Processing Assets