Bassett Furniture Industries (BSET) Raises Quarterly Dividend 11.1% to $0.10; New Director Named

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Go back to Bassett Furniture Industries (BSET) Raises Quarterly Dividend 11.1% to $0.10; New Director Named

Bassett Announces Board Appointment & Increases Quarterly Dividend

July 14, 2016 5:08 PM EDT

BASSETT, Va., July 14, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ: BSET) announced that on July 13, 2016, John R. Belk, former President and Chief Operating Officer of Belk, Inc., was elected a member of its Board of Directors.  The Companys Chairman and CEO, Robert H. Spilman, Jr., said, We are pleased and excited to have a director of Johnny Belks caliber join our Board.  Johnny has more than thirty years of experience in retail as well as two decades of public company board service, making him a... More