Bassett Furniture Industries (BSET) Declares $0.30 Special Dividend

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Go back to Bassett Furniture Industries (BSET) Declares $0.30 Special Dividend

Bassett Announces Special Dividend

November 8, 2016 9:00 AM EST

BASSETT, Va., Nov. 08, 2016 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors declared a $0.30 per share special dividend payable on December 16, 2016 to shareholders of record on December 2, 2016.

We are pleased to announce this $0.30 special dividend at the end of our fiscal year, said Robert H. Spilman, Jr., Chairman and Chief Executive Officer.  In 2016, we have opened a new upholstery manufacturing facility, opened two corporate retail stores and repositioned another, upgraded our Zenith Logistics truck fleet, expanded our Bench Made factory, and invested in our technology... More