Bassett Furniture Industries (BSET) Declares $0.35 Special Dividend; 0.9% Yield

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Go back to Bassett Furniture Industries (BSET) Declares $0.35 Special Dividend; 0.9% Yield

Bassett Declares Special Dividend

November 7, 2017 8:55 AM EST

BASSETT, Va., Nov. 07, 2017 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a special dividend of $0.35 per share of outstanding common stock payable on December 15, 2017 to shareholders of record at the close of business on December 1, 2017.

We are pleased to announce a year end special dividend to our shareholders of $0.35, commented Rob Spilman, Chairman and Chief Executive Officer.  We continued to invest in the business in 2017 by opening five new stores and repositioning another, consolidating our Texas upholstery... More