Bassett Furniture Industries (BSET) Declares $0.125 Quarterly Dividend, Increases Buyback Plan by $12M

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Go back to Bassett Furniture Industries (BSET) Declares $0.125 Quarterly Dividend, Increases Buyback Plan by $12M

Bassett Announces Quarterly Dividend & Increases Share Repurchase Plan

October 4, 2018 4:37 PM EDT

BASSETT, Va., Oct. 04, 2018 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq:  BSET) announced today that its Board of Directors has declared a dividend of $0.125 per share of outstanding common stock payable on November 23, 2018 to shareholders of record at the close of business on November 9, 2018.  In addition, the Board of Directors has increased the Companys existing share repurchase authorization by nearly $12 million back to the original limit of $20 million.

We are pleased that the Board has... More