Bassett Furniture Industries (BSET) Lowers Quarterly Dividend 36% to $0.08; 4.1% Yield
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Bassett Declares Regular Quarterly Dividend and Reinstates Previously Deferred Dividend
July 16, 2020 4:01 PM EDTBASSETT, Va., July 16, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.08 per share of common stock, representing a 36% reduction due to the uncertainties around the COVID-19 pandemic. The Board also reinstated the dividend of $0.125 per share of outstanding common stock that was previously deferred on March 31, 2020 due to economic and financial disruptions caused by the pandemic. Both dividends are... More
