Bassett Furniture Industries Declares Quarterly Dividend

Bassett Furniture Industries, Inc. (NASDAQ:BSET) has recently announced that its Board of Directors has approved a regular quarterly dividend of $0.18 per share of common stock. This dividend will be payable on November 24, 2023, to shareholders of record as of November 10, 2023.

As a leading manufacturer and marketer of high-quality home furnishings, Bassett Furniture Industries continues to prioritize its commitment to shareholders. With a network of 89 company- and licensee-owned stores, the company has successfully established a strong brand presence in the furniture industry.

Bassett’s retail strategy focuses on providing consumers with a friendly environment for purchasing furniture and accessories. The company offers stylish, custom-built furniture that incorporates the latest on-trend styles. In addition, Bassett provides free in-home design visits and coordinated decorating accessories to enhance the overall shopping experience.

Alongside its retail operations, Bassett also maintains a traditional wholesale business, serving over 700 accounts across the United States. This diversified approach allows the company to cater to a wide range of customers and ensure its continued growth and success.

Investors and media representatives seeking further information can visit Bassett Furniture Industries’ official website at bassettfurniture.com. For inquiries, J. Michael Daniel, Senior Vice President and Chief Financial Officer, can be reached at (276) 629-6614, while Peter D. Morrison, Vice President of Communications, can be contacted at (276) 629-6387.

With its ongoing commitment to delivering high-quality home furnishings and excellent customer service, Bassett Furniture Industries remains a trusted name in the industry.