Bassett Announces Quarterly Dividend & Increases Share Repurchase Plan

Oct 04, 2018

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 Company’s existing share repurchase authorization by nearly $12 million back to the original limit of $20 million.

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