Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - BASSETT FURNITURE INDUSTRIES INC | bassett_8k-071411.htm |
Exhibit 99
|
Bassett Furniture Industries, Inc.
P.O. Box 626
Bassett, VA 24055
|
J. Michael Daniel, Vice President
and Chief Accounting Officer
(276) 629-6614 – Investors
|
| For Immediate Release |
Jay S. Moore, Director of
Communications
(276) 629-6450 – Media
|
Bassett Furniture News Release
Bassett Declares Dividend
(Bassett, Va.) – July 14, 2011 – Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular dividend of $.03 per share on outstanding common stock payable on September 1, 2011, to shareholders of record at the close of business August 15, 2011.
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality, mid-priced home furnishings. With 90 licensee- and company- owned stores, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. The most significant growth opportunity for Bassett continues to be the Company’s dedicated retail store program. Bassett’s retail strategy includes affordable custom-built furniture that is ready for delivery in the home within 30 days. The stores also feature the latest on-trend furniture styles, more than 750 upholstery fabrics, free in-home design visits, and coordinated decorating accessories. For more information, visit the Company’s website at bassettfurniture.com. (BSET-G)
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