Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - BASSETT FURNITURE INDUSTRIES INC | bassett_8k-071612.htm |
Exhibit 99
| Bassett Furniture Industries, Inc. | J. Michael Daniel, Vice President |
| P.O. Box 626 | and Chief Accounting Officer |
| Bassett, VA 24055 | (276) 629-6614 – Investors |
| Jay S. Moore, Director of | |
| Communications | |
| For Immediate Release | (276) 629-6450 – Media |
Bassett Furniture News Release
Bassett Declares Dividend
(Bassett, Va.) – July 16, 2012 – Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular dividend of $.05 per share on outstanding common stock payable on August 31, 2012, to shareholders of record at the close of business August 15, 2012.
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality, mid-priced home furnishings. With 87 company- and licensee - 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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