Attached files
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8-K - FORM 8-K - BASSETT FURNITURE INDUSTRIES INC | bset20171005_8k.htm |
Exhibit 99
Bassett Furniture Industries, Inc. |
J. Michael Daniel, Senior Vice |
P.O. Box 626 |
President and Chief Financial |
Bassett, VA 24055 |
Officer |
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(276) 629-6614 - Investors |
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Jay S. Moore, Director of Communications |
For Immediate Release |
(276) 629-6450 – Media |
Bassett Furniture News Release
Bassett Declares Quarterly Dividend
(Bassett, Va.) – October 5, 2017– Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a dividend of $0.11 per share of outstanding common stock payable on November 24, 2017 to shareholders of record at the close of business on November 10, 2017.
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 90 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 custom-built furniture that is ready for delivery in the home within 30 days. The stores also feature the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. Bassett also has a traditional wholesale business with more than 700 accounts on the open market, across the United States and internationally. For more information, visit the Company’s website at bassettfurniture.com. (BSET-E)
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