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BSET - Bassett Furniture raises dividend by 12% boosts buyback by $16 million
Bassett Furniture Industries Incorporated
Bassett Furniture (BSET) declares $0.14/share quarterly dividend, 12% increase from prior dividend of $0.13.Forward yield 2.26%Payable Aug. 27; for shareholders of record Aug. 13; ex-div Aug. 12.In addition, the Board of Directors has increased the Company’s existing share repurchase authorization by ~$16 million.BSET also announced that wholesale orders for June 2021 increased by 25% over June 2020 and 39% and that wholesale shipments increased 55%.See BSET Dividend Scorecard, Yield Chart, & Dividend Growth.