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home / news releases / BSET - Bassett Furniture: Strong Results Special Dividend Likely With Huge Net Cash

BSET - Bassett Furniture: Strong Results Special Dividend Likely With Huge Net Cash

Bassett Furniture Industries Incorporated
  • Sale of Zenith Freight Lines is a big positive and will improve net cash per share.
  • $11.90 net cash per share [including proceeds from the sale] represents 66% of the stock price.
  • Above expectations 4Q22 earnings.
  • Stock up 33% on the announcement.
  • We expect special dividend/higher regular dividends.

For further details see:

Bassett Furniture: Strong Results, Special Dividend Likely With Huge Net Cash
Stock Information
Company Name: Bassett Furniture Industries Incorporated
Stock Symbol: BSET
Market: NASDAQ
Website: bassettfurniture.com
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