Bassett ups dividend 12.5%

Thomas, Larry
March 2008
Furniture/Today;3/24/2008, Vol. 32 Issue 29, p94
Trade Publication
The article reports on the plan of Bassett Furniture Industries Inc., a Bassett, Virginia-based furniture group, to increase its common stock dividend by 12.5%. It was stated that the company's board of directors voted to step-up the common stock dividend to create an aggressive share repurchase program. According to Rob Spilman, the group's chief executive officer, the company's decision will enable them to wisely return value to its shareholders.


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