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 Increase of $0.005 Per Share
(Bassett, Va.) – October 13, 2011 – Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular quarterly dividend of $0.035 per share on outstanding common stock payable on December 1, 2011, to shareholders of record at the close of business November 15, 2011. This represents an increase of $0.005 over the regular dividend paid on September 1, 2011.
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality, mid-priced home furnishings. For more information, visit the Company’s website at bassettfurniture.com. (BSET-G)
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