Bassett Furniture Industries (NASDAQ:BSET) had declared a cash dividend of $0.1000 on Oct 6, 2016. The shares will quote ex-dividend on Nov 9, 2016 and the record date has been fixed for Nov 11, 2016. On Oct 6, 2016 share price, the yield comes out to be 1.6674%. The dividend payable date has been fixed on Nov 25, 2016.
Bassett Furniture Industries (BSET) shares turned negative on Fridays trading session with the shares closing down -0.01 points or -0.04% at a volume of 18,952. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $24.45. The peak price level was also seen at $24.45 while the days lowest was $24.115. Finally the shares closed at $24.23. The 52-week high of the shares is $33.68 while the 52-week low is $22.4164. According to the latest information available, the market cap of the company is $262 M.
Bassett Furniture Industries(BSET) last announced its earnings results on Sep 29, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $104.71M. Analysts had an estimated revenue of $112.39M. Earnings per share were $0.38. Analysts had estimated an EPS of $0.39.
Several Insider Transactions has been reported to the SEC. On Aug 18, 2016, Kristina K Cashman (director) sold 3,500 shares at $25.45 per share price.Also, On Jul 6, 2016, David C Baker (SVP, Corporate Retail) purchased 410 shares at $23.95 per share price.On Jul 5, 2016, Paul Fulton (Chairman Emeritus) purchased 2,000 shares at $23.96 per share price, according to the Form-4 filing with the securities and exchange commission.
Bassett Furniture Industries Incorporated (Bassett) is a manufacturer importer and retailer of home furnishings. The Company operates in three segments: Wholesale Retail and Investments and Real Estate. The Company’s store features custom order furniture ready for delivery in less than 30 days more than 1000 upholstery fabrics free in-home design visits and decorating accessories. The Company’s range of furniture products and accessories are designed and sold through a network of 94 retail stores known as Bassett Home Furnishings (BHF). Of the 94 stores the Company owns and operates 60 stores with the other 34 being independently owned. The Company also distributes its products through other multi-line furniture stores many of which feature Bassett galleries or design centers specialty stores and mass merchants.