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From Home Furnishing Business

Bassett Increases Quarterly Dividend by 20%

Bassett Furniture Inds. (NASDAQ: BSET) has increased its regular quarterly dividend by 20 percent.

The Bassett, Va.-based company's board of directors has declared a dividend of $0.06 per share of outstanding common stock payable on August 30 to shareholders of record at the close of business August 15.

In addition to manufacturing and sourcing a full line of home furnishings Bassett Furniture has 89 company- and licensee-owned stores.



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