Bassett Furniture Industries, Incorporated Declares Quarterly Dividend of $0.20 (NASDAQ:BSET)

Posted by Doug Wharley on Jan 16th, 2026

Bassett Furniture Industries, Incorporated (NASDAQ:BSET – Get Free Report) announced a quarterly dividend on Thursday, January 15th. Stockholders of record on Friday, February 13th will be given a dividend of 0.20 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, February 13th.

Bassett Furniture Industries has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Bassett Furniture Industries has a dividend payout ratio of 65.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Bassett Furniture Industries to earn $1.33 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 60.2%.

Bassett Furniture Industries Stock Up 0.6%

NASDAQ BSET opened at $16.97 on Friday. Bassett Furniture Industries has a 52 week low of $13.62 and a 52 week high of $19.75. The firm has a market capitalization of $147.47 million, a price-to-earnings ratio of 18.86, a PEG ratio of 0.97 and a beta of 0.99. The company has a fifty day moving average of $16.09 and a two-hundred day moving average of $16.24.

About Bassett Furniture Industries

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Bassett Furniture Industries, Inc (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements.

Bassett’s products are sold through a dual-channel distribution network comprising company-owned Bassett Home Furnishings stores, a franchise and independent dealer network, and an e-commerce platform that provides online shopping, virtual design consultations and customization tools.