Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.
BAssett Furniture Industries Dividend Announcement
• BAssett Furniture Industries announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
• BAssett Furniture Industries annual dividend for 2024 was $0.94
• BAssett Furniture Industries annual dividend for 2023 was $0.68
• BAssett Furniture Industries 's trailing twelve-month (TTM) dividend yield is 6.16%
• BAssett Furniture Industries 's payout ratio for the trailing twelve months (TTM) is -38.15%
• BAssett Furniture Industries 's dividend growth over the last five years (2018-2023) was 7.67% year
• BAssett Furniture Industries 's dividend growth over the last ten years (2013-2023) was 4.94% year
BAssett Furniture Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.20 | quarterly | 2024-11-29 |
2024-08-16 | $0.20 | quarterly | 2024-08-30 |
2024-05-16 | $0.18 | quarterly | 2024-05-31 |
2024-02-15 | $0.18 | quarterly | 2024-03-01 |
2024-02-08 | $0.18 | quarterly | 2024-03-01 |
2023-11-09 | $0.18 | quarterly | 2023-11-24 |
2023-08-10 | $0.18 | quarterly | 2023-08-25 |
2023-05-11 | $0.16 | quarterly | 2023-05-26 |
2023-02-09 | $0.16 | quarterly | 2023-02-24 |
2022-11-09 | $0.16 | quarterly | 2022-11-25 |
2022-08-11 | $0.16 | quarterly | 2022-08-26 |
2022-05-12 | $0.14 | quarterly | 2022-05-27 |
2022-03-22 | $1.50 | quarterly | 2022-04-06 |
2022-02-10 | $0.14 | quarterly | 2022-02-25 |
2021-11-10 | $0.14 | quarterly | 2021-11-26 |
2021-08-12 | $0.14 | quarterly | 2021-08-27 |
2021-05-13 | $0.12 | quarterly | 2021-05-28 |
2021-02-11 | $0.12 | quarterly | 2021-02-26 |
2020-12-11 | $0.25 | quarterly | 2020-12-22 |
2020-11-12 | $0.12 | quarterly | 2020-11-27 |
2020-08-13 | $0.20 | quarterly | 2020-08-28 |
2020-02-13 | $0.12 | quarterly | 2020-02-28 |
2019-11-14 | $0.12 | quarterly | 2019-11-29 |
2019-08-15 | $0.12 | quarterly | 2019-08-30 |
2019-05-16 | $0.12 | quarterly | 2019-05-31 |
2019-02-14 | $0.12 | quarterly | 2019-03-01 |
2018-11-08 | $0.12 | quarterly | 2018-11-23 |
2018-08-09 | $0.12 | quarterly | 2018-08-24 |
2018-05-10 | $0.11 | quarterly | 2018-05-25 |
2018-02-08 | $0.11 | quarterly | 2018-02-23 |
2017-11-30 | $0.35 | quarterly | 2017-12-15 |
2017-11-09 | $0.11 | quarterly | 2017-11-24 |
2017-08-09 | $0.11 | quarterly | 2017-08-25 |
2017-05-10 | $0.10 | quarterly | 2017-05-26 |
2017-02-08 | $0.10 | quarterly | 2017-02-24 |
2016-11-30 | $0.30 | quarterly | 2016-12-16 |
2016-11-08 | $0.10 | quarterly | 2016-11-25 |
2016-08-10 | $0.10 | quarterly | 2016-08-26 |
2016-05-11 | $0.09 | quarterly | 2016-05-27 |
2016-02-10 | $0.09 | quarterly | 2016-02-26 |
2015-12-02 | $0.20 | quarterly | 2015-12-18 |
2015-11-10 | $0.09 | quarterly | 2015-11-27 |
2015-08-12 | $0.09 | quarterly | 2015-08-28 |
2015-05-13 | $0.08 | quarterly | 2015-05-29 |
2015-02-11 | $0.08 | quarterly | 2015-02-27 |
2014-12-03 | $0.20 | quarterly | 2014-12-19 |
2014-11-12 | $0.08 | quarterly | 2014-11-28 |
2014-08-13 | $0.08 | quarterly | 2014-08-29 |
2014-05-13 | $0.06 | quarterly | 2014-05-30 |
2014-02-12 | $0.06 | quarterly | 2014-02-28 |
2013-12-06 | $0.20 | quarterly | 2013-12-20 |
2013-11-13 | $0.06 | quarterly | 2013-11-29 |
2013-08-13 | $0.06 | quarterly | 2013-08-30 |
2013-05-13 | $0.05 | quarterly | 2013-05-31 |
2013-02-13 | $0.05 | quarterly | 2013-03-01 |
BAssett Furniture Industries Dividend per year
BAssett Furniture Industries Dividend growth
BAssett Furniture Industries Dividend Yield
BAssett Furniture Industries current trailing twelve-month (TTM) dividend yield is 6.16%. Interested in purchasing BAssett Furniture Industries stock? Use our calculator to estimate your expected dividend yield:
BAssett Furniture Industries Financial Ratios
BAssett Furniture Industries Dividend FAQ
Other factors to consider when evaluating BAssett Furniture Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: BAssett Furniture Industries 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, BAssett Furniture Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, BAssett Furniture Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from BAssett Furniture Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: BAssett Furniture Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, BAssett Furniture Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BAssett Furniture Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of BAssett Furniture Industries 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review BAssett Furniture Industries 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.