Bassett Increases Quarterly Dividend From $0.16 To $0.18/Share
Portfolio Pulse from Benzinga Newsdesk
Bassett Furniture Industries (BSET) has increased its quarterly dividend from $0.16 to $0.18 per share.

July 12, 2023 | 8:27 pm
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POSITIVE IMPACT
Bassett Furniture Industries has increased its quarterly dividend, which may attract income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract more investors, particularly those focused on income, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100