UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) July 14, 2011
BASSETT FURNITURE INDUSTRIES, INCORPORATED
(Exact name of registrant as specified in its charter)
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VIRGINIA
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0-209
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54-0135270
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(State or other jurisdiction of
incorporation or organization)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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3525 FAIRYSTONE PARK HIGHWAY
BASSETT, VIRGINIA
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24055
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code 276/629-6000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.01
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Completion of Acquisition or Disposition of Assets
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On July 14, 2011, Bassett Furniture Industries issued a news release relating to the declaration of a regular quarterly dividend of $.03 per share on outstanding common stock payable on September 1, 2011, to shareholders of record at the close of business August 15, 2011. A copy of the new release this information is attached to the report as Exhibit 99.
Exhibit 99 New release issued by Bassett Furniture Industries, Inc. on July 14, 2011
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BASSETT FURNITURE INDUSTRIES, INCORPORATED | |||
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Date: July 14, 2011
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By:
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/s/ J. Michael Daniel | |
| J. Michael Daniel | |||
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Vice President – Chief Accounting Officer
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EXHIBIT INDEX
Description
Exhibit No. 99 News release issued by Bassett Furniture Industries on July 14, 2011.
Exhibit 99
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Bassett Furniture Industries, Inc.
P.O. Box 626
Bassett, VA 24055
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J. Michael Daniel, Vice President
and Chief Accounting Officer
(276) 629-6614 – Investors
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| For Immediate Release |
Jay S. Moore, Director of
Communications
(276) 629-6450 – Media
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Bassett Furniture News Release
Bassett Declares Dividend
(Bassett, Va.) – July 14, 2011 – Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a regular dividend of $.03 per share on outstanding common stock payable on September 1, 2011, to shareholders of record at the close of business August 15, 2011.
Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality, mid-priced home furnishings. With 90 licensee- and company- owned stores, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. The most significant growth opportunity for Bassett continues to be the Company’s dedicated retail store program. Bassett’s retail strategy includes affordable custom-built furniture that is ready for delivery in the home within 30 days. The stores also feature the latest on-trend furniture styles, more than 750 upholstery fabrics, free in-home design visits, and coordinated decorating accessories. For more information, visit the Company’s website at bassettfurniture.com. (BSET-G)
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