Bassett Furniture Stock Slips Before the Open — Dividend Date and Housing Worries Put BSET in Focus
Bassett Furniture Industries shares were last quoted at $14.46, down 1.2% from the prior close, ahead of Wednesday’s regular U.S. session, with the latest reported trade coming after Tuesday’s close. The Nasdaq-listed furniture maker had a market value of about $125 million at that quote. The timing matters. Regular Nasdaq trading was still ahead, with the exchange’s core session running from 9:30 a.m. to 4 p.m. Eastern time, and the stock is two days from a scheduled cash dividend payment. A dividend is a cash return paid to shareholders.