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wzebra33

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wzebra33

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Thursday, 08/30/2012 9:23:12 AM

Thursday, August 30, 2012 9:23:12 AM

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BASSETT, Va. (AP) - Bassett Furniture Industries Inc. on Wednesday declared a special dividend of $1.25, its second special dividend this year.

Following the announcement, the furniture maker's stock jumped 80 cents, or 7.4 percent, to $11.47 in morning trading.

Bassett said the dividend will be paid on Oct. 26 to shareholders of record on Oct. 12.

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