Bassett Furniture Industries has announced a forthcoming dividend of $0.200 per share, which represents a slight decrease from the average of the last ten dividends, calculated at $0.213 per share. The announcement was made on Jul 16, 2025, with an ex-dividend date set for Aug 15, 2025, and the payout scheduled for Aug 29, 2025. The dividend type is cash dividend. Previously, the company issued a dividend on May 30, 2025, also amounting to $0.200 per share, under the same cash dividend type.
Recently,
has been the subject of significant market developments. Over the past week, analysts have downgraded the company’s stock rating from a "strong-buy" to a "buy," reflecting a shift in sentiment regarding its future prospects. This change suggests a cautious outlook from analysts, who have noted potential fluctuations in the company's performance.
In addition, Bassett's stock price has experienced noticeable movement. On Aug 11, 2025, the stock closed at $16.05, marking a decline of 2.49%. This performance follows the triggering of a KDJ Death Cross indicator on a 15-minute chart, which is often interpreted by traders as a bearish signal, potentially affecting short-term trading strategies.
As of late, Bassett Furniture Industries has also announced a new board appointment and released its Q2 2025 earnings call. The earnings report highlighted a significant EPS surprise, with reported EPS at $0.220 against a consensus forecast of $0.130, resulting in a notable 69.23% positive surprise. This financial performance could be a pivotal factor influencing investor sentiment and market outlook.
In conclusion, Bassett Furniture Industries has demonstrated both stable dividend practices and dynamic market activity. Investors should be aware that the ex-dividend date of Aug 15, 2025 is the last opportunity to purchase shares and qualify for the upcoming dividend. Any acquisition post this date will not be eligible for the dividend payout.
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