Bassett Declares Dividend Increase of $0.005 Per Share

Bassett Furniture Industries, Inc. BSET announced today that its Board of Directors has declared a regular quarterly dividend of $0.035 per share on outstanding common stock payable on December 1, 2011, to shareholders of record at the close of business November 15, 2011. This represents an increase of $0.005 over the regular dividend paid on September 1, 2011.