BSET dividend yield calculator – Bassett Furniture Industries Inc Declares 0.16 Cash Dividend

Dividends Yield

BSET dividend yield calculator – BASSETT FURNITURE INDUSTRIES ($NASDAQ:BSET) is an American furniture manufacturing company, headquartered in Bassett, Virginia. On February 1 2023, Bassett Furniture Industries Inc declared a cash dividend of 0.16 USD per share. This is the fourth consecutive year that the company has issued an annual dividend per share of 0.6 USD, yielding 3.24% each year. For those looking for dividend stocks, BASSETT FURNITURE INDUSTRIES is an attractive option due to its consistent dividend history. The ex-dividend date for this dividend is February 9 2023, which means that shareholders who own the stock before this date will be eligible for the dividend payout. BASSETT FURNITURE INDUSTRIES has a long history of providing quality furniture to its customers. With an extensive portfolio of products ranging from bedroom furniture to office furniture and home décor, the company is well-positioned to meet the needs of its customers.

In addition, the company has a strong commitment to sustainability and ethical manufacturing practices, which are essential for long-term success in the furniture industry. Overall, BASSETT FURNITURE INDUSTRIES is an attractive option for dividend investors due to its strong dividend yield and commitment to sustainability and ethical practices. With a consistent dividend history and a commitment to providing quality products, the company is well-positioned to continue to pay out dividends in the future.

Market Price

The company is committed to delivering quality products at reasonable prices and strives to provide superior customer service. It has been recognized for its commitment to innovation and sustainability, having won numerous awards for its products and practices. In addition to its core furniture business, Bassett Furniture Industries also provides financing services to its customers through its Bassett Financial Services branch. The company also owns and operates a number of manufacturing and distribution facilities located across the United States. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for BSET. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for BSET. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for BSET. More…

Key Ratios Snapshot

Some of the financial key ratios for BSET are shown below. More…

Analysis – BSET Intrinsic Value

GoodWhale’s proprietary Valuation Line estimates the fair value of BASSETT FURNITURE INDUSTRIES shares to be around $18.0. This analysis takes into account BASSETT FURNITURE INDUSTRIES’ fundamentals, including its financial performance, profitability, dividend yield and future outlook. Currently, BASSETT FURNITURE INDUSTRIES stock is trading at $19.3, which is slightly above its fair value and represents an overvaluation of 7.1%. Investors should be aware that a stock’s price can deviate from its fair value for various reasons, including market sentiment, institutional investors’ activities, and macroeconomic factors. In order to make a more informed decision, investors should carefully analyze BASSETT FURNITURE INDUSTRIES’ financial health and business performance. GoodWhale provides comprehensive research tools to help investors make better decisions when evaluating companies. With our in-depth analysis, investors can gain insight into a company’s fundamentals, as well as its performance relative to the industry and the market. Additionally, GoodWhale offers an array of tools designed to help investors identify opportunities and manage their portfolios more effectively. More…

Peers

Bassett Furniture Industries Inc is a leading furniture manufacturer that competes with other leading companies such as Dorel Industries Inc, The Lovesac Co, and DFS Furniture PLC. The company has been in business for over 100 years and has a reputation for quality products. Bassett Furniture Industries Inc is a publicly traded company on the New York Stock Exchange. The company’s headquarters is located in Bassett, Virginia.

– Dorel Industries Inc ($TSX:DII.B)

Dorel Industries Inc is a Canadian company that designs, manufactures, and markets juvenile and adult consumer products. The company has a market cap of 166.2M as of 2022 and a Return on Equity of -9.02%.

Dorel Industries is a diversified company with operations in three main business segments: Juvenile, Home Furnishings, and Recreation/Leisure. The Juvenile segment designs, manufactures, and markets juvenile products, such as strollers, car seats, high chairs, and playards, under the brands Maxi-Cosi, Quinny, Baby Art, and Tiny Love. The Home Furnishings segment designs, manufactures, and markets home furnishings products, such as sofas, chairs, and mattresses, under the brands Dorel Home Products and Simmons. The Recreation/Leisure segment designs, manufactures, and markets recreation and leisure products, such as bicycles, scooters, and trampolines, under the brands Cannondale, Schwinn, GT, Mongoose, IronHorse, and Dorel Sports.

Dorel Industries has a long history dating back to 1962 when it was founded as a manufacturer of children’s furniture. Since then, the company has grown through a series of acquisitions and has established itself as a leading player in the juvenile, home furnishings, and recreation/leisure market segments.

– The Lovesac Co ($NASDAQ:LOVE)

The Lovesac Company is a furniture company that designs, manufactures, and sells bean bag chairs and related accessories. The company has a market cap of $343.47 million and a return on equity of 15.26%. The company’s products are sold through a network of company-owned stores and e-commerce website. Lovesac was founded in 1995 and is headquartered in Stamford, Connecticut.

– DFS Furniture PLC ($LSE:DFS)

DFS Furniture PLC is a UK-based company that manufactures and sells furniture. The company has a market cap of 271.97M as of 2022 and a Return on Equity of 19.51%. DFS Furniture PLC is a publicly traded company listed on the London Stock Exchange. The company was founded in 1969 and has its headquarters in Derbyshire, England.

Summary

BASSETT FURNITURE INDUSTRIES is a stock worth considering for those looking to invest in dividend stocks, as it has issued an annual dividend per share of 0.6 USD, yielding 3.24% each year over the last three years. With an ex-dividend date of February 9 2023, investors can look forward to a steady stream of income from dividend payments each year. The stock also has potential for capital appreciation due to its consistent dividend yields and growing recognition in the marketplace. Investors should conduct their own research and analysis on the company, its management, and the wider industry before investing.