Business Context and Reporting Period
Company: Bassett Furniture Industries, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: January 17, 2013
Event: Declaration of a regular quarterly dividend.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The report is limited to the declaration of a dividend.
- Dividend Amount: $0.05 per share on outstanding common stock.
- Record Date: February 15, 2013.
- Payment Date: March 1, 2013.
Material Changes
The filing does not disclose material changes to financial performance or operations compared to prior periods. It solely announces the scheduled quarterly dividend payment.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of unusual items. The document serves strictly to notify shareholders of the dividend declaration.
Investor Verification Checklist
- Verify the record date (February 15, 2013) to confirm eligibility for the dividend.
- Confirm the payment date (March 1, 2013) for cash flow planning.
- Review the attached news release (Exhibit 99) for any additional context not included in the 8-K summary.