MAUMEE, Ohio, Dec. 13, 2019 /CNW/ -- The Andersons, Inc.
(Nasdaq: ANDE) announces a first quarter 2020 cash dividend of
17.5 cents ($0.175) per share payable January 23, 2020, to shareholders of record on
January 2, 2020. This amount reflects
an increase of half of a cent from the company's fourth quarter
2019 cash dividend. The company has increased its quarterly
dividend at least annually since 2003.
"The increase in the dividend reflects our continuing confidence
in the company's financial performance moving forward," says
Brian Valentine, Senior Vice
President and Chief Financial Officer.
This is The Andersons' 93rd consecutive quarterly cash dividend
since listing on the Nasdaq on February 20,
1996. Currently, there are approximately 32.6 million common
shares outstanding.
About The Andersons, Inc.
Founded in 1947 in
Maumee, Ohio, The Andersons, Inc.
(Nasdaq: ANDE) is a diversified company rooted in agriculture that
conducts business in the commodity trading, ethanol, plant nutrient
and rail sectors. Guided by its Statement of Principles, The
Andersons strives to provide extraordinary service to its
customers, help its employees improve, support its communities and
increase the value of the company. For more information, please
visit www.andersonsinc.com.
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SOURCE The Andersons, Inc.