MAUMEE, Ohio, Dec. 16, 2016 /PRNewswire/ -- The Andersons,
Inc. (Nasdaq: ANDE) today announced a first quarter 2017 cash
dividend of 16 cents ($0.16) per share payable January 24, 2017, to shareholders of record on
January 3, 2017. The cash dividend is
increasing from 15.5 cents to 16
cents.
"The increase in the dividend reflects our long term confidence
in the Company's ability to perform," says Jim Burmeister, VP Finance and Treasurer.
This is The Andersons' 81st consecutive quarterly cash dividend
since listing on the Nasdaq on February 20,
1996 and represents the 15th consecutive year that the
dividend has been increased. There are approximately 28.2 million
common outstanding shares.
About The Andersons, Inc.
Founded in Maumee, Ohio, in
1947, The Andersons is a diversified company rooted in agriculture
conducting business across North
America in the grain, ethanol, plant nutrient and rail
sectors. The Company also has a consumer retailing presence. For
more information, visit The Andersons online at
www.andersonsinc.com.
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SOURCE The Andersons, Inc.