MAUMEE, Ohio, Dec. 20,
2017 /CNW/ -- The Andersons, Inc. (Nasdaq: ANDE) today
announced a first quarter 2018 cash dividend of 16.5 cents ($0.165)
per share payable January 23, 2018,
to shareholders of record on January 2,
2018. The cash dividend is increasing from 16 cents to 16.5
cents.
"The increase in the dividend reflects our confidence in the
Company's long-term plan for financial growth," says Srikanth Dasari, Vice President and
Treasurer.
This is The Andersons' 85th consecutive quarterly
cash dividend since listing on the Nasdaq on February 20, 1996. The company has raised its
dividend at least annually for 16 consecutive years. There are
approximately 28.3 million common shares outstanding.
About The Andersons, Inc.
Founded in Maumee, Ohio, in 1947, The Andersons is a
diversified company rooted in agriculture. The company conducts
business across North America in
the grain, ethanol, plant nutrient and rail sectors. For more
information, visit The Andersons online at
www.andersonsinc.com.
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SOURCE The Andersons, Inc.