The Andersons Announces Increased Cash Dividend

PRNewswire
MAUMEE, Ohio
Dec 15, 2000

The Andersons, Inc. today announced a cash dividend of 6.5 cents per share, payable Jan. 22, 2001, to shareholders of record on Jan. 2. The dividend represents an increase of 8 percent over the amount paid in 2000.

This is the company's 17th consecutive quarterly cash dividend since its listing on Nasdaq on Feb. 20, 1996. There are approximately 7.5 million common shares outstanding.

The Andersons, Inc. is a respected leader and prominent regional player in grain merchandising. Its strong position in this basic business has allowed the company to diversify into other agribusiness operations, railcar leasing, turf care product manufacturing and distribution, and general merchandise retailing. The company has been in operation since 1947.

SOURCE: The Andersons, Inc.

Contact: Gary Smith of The Andersons, Inc., 419-891-6417


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