The Andersons, Inc. Announces Significantly Increased Cash Dividend for the Fourth Quarter
Aug 16, 2007
The Andersons, Inc.
The fourth quarter cash dividend of 7.75 cents ($0.0775) is payable October 22, 2007, to shareholders of record on October 1, 2007.
This is The Andersons' 44th consecutive quarterly cash dividend since its listing on the Nasdaq on February 20, 1996. There are about 17.9 million common shares outstanding.
About The Andersons, Inc.
The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now has operations in seven U.S. states plus rail leasing interests in Canada and Mexico. For more, visit The Andersons online at http://www.andersonsinc.com/.
First Call Analyst:
SOURCE: The Andersons, Inc.
CONTACT: Gary L. Smith, VP, Finance & Treasurer of The Andersons, Inc.,
Web site: http://www.andersonsinc.com/