The Andersons, Inc. Announces Increased Cash Dividend for the Second Quarter
Feb 26, 2010
The Andersons, Inc. (NasdaqGS: ANDE) today announced a second quarter 2010 cash dividend of 9.0 cents ($0.09) payable April 22, 2010, to shareholders of record on April 1, 2010. This amount reflects an increase from the company's first quarter 2010 cash dividend of nearly three percent.
This is The Andersons' 54th consecutive quarterly cash dividend since its listing on the Nasdaq on February 20, 1996. There are approximately 18.3 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 16 U.S. states and Puerto Rico, plus rail equipment leasing interests in Canada and Mexico. For more information, visit The Andersons online at www.andersonsinc.com.
First Call Analyst:
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SOURCE: The Andersons, Inc.
CONTACT: Nicholas C. Conrad, VP, Finance & Treasurer, +1-419-891-6415,
Web Site: http://www.andersonsinc.com/