MAUMEE, Ohio, May 6, 2011 /PRNewswire/ -- The Andersons, Inc. (NasdaqGS: ANDE) today announced a third quarter 2011 cash dividend of 11 cents ($0.11) payable July 22, 2011, to shareholders of record on July 1, 2011.

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This is The Andersons' 59th consecutive quarterly cash dividend since its listing on the Nasdaq on February 20, 1996. There are approximately 18.5 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 across the United States, in Puerto Rico, and has rail equipment leasing interests in Canada and Mexico. For more information, visit The Andersons online at www.andersonsinc.com.

SOURCE The Andersons, Inc.

SOURCE: The Andersons, Inc.