MAUMEE, Ohio, Dec. 19, 2012 /PRNewswire/ -- The Andersons, Inc. (NasdaqGS: ANDE) today announced a first quarter 2013 cash dividend of 16 cents ($0.16) per share payable January 23, 2013, to shareholders of record on January 2, 2013.
"The increase in the dividend for our shareholders reflects our positive financial results and our confidence in our earnings capacity going forward," says Nick Conrad, V.P Finance and Treasurer.
This is The Andersons' 65th consecutive quarterly cash dividend since its listing on the Nasdaq on February 20, 1996. There are approximately 18.6 million common shares outstanding.
About The Andersons, Inc. The Andersons, Inc. is a diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, the company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing. For more information, visit The Andersons online at www.andersonsinc.com.
SOURCE The Andersons, Inc.