The Andersons, Inc. Declares Cash Dividend for First Quarter 2025

Rhea-AI Summary

The Andersons (Nasdaq: ANDE) has announced a first quarter 2025 cash dividend of $0.195 per share, payable on January 23, 2025, to shareholders of record as of January 02, 2025. This represents a 3% increase from the previous quarter's dividend of $0.19 per share, reflecting strong cash generation despite shifting agricultural markets. This marks the company's 113th consecutive quarterly dividend since its Nasdaq listing in February 1996. The Andersons, recently recognized on Forbes' list of America's Most Successful Small Companies and Newsweek's list of America's Most Responsible Companies, operates in commodity merchandising, renewables, and nutrient & industrial sectors.

Positive

• 3% dividend increase from $0.19 to $0.195 per share
• Strong cash generation performance reported
• Maintained 113 consecutive quarters of dividend payments
• Recognition on Forbes' Most Successful Small Companies list

Negative

• Challenging agricultural market conditions noted

Insights

Financial Analyst

The 3% dividend increase to $0.195 per share signals solid financial health and management's confidence in future cash flows. This marks the company's 113th consecutive quarterly dividend, demonstrating a strong commitment to shareholder returns and consistent capital allocation strategy. The dividend boost, while modest, is particularly noteworthy given the volatile agricultural commodity markets, suggesting robust underlying business fundamentals and effective risk management. The company's inclusion in Forbes' successful small companies list and recognition for growth by Financial Times further supports the positive trajectory. For income-focused investors, the dividend increase, though incremental, represents a positive signal about the company's financial stability and growth prospects in the agricultural sector.

MAUMEE, Ohio, Dec. 12, 2024 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a first quarter 2025 cash dividend of 19.5 cents ($0.195) per share payable on January 23, 2025, to shareholders of record as of January 02, 2025. This three percent increase from the company's fourth quarter 2024 cash dividend of 19 cents ($0.19) per share reflects continuing strong cash generation through shifting ag markets.

This is The Andersons 113^th consecutive quarterly cash dividend since listing on the Nasdaq in February 1996.

About The Andersons, Inc.

The Andersons, Inc., named for 2024 to Forbes list of America's Most Successful Small Companies, Newsweek's list of America's Most Responsible Companies, and one of The Americas' Fastest Growing Companies by the Financial Times, is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and nutrient & industrial sectors. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. For more information, please visit www.andersonsinc.com.

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SOURCE The Andersons, Inc.

FAQ

What is The Andersons' (ANDE) Q1 2025 dividend amount?

The Andersons' Q1 2025 dividend is $0.195 per share, payable on January 23, 2025, to shareholders of record as of January 02, 2025.

How much did ANDE increase its dividend in Q1 2025?

ANDE increased its dividend by 3%, from $0.19 to $0.195 per share.

When will The Andersons (ANDE) pay its Q1 2025 dividend?

The Andersons will pay its Q1 2025 dividend on January 23, 2025.

How many consecutive quarters has ANDE paid dividends?

The Andersons has paid 113 consecutive quarterly dividends since its Nasdaq listing in February 1996.

What is the record date for ANDE's Q1 2025 dividend?

The record date for The Andersons' Q1 2025 dividend is January 02, 2025.