The Andersons, Inc. Declares Cash Dividend for First Quarter 2023

Rhea-AI Summary

The Andersons, Inc. (Nasdaq: ANDE) has declared a first quarter 2023 cash dividend of 18.5 cents ($0.185) per share, marking a 3% increase from the previous quarter's dividend of 18 cents ($0.18). This dividend is payable on January 20, 2023, to shareholders on record as of January 3, 2023. This announcement marks the company's 105th consecutive quarterly cash dividend since its listing on Nasdaq in February 1996, reflecting ongoing strong operational performance.

Positive

• 3% increase in quarterly cash dividend from 18 cents to 18.5 cents per share.
• 105th consecutive quarterly cash dividend demonstrates financial stability and shareholder return strategy.

Negative

• None.

MAUMEE, Ohio, Dec. 16, 2022 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a first quarter 2023 cash dividend of 18.5 cents ($0.185) per share payable on January 20, 2023, to shareholders of record as of January 3, 2023. This three percent increase from the company's fourth quarter 2022 cash dividend of 18 cents ($0.18) per share reflects continuing strong operating performance.

This is The Andersons 105^th consecutive quarterly cash dividend since listing on the Nasdaq in February 1996.

About The Andersons, Inc.
The Andersons, Inc., celebrating 75 years of service and named to Forbes® lists of America's Best Employers for 2022 and Best Employers for Diversity 2022 as well as America's Most Trusted Companies 2022 by Newsweek®, is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient 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.

Contact:
Mike Hoelter
Vice President, Corporate Controller and Investor Relations
Phone:  419-897-6715
Email:  investorrelations@andersonsinc.com

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SOURCE The Andersons, Inc.

FAQ

What is the cash dividend amount declared by The Andersons for Q1 2023?

The cash dividend amount declared is 18.5 cents ($0.185) per share.

When will the cash dividend for Q1 2023 be paid?

The cash dividend will be paid on January 20, 2023.

What was the previous dividend amount before the increase?

The previous dividend amount was 18 cents ($0.18) per share.

How many consecutive quarterly dividends has The Andersons declared?

The Andersons has declared 105 consecutive quarterly cash dividends.

What date is the record for shareholders to receive the dividend?

The record date for shareholders to receive the dividend is January 3, 2023.