The Andersons, Inc. Declares Cash Dividend for the Fourth Quarter

Rhea-AI Summary

The Andersons, Inc. (Nasdaq: ANDE) has declared a fourth quarter 2020 cash dividend of 17.5 cents ($0.175) per share. This dividend is payable on October 22, 2020, to shareholders of record as of October 1, 2020. This marks the company's 96th consecutive quarterly cash dividend since its Nasdaq listing in February 1996, with approximately 33.0 million common shares outstanding.

Positive

• Consistent dividend payments reflecting strong financial health.
• 96 consecutive quarterly cash dividends demonstrating commitment to shareholders.

Negative

• None.

MAUMEE, Ohio, Aug. 21, 2020 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a fourth quarter 2020 cash dividend of 17.5 cents ($0.175) per share payable on October 22, 2020, to shareholders of record as of October 1, 2020.

This is The Andersons' 96th consecutive quarterly cash dividend since listing on the Nasdaq in February 1996. There are approximately 33.0 million common shares outstanding.

About The Andersons, Inc.
Founded in 1947 in Maumee, Ohio, The Andersons, Inc. is a diversified company rooted in agriculture that conducts business in the commodity trading, ethanol, plant nutrient and rail sectors. Guided by its Statement of Principles, The Andersons strives to provide extraordinary service to its customers, help its employees improve, support its communities and increase 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 dividend amount declared by The Andersons, Inc. for Q4 2020?

The declared dividend amount is 17.5 cents ($0.175) per share.

When will the dividend be payable?

The dividend will be payable on October 22, 2020.

What is the record date for the dividend?

The record date for the dividend is October 1, 2020.

How many consecutive quarterly dividends has The Andersons, Inc. paid?

The Andersons, Inc. has paid 96 consecutive quarterly dividends.

What is the significance of the dividend for shareholders of ANDE?

The dividend represents the company's ongoing commitment to returning value to its shareholders.