The Andersons, Inc. Declares Increased Cash Dividend for First Quarter 2022

Rhea-AI Summary

The Andersons, Inc. (Nasdaq: ANDE) has declared a first quarter 2022 cash dividend of $0.18 per share, up from $0.175 in the previous quarter, reflecting a 3% increase. This dividend will be payable on January 21, 2022, to shareholders on record as of January 3, 2022. The announcement marks the company's 101st consecutive quarterly cash dividend since its Nasdaq listing in February 1996, highlighting the company's strong cash flow and operating performance.

Positive

• 3% increase in dividend from $0.175 to $0.18 per share.
• 101st consecutive quarterly cash dividend demonstrates consistent shareholder returns.

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• None.

MAUMEE, Ohio, Dec. 16, 2021 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a first quarter 2022 cash dividend of 18 cents ($0.18) per share payable on January 21, 2022, to shareholders of record as of January 3, 2022. This three percent increase from the company's fourth quarter 2021 cash dividend of seventeen and one half cents ($0.175) per share reflects strong cash flow and operating performance.

This is The Andersons' 101st consecutive quarterly cash dividend since listing on the Nasdaq in February 1996.

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, biofuels, and plant nutrient 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 announced by The Andersons for Q1 2022?

The Andersons announced a dividend of $0.18 per share for the first quarter of 2022.

When will the dividend be paid to shareholders?

The dividend will be payable on January 21, 2022.

What was the previous dividend before the increase?

The previous dividend was $0.175 per share.

How many consecutive quarterly dividends has The Andersons paid?

The Andersons has paid 101 consecutive quarterly dividends.

When was The Andersons listed on Nasdaq?

The Andersons was listed on Nasdaq in February 1996.