The Andersons, Inc. Declares Cash Dividend for First Quarter 2021

Rhea-AI Summary

The Andersons, Inc. (Nasdaq: ANDE) has declared a cash dividend of $0.175 per share for the first quarter of 2021. This dividend is payable on January 20, 2021, to shareholders on record as of January 4, 2021. This marks the 97th consecutive quarterly cash dividend since the company went public in February 1996.

Positive

• Announced a dividend of $0.175 per share, showcasing commitment to returning value to shareholders.
• 97th consecutive quarterly dividend highlights company’s stable financial performance.

Negative

• None.

News Market Reaction – ANDE

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-5.03% Session move

In the trading session that priced this news, ANDE declined 5.03%, reflecting a notable negative market reaction.

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MAUMEE, Ohio, Dec. 17, 2020 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a first quarter 2021 cash dividend of 17.5 cents ($0.175) per share payable on January 20, 2021, to shareholders of record as of January 4, 2021. This is The Andersons' 97^th 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, 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 Q1 2021?

The Andersons, Inc. declared a dividend of $0.175 per share for Q1 2021.

When is the dividend payable for The Andersons, Inc.?

The dividend is payable on January 20, 2021.

What date do I need to be a shareholder to receive the dividend?

Shareholders must be on record by January 4, 2021, to receive the dividend.

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

The Andersons, Inc. has paid 97 consecutive quarterly dividends.