MAUMEE, Ohio, Feb. 22 /PRNewswire-FirstCall/ -- The Andersons, Inc.
(Nasdaq: ANDE) today announced a second quarter 2008 cash dividend of 7.75
cents ($0.0775) payable April 22, 2008, to shareholders of record on April
1, 2008.
This is the third consecutive quarter the company has provided a
dividend that represents a 63 percent increase over the dividend paid
during the first quarter of 2007.
This is The Andersons' 46th consecutive quarterly cash dividend since
its listing on the Nasdaq on February 20, 1996. There are approximately 18
million common shares outstanding.
About The Andersons, Inc.
The Andersons, Inc. is a diversified company with interests in the
grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as
in railcar leasing and repair, turf products production, and general
merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now
has operations in eight U.S. states plus rail leasing interests in Canada
and Mexico. For more, visit The Andersons online at http://www.andersonsinc.com.
SOURCE The Andersons, Inc.
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Related links:
http://www.andersonsinc.com
CONTACT:
Gary L. Smith, VP, Finance & Treasurer of The
Andersons, Inc., +1-419-891-6417, gary_smith@andersonsinc.com
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