MAUMEE, Ohio, Feb. 27 /PRNewswire-FirstCall/ -- The Andersons, Inc.
(Nasdaq: ANDE) today announced a cash dividend of 9 cents per share, payable
April 24, 2006, to shareholders of record on April 3, 2006. This dividend
represents a 6 percent increase over the quarterly dividend paid in the first
quarter of 2006.
This is The Andersons' 38th consecutive quarterly cash dividend since its
listing on Nasdaq on February 20, 1996. There are about 7.6 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
marketing, industrial products formulation, turf products production, and
general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company
now has operations in seven U.S. states plus rail equipment 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, or gary_smith@andersonsinc.com
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