MAUMEE, Ohio, May 6 /PRNewswire-FirstCall/ -- The Andersons, Inc.
(Nasdaq: ANDE) today announced a cash dividend of 8-1/2 cents per share,
payable July 22, 2005, to shareholders of record on July 1, 2005. This
dividend represents a 6.3% increase over the quarterly dividends paid in the
first two quarters of 2005.
This is The Andersons' 35th consecutive quarterly cash dividend since its
listing on Nasdaq on February 20, 1996. There are approximately 7.4 million
common shares outstanding.
The Andersons, Inc. is a diversified company with interests in the grain
and plant nutrient sectors of U.S. agriculture, as well as in railcar
marketing, industrial materials formulation, turf products production, and
general merchandise retailing. Founded in Maumee, Ohio, in 1947, the
company presently has operations in seven U.S. states plus rail equipment
leasing interests in Canada and Mexico. Total revenues in 2004 were
$1.3 billion.
The Andersons, Inc. is located on the Internet at http://www.andersonsinc.com .
SOURCE The Andersons, Inc.
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Related links:
http://www.andersonsinc.com
CONTACT:
Gary Smith, VP Finance & Treasurer of The
Andersons, Inc., +1-419-891-6417
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