MAUMEE, Ohio, Aug. 16 /PRNewswire-FirstCall/ -- The Andersons, Inc.
(Nasdaq: ANDE) today announced its largest cash dividend since its listing
on the Nasdaq in February 1996. The fourth quarter cash dividend represents
a 63 percent increase over previous quarters this year.
The fourth quarter cash dividend of 7.75 cents ($0.0775) is payable
October 22, 2007, to shareholders of record on October 1, 2007.
This is The Andersons' 44th consecutive quarterly cash dividend since
its listing on the Nasdaq on February 20, 1996. There are about 17.9
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 seven 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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