The Andersons, Inc. Declares Cash Dividend for First Quarter 2024, Payable on January 22, 2024
December 14, 2023 at 04:05 pm EST
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The Andersons, Inc. announced a first quarter 2024 cash dividend of 19 cents ($0.19) per share payable on January 22, 2024, to shareholders of record as of January 02, 2024. This 3% increase from the company's fourth quarter 2023 cash dividend of 18.5 cents ($0.185) per share reflects continuing strong operating performance.
The Andersons, Inc. is a diversified company, which is engaged in the operations of agricultural supply chain. The Company operates through three segments: Trade, Renewables, and Nutrient and Industrial. The Trade segment is a diversified business focusing on capturing profits through merchandising and managing logistics across a wide range of commodities. The segment specializes in the movement of physical commodities, such as whole grains, grain products, feed ingredients and domestic fuel products among other agricultural commodities. The Renewables segment produces, purchases, and sells ethanol and co-products, offers facility operations, and provides risk management and marketing services to the ethanol plants it invests and operates. The Nutrient & Industrial segment is a manufacturer, distributor and retailer of agricultural and related plant nutrients, liquid industrial products, corncob-based products, pelleted lime and gypsum products, pesticide, and others.