Andersons Inc.

MAUMEE, Ohio, May 12, 2017 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) today announced a third quarter 2017 cash dividend of 16 cents ($0.16) per share payable July 24, 2017, to shareholders of record on July 3, 2017. This is The Andersons' 83rd consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.4 million common outstanding shares. About The [...]

MAUMEE, Ohio, May 3, 2017 /CNW/ -- The Andersons Inc. (NASDAQ: ANDE) announces financial results for the first quarter ended March 31, 2017. Company reports net loss of $3.1 million or $0.11 per diluted share; results include $7.8 million in pretax costs associated with exiting the Retail business and a $4.7 million pretax gain on the sale of the Florida farm centers. Grain Group records a $12.3 million pretax [...]

MAUMEE, Ohio, March 31, 2017 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) announces today it has completed the sale of its farm center facilities in Florida to Wedgworth's Inc., of Belle Glade, Florida. The plan to sell the Florida locations was first announced by The Andersons on March 6, 2017. "We believe the sale of these farm centers to Wedgworth's provides the best solution for the operation of these facilities as well [...]

MAUMEE, Ohio, March 6, 2017 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) announces it has signed an agreement to sell its farm center locations in Florida to Wedgworth's Inc., of Belle Glade, Florida. This agreement includes real estate and assets owned by The Andersons at Zellwood, Clewiston, and Lake Placid as well as the assets and operations located in Immokalee. "Over time it has become clear the Florida farm centers [...]

MAUMEE, Ohio, March 3, 2017 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) today announced a second quarter 2017 cash dividend of 16 cents ($0.16) per share payable April 24, 2017, to shareholders of record on April 3, 2017. This is The Andersons' 82nd consecutive quarterly cash dividend since listing on the Nasdaq on February 20, 1996. There are approximately 28.3 million common outstanding shares. About The [...]

MAUMEE, Ohio, Feb. 15, 2017 /CNW/ -- The Andersons Inc. (NASDAQ: ANDE) announces financial results for the fourth quarter and full year ended December 31, 2016. Company reports net income of $11.6 million or $0.41 per diluted share for 2016. Rail Group leads the way with $32.4 million of pretax income for the year Ethanol Group delivers $24.7 million of pretax income Grain Group continued its rebound with pretax income [...]

MAUMEE, Ohio, Jan. 15, 2017 /CNW/ -- The Andersons Inc. (Nasdaq:ANDE) announces today its plans to exit the retail business and close its remaining four retail stores in the second quarter of 2017. The retail closings will have no impact on the Company's grain, ethanol, plant nutrient and rail operations. "The decision to close The Andersons stores was not easy for anyone involved," says CEO Pat Bowe. "Choosing to cease a [...]

MAUMEE, Ohio, Dec. 16, 2016 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) today announced a first quarter 2017 cash dividend of 16 cents ($0.16) per share payable January 24, 2017, to shareholders of record on January 3, 2017. The cash dividend is increasing from 15.5 cents to 16 cents. "The increase in the dividend reflects our long term confidence in the Company's ability to perform," says Jim Burmeister, VP Finance and [...]

MAUMEE, Ohio, Nov. 7, 2016 /CNW/ -- The Andersons, Inc. (NASDAQ: ANDE) announces financial results for the third quarter ended September 30, 2016. Company reports third quarter net income of $1.7 million, or $0.06 per diluted share Grain Group turns in $1.9 million of pre-tax income after shedding underperforming assets and positioning itself to take advantage of improved crop conditions at harvest Ethanol Group reports [...]

MAUMEE, Ohio, Sept. 1, 2016 /CNW/ -- The Andersons Inc. (Nasdaq: ANDE) has appointed Anthony Lombardi as its new Chief Information Officer, reporting to John Granato, Chief Financial Officer. For 36 years, Tony has worked in various technology disciplines, including more than 30 years in IT strategy development and systems implementation. "Tony's extensive background in large systems implementations and strategy [...]