This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Andersons Announces Three-for-Two Stock Split

MAUMEE, Ohio, Dec. 19, 2013 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces today its Board of Directors has approved a three-for-two split of The Andersons stock.

(Logo: )

Shareholders will receive one additional share for every two shares they own on the record date of January 21, 2014, in the form of a dividend to be distributed as of the close of business of February 18, 2014.

"Our stock's recent outstanding performance has enabled us to undertake this endeavor," said Chairman and CEO Mike Anderson. "We believe this action will enhance the liquidity of our shares and enable a larger universe of investors to purchase our shares."

In addition, the board approved a first quarter 2014 cash dividend of 16.5 cents ($0.165) per share, payable January 23, 2014, to shareholders of record on January 2, 2014. This is The Andersons' 69th consecutive quarterly cash dividend since its listing on the Nasdaq on February 20, 1996.

There are about 18.8 million common shares outstanding currently, and 28.2 million expected to be outstanding post-split.

About The Andersons, Inc.  The Andersons, Inc. is a diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, the company conducts business across North America in the grain, ethanol, and plant nutrient sectors, railcar leasing, turf and cob products, and consumer retailing. For more information, visit The Andersons online at

SOURCE The Andersons, Inc.
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs