March 1, 2010 (FinancialWire) — The Andersons, Inc. (NASDAQ: ANDE) has declared a second quarter 2010 cash dividend of 9.0 cents, payable April 22, 2010, to shareholders of record on April 1, 2010. The amount reflects an increase from the company’s first quarter 2010 cash dividend of nearly three percent.

This is The Andersons’ 54th consecutive quarterly cash dividend since its listing on the NASDAQ in 1996. There are around 18.3 million ANDE common shares outstanding.

Ohio-based The Andersons has 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.

The company now has operations in 16 U.S. states and Puerto Rico, plus rail equipment leasing interests in Canada and Mexico.

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