2 weeks Ago By ABMN Staff
The Andersons, Inc. ( NASDAQ:ANDE – Get Free Report ) announced a quarterly dividend on Thursday, August 15th, Zacks reports. Investors of record on Tuesday, October 1st will be paid a dividend of 0.
19 per share by the basic materials company on Tuesday, October 22nd. This represents a $0.76 dividend on an annualized basis and a yield of 1.
52%. The ex-dividend date is Tuesday, October 1st. Andersons has raised its dividend payment by an average of 2.
1% per year over the last three years and has increased its dividend every year for the last 26 years. Andersons has a payout ratio of 21.2% indicating that its dividend is sufficiently covered by earnings.
Andersons Stock Up 0.0 % Shares of NASDAQ:ANDE opened at $50.08 on Monday.
The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.44 and a current ratio of 2.
07. Andersons has a 52-week low of $44.65 and a 52-week high of $61.
46. The business’s 50 day simple moving average is $49.71 and its two-hundred day simple moving average is $51.
80. The firm has a market cap of $1.71 billion, a P/E ratio of 14.
15 and a beta of 0.57. Analysts Set New Price Targets Separately, StockNews.
com cut shares of Andersons from a “buy” rating to a “hold” rating in a research report on Wednesday, September 25th. Check Out Our Latest Stock Analysis on Andersons About Andersons ( Get Free Report ) The Andersons, Inc operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial.
The company’s Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil. See Also Receive News & Ratings for Andersons Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andersons and related companies with MarketBeat.com's FREE daily email newsletter .
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