Andersons raises quarterly dividend to 16 cents

Andersons raises quarterly dividend by 6.7 percent to 16 cents

MAUMEE, Ohio (AP) -- Andersons Inc. said Wednesday its board approved an increase of 1 cent, or 6.7 percent, in its quarterly dividend, to 16 cents.

The agriculture company will pay the dividend Jan. 23 to shareholders of record Jan. 2.

Shares of Andersons closed unchanged at $44.40