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The Andersons Inc. (ANDE) will raise its quarterly dividend to $0.165 per share.  The new dividend is payable January 23, 2018, to shareholders of record on January 2, 2018.

"The increase in the dividend reflects our confidence in the Company's long-term plan for financial growth," says Srikanth Dasari, Vice President and Treasurer.

The Andersons is a diversified company rooted in agriculture conducting business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also has a consumer retailing presence.