MAUMEE, Ohio, Dec. 12, 2024 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a first quarter 2025 cash dividend of 19.5 cents ($0.195) per share payable on January 23, 2025, to shareholders of record as of January 02, 2025. This three percent increase from the company's fourth quarter 2024 cash dividend of 19 cents ($0.19) per share reflects continuing strong cash generation through shifting ag markets. This is The Andersons 113th consecutive quarterly cash dividend since listing on the Nasdaq in February 1996. About The Andersons, Inc

The shift to a two-segment operating and reporting structure is designed to streamline operational efficiency, enhance cross-functional collaboration, and drive growth. This structure will support the company's focus on unlocking value across the former Nutrient Industrial and Trade segments to form the Agribusiness segment. The Renewables segment will continue to substantially operate as currently reported with an enhanced focus on growth. Financial reporting for 2024 will remain under the current structure, with the transition to the new structure beginning Q1 2025. "We are excited to simplify our organization to enhance our ability to meet the evolving needs of our customers and stakeholders," said President and CEO Bill Krueger. "With the experience and leadership of Weston and Mark, we are confident that this change will improve efficiency, foster innovation, and enable us to deliver a seamless, 'one-company' experience.". Weston Heide joined The Andersons in 2019 as part of its acquisition of Lansing Trade Group

The Andersons (ANDE) has announced a strategic reorganization, appointing Weston Heide and Mark Simmons as Executive Vice Presidents to lead its newly structured Agribusiness and Renewables segments, effective January 1, 2025.