The Andersons, Inc. (NASDAQ:ANDE – Get Free Report) declared a quarterly dividend on Thursday, August 21st, RTT News reports. Shareholders of record on Wednesday, October 1st will be given a dividend of 0.195 per share by the basic materials company on Wednesday, October 22nd. Andersons has a dividend payout ratio of 26.9% indicating that its dividend is sufficiently covered by earnings. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.29). Andersons Company Profile(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.