Key Highlights

  • The Andersons' $0.20 quarterly dividend goes ex-dividend October 1, 2026 and is payable October 22 to shareholders of record.
  • The dividend is the company's 120th consecutive quarterly dividend since its Nasdaq listing in February 1996.
  • Second-quarter GAAP net income attributable to the company was $57 million, or $1.65 per diluted share.
  • Adjusted net income, a non-GAAP measure, was $74 million, or $2.15 per diluted share, with adjusted EBITDA of $140 million.

Overview

The Andersons, Inc.'s (NASDAQ:ANDE) $0.20 quarterly dividend, declared August 20, 2026, yields 1.21% and is the company's 120th consecutive quarterly dividend since its February 1996 Nasdaq listing. The quarterly rate has been $0.20 throughout 2026. Second-quarter GAAP net income was $1.65 per diluted share and adjusted net income, a non-GAAP measure, was $2.15 per diluted share.

Dividend Program and Shareholder Returns

The Andersons' board declared a fourth-quarter 2026 dividend of $0.20 per common share on August 20, 2026, payable October 22 to shareholders of record on October 1. The company describes it as the 120th consecutive quarterly dividend since its Nasdaq listing in February 1996.

The quarterly rate has been $0.20 throughout 2026. The latest declaration identifies no special or supplemental common dividend.

About the Company

The Andersons is a diversified agriculture and renewable energy company. Its businesses include Renewables, Trade and Nutrient & Industrial, serving farmers, ethanol producers and industrial markets. Earnings can be influenced by grain prices, ethanol margins, production volumes, fertilizer demand, tax credits and commodity market volatility.

Financial Performance Behind the Payout

The Andersons reported second-quarter net income attributable to the company of $57 million, or $1.65 per diluted share. Adjusted net income, a non-GAAP measure, was $74 million, or $2.15 per adjusted diluted share, and adjusted EBITDA was $140 million.

Renewables produced record second-quarter pretax income of $65 million and adjusted pretax income of $88 million. The company attributes the result to record production, merchandising performance and 45Z tax credits.

Agribusiness generated pretax and adjusted pretax income attributable to The Andersons of $20 million.

Renewables Results and Tax Credits Behind the Quarter

The Renewables segment was the central development of the quarter. Its $65 million of pretax income and $88 million of adjusted pretax income are reported on different bases, with the adjusted figure a non-GAAP measure.

Agribusiness also improved year over year, which the company notes reduces reliance on one earnings source. Operating efficiency, ethanol market economics, merchandising and tax credit economics are the variables the company identifies in Renewables.

The latest 10-Q for June 30, 2026 is the controlling source for the financial statements.

Outlook

The Andersons reports Renewables and Agribusiness pretax income each quarter, which were $65 million and $20 million in the second quarter. Ethanol margins, 45Z tax credit economics and fertilizer demand are the variables the company identifies in those segments.