5 Under-The-Radar Dividend Stocks to Buy Now

3. The Andersons, Inc. (NASDAQ:ANDE)

Dividend Yield as of August 24: 1.79%

The Andersons, Inc. (NASDAQ:ANDE) is an Ohio-based company that specializes in agribusinesses. The company’s Q2 results were very strong, with its revenue growing by 37.3% year-over-year to $4.45 billion. The company generated $135 million in cash from operations, compared with $93.1 million from the same period last year. Moreover, it paid $12.2 million to shareholders in dividends during the quarter.

In August, The Andersons, Inc. (NASDAQ:ANDE) declared a quarterly dividend of $0.18 per share, in line with its previous dividend. The company has been making consistent dividend payments since its public listing in 1996. As of August 24, the stock’s dividend yield came in at 1.79%.

As of the close of Q2 2022, 15 hedge funds tracked by Insider Monkey owned stakes in The Andersons, Inc. (NASDAQ:ANDE), down from 16 in the previous quarter. The collective value of those stakes was roughly $40 million.