CHS (NASDAQ:CHSCL) Shares Up 0% After Dividend Announcement

CHS Inc. (NASDAQ:CHSCLGet Free Report) shares rose 0% during trading on Wednesday following a dividend announcement from the company. The company traded as high as $25.35 and last traded at $25.32. Approximately 18,432 shares were traded during mid-day trading, a decline of 28% from the average session volume of 25,521 shares. The stock had previously closed at $25.31.

The newly announced dividend which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Wednesday, September 16th.

CHS Stock Performance

The business’s 50-day simple moving average is $25.61 and its two-hundred day simple moving average is $25.59.

CHS Company Profile

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CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.

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