CHS (NASDAQ:CHSCO) Shares Down 0.3% – Here’s Why

CHS Inc. (NASDAQ:CHSCOGet Free Report) shares dropped 0.3% during trading on Monday . The stock traded as low as $25.60 and last traded at $25.66. Approximately 18,728 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 21,611 shares. The stock had previously closed at $25.75.

CHS Trading Up 0.1%

The stock has a fifty day moving average of $25.81 and a two-hundred day moving average of $26.02.

CHS Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Wednesday, September 16th.

About CHS

(Get Free Report)

CHS Inc is a farmer-owned cooperative that provides agricultural, energy and food-related products and services in the United States and internationally. The company serves farmers, ranchers, cooperatives and other customers through businesses focused on agronomy, grain marketing, crop nutrients, animal nutrition, food ingredients and energy.

Its energy operations market and distribute refined fuels, propane, lubricants and related products under brands that include Cenex. CHS also purchases, handles, stores and markets grain and oilseeds, supplies crop protection products and fertilizers, and produces food and feed ingredients derived from agricultural commodities.

CHS traces its history to the cooperative agricultural system and adopted its current name following the 1998 merger of Cenex and Harvest States Cooperatives.

Further Reading

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