CHS (NASDAQ:CHSCL) Stock Crosses Above Fifty Day Moving Average – Here’s Why

CHS Inc. (NASDAQ:CHSCLGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $25.37 and traded as high as $25.40. CHS shares last traded at $25.40, with a volume of 25,313 shares traded.

CHS Price Performance

The firm has a 50-day simple moving average of $25.37 and a 200 day simple moving average of $25.56.

CHS Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Wednesday, September 16th.

CHS Company Profile

(Get Free Report)

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.

Further Reading

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