CHS Inc. (NASDAQ:CHSCN – Get Free Report)’s stock price rose 0.2% during mid-day trading on Wednesday following a dividend announcement from the company. The company traded as high as $24.96 and last traded at $24.89. 61,429 shares traded hands during mid-day trading, an increase of 151% from the average daily volume of 24,495 shares. The stock had previously closed at $24.85.
The newly announced dividend which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.4438 dividend. This represents a $1.77 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Wednesday, September 16th.
CHS Stock Down 0.1%
The stock has a 50 day moving average price of $25.10 and a 200-day moving average price of $25.19.
CHS Company Profile
CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.
The company’s business activities are organized into three primary segments.
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