CHS (NASDAQ:CHSCM) Shares Down 0.2% – What’s Next?

CHS Inc. (NASDAQ:CHSCMGet Free Report) dropped 0.2% on Monday . The company traded as low as $24.36 and last traded at $24.48. Approximately 23,287 shares changed hands during trading, a decline of 7% from the average session volume of 25,167 shares. The stock had previously closed at $24.53.

CHS Stock Down 0.2%

The firm has a 50 day moving average price of $24.52 and a two-hundred day moving average price of $24.81.

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 $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Wednesday, September 16th.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in CHS stock. NBC Securities Inc. bought a new stake in CHS Inc. (NASDAQ:CHSCMFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,021 shares of the company’s stock, valued at approximately $50,000.

About CHS

(Get Free Report)

CHS Inc (NASDAQ: CHSCM) is a diversified, global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States. Headquartered in Inver Grove Heights, Minnesota, the company operates two primary business segments: Energy and Ag Business. Through its Energy segment, CHS markets and distributes refined fuels, lubricants, propane and renewable energy products under the Cenex® brand, and it manages a nationwide network of fuel distribution terminals, convenience stores and retail outlets.

In its Ag Business segment, CHS provides grain marketing, crop nutrients, crop protection products and animal nutrition solutions.

Further Reading

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