CHS Inc. (NASDAQ:CHSCM) Plans $0.42 Quarterly Dividend

CHS Inc. (NASDAQ:CHSCM) announced a quarterly dividend on Wednesday, July 8th. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.4219 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Wednesday, September 16th.

CHS Price Performance

Shares of NASDAQ CHSCM opened at $24.30 on Thursday. CHS has a 1 year low of $23.86 and a 1 year high of $25.40. The firm has a fifty day moving average price of $24.81 and a 200-day moving average price of $24.88.

Institutional Investors Weigh In On CHS

A hedge fund recently bought a new stake in CHS stock. NBC Securities Inc. purchased a new stake in shares of CHS Inc. (NASDAQ:CHSCM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,021 shares of the company’s stock, valued at approximately $50,000.

About CHS

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.