CHS (NASDAQ:CHSCN) Stock Price Down 1.6% – Here’s Why

CHS Inc. (NASDAQ:CHSCN – Get Free Report)’s share price was down 1.6% on Wednesday. The stock traded as low as $22.61 and last traded at $22.72. 37,484 shares were traded during trading, an increase of 52% from the average daily volume of 24,588 shares. The stock had previously closed at $23.10.

CHS Stock Performance

The stock’s fifty day moving average is $24.08 and its 200-day moving average is $24.90.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Wednesday, December 16th will be given a dividend of $0.4437 per share. This represents a $1.77 dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Wednesday, December 16th.

About CHS

(Get Free Report)

CHS Inc. is a farmer-owned agricultural cooperative that provides products and services to farmers, ranchers and other customers. Its businesses span agronomy, grain marketing and handling, crop nutrients, energy, and food ingredients. The company supplies crop inputs and services, helps farmers market and move grain, and produces and distributes energy products such as refined fuels, propane and lubricants. CHS also processes agricultural commodities into ingredients for food and other uses. Based in Inver Grove Heights, Minnesota, CHS serves customers across the United States and operates in international markets.

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