CHS (NASDAQ:CHSCL) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

CHS Inc. (NASDAQ:CHSCLGet Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $25.49 and traded as low as $25.33. CHS shares last traded at $25.38, with a volume of 24,699 shares trading hands.

CHS Trading Down 0.2%

The firm’s 50-day moving average price is $25.49 and its two-hundred day moving average price is $25.59.

CHS Dividend Announcement

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

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.

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