CHS (NASDAQ:CHSCL) Shares Cross Above 50 Day Moving Average – Here’s Why

CHS Inc. (NASDAQ:CHSCLGet Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $25.36 and traded as high as $25.57. CHS shares last traded at $25.54, with a volume of 34,644 shares.

CHS Stock Up 0.1%

The firm has a 50 day moving average price of $25.36 and a 200 day moving average price of $25.53.

CHS Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be issued a dividend of $0.4688 per share. The ex-dividend date is Wednesday, September 16th. This represents a $1.88 annualized dividend 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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