CHS (NASDAQ:CHSCL) Stock Price Down 0.1% – Here’s What Happened
by Amy Steele · The Cerbat GemCHS Inc. (NASDAQ:CHSCL – Get Free Report) shares dropped 0.1% during mid-day trading on Friday . The company traded as low as $25.28 and last traded at $25.28. Approximately 33,234 shares changed hands during trading, an increase of 13% from the average daily volume of 29,302 shares. The stock had previously closed at $25.31.
CHS Stock Down 0.1%
The business has a fifty day moving average of $25.54 and a 200 day moving average of $25.65.
CHS Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be issued a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Tuesday, December 16th.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in CHS stock. IMA Advisory Services Inc. acquired a new position in shares of CHS Inc. (NASDAQ:CHSCL – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,896 shares of the company’s stock, valued at approximately $177,000.
About CHS
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.