CHS (NASDAQ:CHSCM) Shares Down 0.1% – Here’s What Happened

CHS Inc. (NASDAQ:CHSCM) shares fell 0.1% during mid-day trading on Friday . The stock traded as low as $25.08 and last traded at $25.14. 11,810 shares traded hands during trading, a decline of 37% from the average session volume of 18,640 shares. The stock had previously closed at $25.16.

CHS Stock Down 0.1%

The business’s 50 day moving average price is $24.92 and its 200 day moving average price is $24.89.

CHS Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Tuesday, March 17th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CHS stock. IMA Advisory Services Inc. bought a new position in CHS Inc. (NASDAQ:CHSCM) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 7,049 shares of the company’s stock, valued at approximately $175,000.

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.