Shares of CHS Inc. (NASDAQ:CHSCN – Get Rating) dropped 0.7% on Thursday . The company traded as low as $25.55 and last traded at $25.56. Approximately 9,520 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 28,919 shares. The stock had previously closed at $25.74.
CHS Price Performance
The business's fifty day moving average is $25.12 and its two-hundred day moving average is $25.27.
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CHS Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Friday, March 17th will be paid a dividend of $0.4438 per share. This represents a $1.78 annualized dividend and a yield of 6.94%. The ex-dividend date is Thursday, March 16th.
Insiders Place Their Bets
In other news, Director Scott A. Cordes acquired 2,000 shares of the company's stock in a transaction on Wednesday, January 25th. The stock was bought at an average cost of $25.49 per share, with a total value of $50,980.00. Following the completion of the purchase, the director now directly owns 2,100 shares of the company's stock, valued at $53,529. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Scott A. Cordes bought 2,000 shares of the stock in a transaction dated Wednesday, January 25th. The stock was purchased at an average cost of $25.49 per share, with a total value of $50,980.00. Following the completion of the purchase, the director now owns 2,100 shares of the company's stock, valued at $53,529. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Perry Meyer bought 6,000 shares of the stock in a transaction dated Wednesday, January 18th. The shares were bought at an average cost of $25.01 per share, with a total value of $150,060.00. Following the completion of the purchase, the director now directly owns 3,000 shares of the company's stock, valued at approximately $75,030. The disclosure for this purchase can be found here.
CHS Company Profile
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CHS Inc, an integrated agricultural company, engages in the provision of grains, foods, and energy resources to businesses and consumers worldwide. The company operates through three segments: Energy, Ag, and Nitrogen Production. It is involved in the operation of petroleum refineries and pipelines; supply, marketing, and distribution of refined fuels, including gasoline, diesel fuel, and other energy products; blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.
Further Reading
- Get a free copy of the StockNews.com research report on CHS (CHSCN)
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