CHS (NASDAQ:CHSCL) Trading 0.2% Higher – Here’s What Happened

by · The Markets Daily

CHS Inc. (NASDAQ:CHSCL – Get Free Report)’s share price shot up 0.2% during trading on Friday . The company traded as high as $25.71 and last traded at $25.70. 22,556 shares were traded during trading, a decline of 21% from the average session volume of 28,690 shares. The stock had previously closed at $25.66.

CHS Trading Up 0.2%

The business has a 50-day simple moving average of $25.60 and a two-hundred day simple moving average of $25.69.

CHS Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be issued a dividend of $0.4688 per share. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.3%.

Institutional Investors Weigh In On CHS

An institutional investor recently raised its position in CHS stock. Moloney Securities Asset Management LLC boosted its stake in shares of CHS Inc. (NASDAQ:CHSCL – Free Report) by 5.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,707 shares of the company’s stock after purchasing an additional 6,091 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in CHS were worth $2,996,000 at the end of the most recent reporting period.

About CHS

(Get Free Report)

CHS Inc, an integrated agricultural company, engages in the provision of grains, food, and energy resources to businesses and consumers worldwide. It is involved in the operation of petroleum refineries and pipelines; the supply, marketing, and distribution of refined fuels; the blending, sale, and distribution of lubricants; and the supply of propane, asphalt, and other natural gas liquids.

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