CHS (NASDAQ:CHSCM) Shares Up 0.7% – Time to Buy?

CHS Inc. (NASDAQ:CHSCM) shares rose 0.7% during mid-day trading on Tuesday . The stock traded as high as $24.68 and last traded at $24.63. 29,786 shares changed hands during trading, an increase of 19% from the average session volume of 25,128 shares. The stock had previously closed at $24.46.

CHS Stock Performance

The stock has a fifty day moving average price of $24.45 and a 200 day moving average price of $24.72.

CHS Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be given a dividend of $0.4219 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $1.69 dividend on an annualized basis and a yield of 6.9%.

CHS Company Profile

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.