CHS INC 8-K
Research Summary
AI-generated summary
CHS Inc. Declares Quarterly Preferred Stock Dividends Payable June 30, 2026
What Happened
CHS Inc. announced on April 7, 2026 (via Form 8‑K) that it declared regular quarterly dividends on several series of its preferred stock. The dividends are payable on June 30, 2026 to shareholders of record as of June 15, 2026. The filing was made in accordance with Nasdaq Listing Rule 5250(e)(6)(ii) and Rule 10b‑17 of the Securities Exchange Act.
Key Details
- Declared quarterly dividends per share:
- 8% Cumulative Redeemable Preferred Stock: $0.500000
- Class B Cumulative Redeemable Preferred Stock Series 1: $0.492188
- Class B Reset Rate Cumulative Redeemable Preferred Stock Series 2: $0.443750
- Class B Reset Rate Cumulative Redeemable Preferred Stock Series 3: $0.421875
- Class B Cumulative Redeemable Preferred Stock Series 4: $0.468750
- Reference share amount noted in the filing: $25.00 per share.
- Record date: June 15, 2026; Payment date: June 30, 2026.
- Filing purpose: Disclosure under Nasdaq Rule 5250(e)(6)(ii) and SEC Rule 10b‑17.
Why It Matters
Preferred shareholders should expect the specified cash payments on June 30 if they hold shares by the June 15 record date. For income-focused investors, these declared amounts indicate the near‑term yield on the listed preferred series; for common shareholders, this is a routine corporate action with no direct change to common equity disclosed in this filing. The 8‑K ensures the dividend announcement is publicly reported and complies with exchange and SEC notification rules.
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