CHS Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CHS Inc. on September 4, 2024. The filing reports a corporate action regarding the declaration of regular quarterly dividends on various classes of preferred stock.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The only financial figures disclosed are the specific dividend amounts declared for the quarter.
Material Changes
The material event reported is the declaration of dividends. There are no reported changes to financial performance metrics compared to prior periods within this document.
Dividend Declaration Details
On September 4, 2024, CHS Inc. declared regular quarterly dividends payable on September 30, 2024, to shareholders of record on September 16, 2024. The declared amounts per share are as follows:
- 8% Cumulative Redeemable Preferred Stock: $0.50
- 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
Outlook, Risks, and Contingencies
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is strictly a notification of the dividend declaration in accordance with Nasdaq Listing Rule 5250(e)(6)(ii) and Rule 10b-17.
Key Facts for Investors to Verify
- Confirm the record date of September 16, 2024, to ensure eligibility for the dividend.
- Verify the payment date of September 30, 2024, for cash flow planning.
- Review the specific dividend rates for each preferred stock series to ensure they align with the stated percentages and reset rates.