To continue growing while maintaining a strong balance sheet, CHS uses proceeds from its preferred stock. CHS has an estimated 20,000 investors in its five classes of non-voting preferred stock that provide capital for CHS investments.
8% Cumulative Redeemable Preferred Stock (CHSCP)
Class B Cumulative Redeemable Preferred Stock, Series 1 (CHSCO)
Class B Cumulative Redeemable Preferred Stock, Series 2 (CHSCN)
Class B Cumulative Redeemable Preferred Stock, Series 3 (CHSCM)
Class B Cumulative Redeemable Preferred Stock, Series 4 (CHSCL)
All of the CHS classes of preferred stock trade on the NASDAQ Global Select Market. Dividends, as declared by the company’s board of directors, are paid on a quarterly basis. For additional information or purchase, contact an independent investment broker.
Preferred Stock Resources
Effective January 1, 2011 issuers of corporate stock must begin reporting corporate actions that affect stock basis, including but not limited to mergers, stock splits, stock dividends, recapitalizations and distributions in excess of cumulative earnings and profits. The following information is intended to meet the requirements of public disclosure pursuant to Treasury Regulation §1.6045B-1 (a)(3) and (b)(4) for CHS Inc. The Internal Revenue Service issued Form 8937 in December 2011 for reporting corporate actions.
Form 8937 Filings
Jan. 14, 2015 - CHS Inc. prices $450 million public offering of preferred stock
Sept. 9, 2014 - CHS Inc. prices public offering of preferred stock at $25 per share
Aug. 20, 2014 - CHS Inc. announces price for shares of preferred stock for redemption of $200 million of patrons' equity
July 10, 2014 - CHS announces filing of Registration Statement for issuance of shares of Class B Cumulative Redeemable Preferred Stock, Series 1 for patrons' equity redemption
June 20, 2014 - CHS Inc. files $2 billion shelf registration statement
Frequently Asked Questions (FAQs)
CHS Preferred Stock – What you need to know