Overview
Description
CHS Inc. 7.875% Perpetual Preferred Stock is a type of preferred equity security issued by CHS Inc., a cooperative based in the United States and a leading global agribusiness. These preferred shares have a fixed dividend rate of 7.875%, paid out perpetually, meaning there is no maturity date for this financial instrument, distinguishing it from conventional bonds. The fixed income nature of this preferred stock makes it an attractive option for investors seeking steady income streams. While the asset does not carry voting rights typically associated with common stock, it has priority over common stock in dividend distribution and claims on assets in the event of liquidation. This product plays a key role in the financial market by providing capital to CHS Inc., supporting its operational expansion in the agricultural sector, including grain marketing, energy, food production, and farm supply. As a hybrid between debt and equity, it can diversify investment portfolios by offering both income and, potentially, price appreciation.
About
CEO
Mr. Jay D. Debertin
Employees
0
Address
5500 Cenex Drive
Inver Grove Heights, 55077, MN
United States
Inver Grove Heights, 55077, MN
United States
Phone
651-355-6000
Website
Instrument type
Preferred stock
Sector
Consumer Defensive
Industry
Farm Products
Country
United States
MIC code
XNGS