CHS 7.10% Reset Rate Cumulative Redeemable Preferred Stock
By: Tim McPartland,
S&P Rating NR Moodys Rating NR
Security Ticker Symbol CHSCN OTC Temp Ticker CHSPP (starting 3/6/2014)
Market Traded ON NASDAQ
Dividend Payment Paid on the last day of March, June, September and December beginning on 6/30/2014
Quarterly Dividend .4438 Annual Dividend 1.775
Securities may be redeemed, at the issuers option, as early as 03/31/2024 for a redemption price of $25/share plus accrued dividends
Dividends will be at a fixed rate until 3/31/2024 and then switching to a floating rate of 3 month libor plus 4.298%, but not greater than a total rate of 8%
Dividend Payment Likely Will be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Cenex Harvest States Coop
Click here for the offering prospectus.
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