Following the close of fiscal 2018, the CHS Board of Directors has announced the following patronage and equity distribution decisions:
- As in previous years, 10 percent of fiscal 2018 patronage-based earnings will be designated to the unallocated reserve to continue building balance sheet strength.
- CHS will return $150 million to its owners in cash patronage and equity redemptions.
- Both cash patronage and non-qualified equity redemption are targeted for payment in February 2019.
- Additional fiscal 2018 patronage will be distributed as qualified cash patronage and non-qualified equity certificates. Those amounts will be set when year-end financial reports are filed in November.
- CHS will pass $150 million in DPAD (domestic production activities deduction) benefits to eligible owners before Dec. 31, 2018.
If you have questions, please contact CHS Patron Equities at 1-800-328-6539 or email@example.com.
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