CHS Board announces patronage and equity distribution

Patronage and equity are key benefits for owners of CHS and the cooperative system. CHS is committed to distributing patronage and redeeming equity for its owners while maintaining a strong balance sheet so it can continue to provide owners with the goods, services and supply chain capabilities required for long-term success.

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 patronequity@chsinc.com.

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