CHS boosts member payout to $1 billion, four times higher than last year

CHS Inc., the nation's top-grossing cooperative, is returning an eye-popping $1 billion in patronage pay and equity redemption to its member-owners - by far the largest annual payout in company history.

That's four times the amount that CHS paid out to its owners last year. And well above the annual average over the previous decade, a period when CHS returned $3 billion to them.

The payout amount, announced Wednesday morning, reflects the windfall reaped by CHS over the past year.

https://www.startribune.com/chs-boosts-member-payout-to-1-billion-four-times-higher-than-last-year/600206783/