St. Paul-CHS Inc. members will share in an estimated $231 million disbursement during 2011 as a result of the company’s strong fiscal 2010 earnings (GM Nov. 22, 2010). The distribution maintains a period of five consecutive years of significant cash returns to owners. Since its creation in 1998, CHS has returned more than $2 billion in cash to its agricultural producer and member cooperative owners. The $141 million distribution being made to member-owners this month consisted of cash patronage paid on fiscal 2010 business and retirement of previously earned CHS equity. Additional retirements of equity and dividends paid on preferred stock made throughout the year are expected to bring the fiscal 2011 cash return total to about $231 million. CHS net income for its fiscal year ending Aug. 31, 2010, was $502.2 million. During 2011, distributions are being made to nearly 1,100 member companies and more than 45,000 individuals and other businesses.
Transparency Across the Fertilizer Value-Chain