Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) to Issue $0.14 Quarterly Dividend

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) announced a quarterly dividend on Friday, December 6th,Wall Street Journal reports. Shareholders of record on Friday, January 31st will be given a dividend of 0.1385 per share on Monday, February 3rd. This represents a $0.55 annualized dividend and a yield of 2.47%. The ex-dividend date of this dividend is Friday, January 31st.

Tennessee Valley Authority PARRS A 2029 Stock Performance

NYSE:TVE opened at $22.47 on Wednesday. Tennessee Valley Authority PARRS A 2029 has a 12-month low of $21.40 and a 12-month high of $25.30. The business has a 50 day simple moving average of $22.39 and a 200 day simple moving average of $22.45.

Tennessee Valley Authority PARRS A 2029 Company Profile

for more than eight decades, the tennessee valley authority has provided affordable electricity, environmental stewardship and economic development opportunities to the tennessee valley. tva was established by congress in 1933 to address a wide range of environmental, economic and technological issues, including the need for low-cost electricity, and navigation and flood control along the tennessee river system.