Tennessee Valley Authority PARRS A 2029 (NYSE:TVE – Get Free Report) shares shot up 0.6% during trading on Friday. The stock traded as high as $23.22 and last traded at $23.18. 18,574 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 13,049 shares. The stock had previously closed at $23.05.
Tennessee Valley Authority PARRS A 2029 Price Performance
The stock has a fifty day moving average price of $23.45 and a two-hundred day moving average price of $23.68.
Tennessee Valley Authority PARRS A 2029 Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be issued a $0.1385 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 30th.
Tennessee Valley Authority PARRS A 2029 Company Profile
Tennessee Valley Authority (TVA) is a federally owned U.S. corporation established in 1933 to support economic development and improve quality of life in the Tennessee Valley. Its responsibilities include electricity generation and transmission, river and water-resource management, navigation, flood control, and environmental stewardship.
TVA operates an integrated power system that includes nuclear, hydroelectric, natural gas, coal, and renewable energy facilities. It sells electricity primarily on a wholesale basis to local power companies and provides power directly to certain large industrial customers.
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