Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Trading Up 0.3% – Here’s Why

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) shares traded up 0.3% during mid-day trading on Friday . The stock traded as high as $22.42 and last traded at $22.39. 31,929 shares traded hands during mid-day trading, an increase of 74% from the average session volume of 18,303 shares. The stock had previously closed at $22.33.

Tennessee Valley Authority PARRS A 2029 Stock Performance

The stock’s 50-day simple moving average is $22.37 and its 200 day simple moving average is $22.43.

Tennessee Valley Authority PARRS A 2029 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 31st will be issued a dividend of $0.1385 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.55 annualized dividend and a yield of 2.47%.

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.