DIVIDEND ANNOUNCEMENT: 5.174% PARRS Ser A 05/01/2029/Tennessee Valley Authority (NYSE:TVE) on 12/30/2019 declared a dividend of $0.2100 per share

5.174% PARRS Ser A 05/01/2029/Tennessee Valley Authority (NYSE:TVE) on 12/30/2019 declared a dividend of $ 0.2100 per share payable on February 01, 2020 to shareholders of record as of January 31, 2020.

5.174% PARRS Ser A 05/01/2029/Tennessee Valley Authority (NYSE:TVE) has paid dividends since 1999, has a current dividend yield of 3.2902464867% and has increased its dividends for 0 successive years.

5.174% PARRS Ser A 05/01/2029/Tennessee Valley Authority's market cap is $ 13,403,250,000 and has a PE ratio of 0.00. The stock price closed yesterday at $ 25.53 and has a 52 week low/high of $ 23.81 and $ 26.70.

Tennessee Valley Authority operates a public power system and supplies power in most of Tennessee, northern Alabama, northeastern Mississippi, and southwestern Kentucky and in portions of northern Georgia, western North Carolina, and southwestern Virginia. Co. manages the Tennessee River, its tributaries, and certain shorelines to provide, among other things, navigation, flood damage reduction, and electricity. Co. is primarily a wholesaler of power, selling power to local power companies (LPC) which then resell power to their customers at retail rates. Co.'s LPCs consist of municipalities and other local government entities and customer-owned entities.

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