Tennessee Valley Authority PARRS A 2029 (NYSE:TVE) Trading 0.1% Higher – Should You Buy?

Posted by Casey Walker on Sep 2nd, 2026

Tennessee Valley Authority PARRS A 2029 (NYSE:TVE – Get Free Report)’s share price rose 0.1% during mid-day trading on Monday . The stock traded as high as $23.63 and last traded at $23.52. 9,605 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 13,433 shares. The stock had previously closed at $23.50.

Tennessee Valley Authority PARRS A 2029 Trading Down 0.4%

The stock’s 50 day moving average is $23.53 and its 200 day moving average is $23.81.

Tennessee Valley Authority PARRS A 2029 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were given a dividend of $0.1385 per share. The ex-dividend date was Friday, July 31st. This represents a $0.55 annualized dividend and a dividend yield of 2.4%.

Tennessee Valley Authority PARRS A 2029 Company Profile

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Tennessee Valley Authority (TVA) PARRS A 2029 (NYSE:TVE) refers to a series of Power System Revenue Bonds issued by the Tennessee Valley Authority, a federally owned corporation established in 1933. As one of the largest public utilities in the United States, TVA operates under a self-financing model that relies on revenues generated from electricity sales rather than tax dollars. The PARRS A 2029 bonds form part of TVA’s long-term debt portfolio, with proceeds earmarked for capital improvements, system modernization and the expansion of generation and transmission capacity.

TVA’s core business encompasses the generation, transmission and sale of electricity across a seven-state service territory that includes most of Tennessee and parts of Alabama, Mississippi, Kentucky, Georgia, North Carolina and Virginia.