SmarterDividends
TVE

Tennessee Valley Authority PARRS A 2029

TVE

Stock · quarterly payer

Forward Yield

2.36%

Annual Dividend

$0.56

Payout Ratio

5-Yr Growth

-4.4%

Ex-Date

Frequency

Quarterly

TVE Dividend Safety Score

70/ 100
Grade B

Safe

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is TVE a good dividend stock?

Yes, with caveats

Tennessee Valley Authority PARRS A 2029 (TVE) pays a quarterly dividend yielding 2.36% ($0.56/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2021
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    2.36%
    Payout Ratio
    Annual Dividend
    $0.56
    5-Yr Avg Growth
    -4.4%
    Ex-Dividend Date
    Years of Growth
    4
    Frequency
    quarterly
    Beta
    Market Cap
    P/E Ratio
    5-Yr Total Return
    -9%
    52-Week Range
    $22.86 – $24.73
    Dividend Safety
    B · 70/100
    Ever Cut?
    Yes (2021)
    TVE ex-dividend date & scheduleNext ex-date · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.56 / yr per share

    Per payment (quarterly)$13.90
    Annual$55.60
    Monthly avg$4.63