T
TVE
Tennessee Valley Authority
$23.48
last price · 2026-09-14
About this security
TVE is a variable-rate baby bond (an exchange-traded $25 debt note) issued by Tennessee Valley Authority. $25 principal amount, dividend rate currently 2.22% a year (initial rate 6.5%), current yield 2.36%.
All Tennessee Valley Authority securities and the issuer profile →
Key Stats ✓ Verified against SEC filing
live page · rendered 20:09:59 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
2.36%
Annual Interest
$0.5540
Current Rate
2.22%
a year, from the latest dividends
Recent Market Price
$23.48
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$1.51 (+6.5%)
Recent Ex-Date
2026-07-31
Pay Frequency
quarterly
Initial Rate
6.500%
Call Date
—
Yield to Call
n/a (not callable)
Yield to Worst
4.57%
Principal Amount
$25.00
Maturity
2029-05-01
Redeemable
No
Convertible
No
Floating Rate
fixed 6.50% through 2004-05-01 (first reset), then resets every May 1 to 30-yr CMT (5-day avg, week ending last Friday in March) + 0.84% — DOWNWARD ONLY (PARRS ratchet; never resets up); matures 2029-05
Issued
1999-04-29
Quote
| TVE (preferred) | |
|---|---|
| As of | 2026-09-14 |
| Last | $23.48 |
| Change | +0.16 (+0.71%) |
| Open | $23.42 |
| High / Low | $23.54 / $23.41 |
| Prev Close | $23.32 |
| Volume | 13,164 |
| 52-Week High / Low | $24.73 / $23.31 |
End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
● TVE
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-07-31 | $0.138500 |
| 2026-04-30 | $0.138500 |
| 2026-01-30 | $0.138500 |
| 2025-10-31 | $0.138500 |
| 2025-07-31 | $0.138500 |
| 2025-04-30 | $0.138500 |
| 2025-01-31 | $0.138500 |
| 2024-10-31 | $0.138500 |
| 2024-07-31 | $0.138500 |
| 2024-04-29 | $0.138500 |
| 2024-01-30 | $0.138500 |
| 2023-10-30 | $0.138500 |
Performance: $10K Calculator
See what an investment in TVE would be worth today, dividends reinvested.
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Other Securities from Tennessee Valley Authority
| Symbol | Type | Coupon | Price | Yield |
|---|---|---|---|---|
| TVC | baby bond | 6.750% | 23.94 | 2.23% |