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In a year marked by volatility in the markets, Tennessee Valley Authority Preferred (TVA) stock has been a beacon of stability, reaching a 52-week high of $25.33. With a healthy dividend yield of 2.31% and robust annual revenue of $12.31 billion, TVA continues to demonstrate strong fundamentals. InvestingPro subscribers can access over 20 additional key metrics and exclusive insights about TVA’s financial health. This peak reflects a solid year-over-year performance, with the stock delivering a 5.21% total return over the past year. Investors have shown confidence in TVA’s consistent growth, supported by its impressive 40.1% gross profit margin and $4.59 billion in EBITDA. The company’s ability to hit this high-water mark amidst challenging economic conditions underscores its resilience and the positive sentiment surrounding its financial health and future prospects.
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