In a market that often rewards consistency, Tennessee Valley Authority Preferred (TVC) stock has reached a new 52-week high, hitting the $24 mark, surpassing its previous high of $23.49. This milestone reflects a modest yet stable year-over-year growth, with the stock delivering a 3.44% total return over the past year. The company offers an attractive 2.35% dividend yield, while maintaining steady revenue growth of 2.16%. According to InvestingPro, additional metrics and analysis tools are available for deeper investment insights. Investors have shown confidence in TVC's performance, signaling approval of the company's strategic direction and operational resilience, supported by its robust EBITDA of $4.58 billion. The new high serves as a testament to TVC's steady market presence, even as it navigates the complex economic landscape that has challenged many of its peers.
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