Forbes -
22 Feb 2013 18:18

Looking at the universe of stocks we cover at Dividend Channel, on 2/26/13, Tennessee Valley Authority (NYSE: TVC) will trade ex-dividend, for its quarterly dividend of $0.2955, payable on 3/1/13. As a percentage of TVC's recent stock price of $27.00, this dividend works out to approximately 1.09%, so look for shares of Tennessee Valley Authority to trade 1.09% lower -- all else being equal -- when TVC shares open for trading on 2/26/13.
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