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The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.70 Per Common Share

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The Hanover Insurance Group has declared a quarterly dividend of $0.70 per share on its common stock, set to be paid on September 24, 2021. Shareholders on record by September 10, 2021 will be eligible to receive this dividend. This announcement provides confidence in the company's financial stability and commitment to returning value to shareholders. However, investors should consider risks related to future dividends, as indicated in the company’s forward-looking statements.

Positive
  • Quarterly dividend of $0.70 per share; reflects company confidence in financial stability.
Negative
  • Future dividend payments are not guaranteed and may be subject to changes.

WORCESTER, Mass., Aug. 30, 2021 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.70 per share on the issued and outstanding common stock of the company, payable September 24, 2021, to shareholders of record at the close of business on September 10, 2021.

Forward-Looking Statements
Statements regarding quarterly or future dividends payable, whether regular or special, to the company's shareholders, which may be subject to future increases, decreases, or elimination, as determined by The Hanover's board of directors, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The company cautions investors that any such forward-looking statements are not guarantees of future performance, including but not limited to, growth, earnings improvement, returns, future dividend payments, or the amount of such payments. Investors are directed to consider the risks and uncertainties in the company's business that may cause actual results to differ and/or affect the board's decision to declare dividends in the future, including those risks which are discussed in readily available documents, such as the company's annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other documents filed by The Hanover with the Securities and Exchange Commission and which are also available on hanover.com under "Investors."

About The Hanover
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.

CONTACTS



Investors:                               

Media:


Oksana Lukasheva                     

Michael F. Buckley                       

Emily P. Trevallion

(508) 525-6081                             

(508) 855-3099                             

(508) 855-3263

Email: olukasheva@hanover.com    

Email: mibuckley@hanover.com    

Email: etrevallion@hanover.com 

 

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SOURCE The Hanover Insurance Group, Inc.

FAQ

What is the dividend declared by The Hanover Insurance Group for Q3 2021?

The Hanover Insurance Group declared a dividend of $0.70 per share for Q3 2021.

When will The Hanover Insurance Group pay the dividend?

The dividend will be paid on September 24, 2021.

When is the record date for The Hanover Insurance Group's dividend?

The record date for the dividend is September 10, 2021.

Is the dividend payment from The Hanover Insurance Group sustainable?

While the recent dividend indicates financial confidence, future payments are subject to board decisions and market conditions.

The Hanover Insurance Group, Inc.

NYSE:THG

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Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States of America
WORCESTER