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

Rhea-AI Summary

The Hanover Insurance Group, Inc. (NYSE: THG) has declared a quarterly dividend of $0.70 per share, scheduled for payment on June 25, 2021. This dividend will be paid to shareholders who are on record as of June 11, 2021. The company cautions that future dividends may be adjusted based on several risks and uncertainties. As one of the largest property and casualty insurance firms in the U.S., Hanover provides a range of insurance solutions through independent agents and brokers.

Positive

• Quarterly dividend of $0.70 per share boosts income for shareholders.

Negative

• Future dividend payments are not guaranteed and may be altered or eliminated.

WORCESTER, Mass., June 1, 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 June 25, 2021, to shareholders of record at the close of business on June 11, 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 amount declared by The Hanover Insurance Group (THG)?

The Hanover Insurance Group has declared a quarterly dividend of $0.70 per share.

When will the dividend for THG be paid?

The dividend will be paid on June 25, 2021.

What is the record date for the THG dividend?

The record date for the dividend is June 11, 2021.

Are future dividends from The Hanover Insurance Group (THG) guaranteed?

No, future dividends are not guaranteed and may be adjusted or eliminated based on various risks.