The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.75 Per Common Share

Rhea-AI Summary

The Hanover Insurance Group, Inc. (NYSE: THG) has declared a quarterly dividend of $0.75 per share on its common stock, payable on June 24, 2022, to shareholders of record by June 10, 2022. The announcement reflects the company's commitment to returning value to shareholders, although future dividends may be subject to changes determined by the board. Investors should remain cautious about potential risks impacting future dividend payments or business performance, as outlined in previous reports.

Positive

• Quarterly dividend of $0.75 per share declared.
• Dividend payment reflects company confidence in financial stability.

Negative

• Future dividends may be subject to decreases or elimination based on board decisions.
• Investors are cautioned about uncertainties that may affect business performance.

WORCESTER, Mass., May 31, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.75 per share on the issued and outstanding common stock of the company, payable June 24, 2022, to shareholders of record at the close of business on June 10, 2022.

Forward-Looking Statements

Statements regarding quarterly or future dividends, whether regular or special, payable 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 THG in May 2022?

The Hanover Insurance Group declared a dividend of $0.75 per share.

When is the dividend payable for THG?

The dividend is payable on June 24, 2022.

What is the record date for THG's dividend?

The record date for the dividend is June 10, 2022.

Are future dividends for THG guaranteed?

No, future dividends are subject to change based on the board's decisions and business performance.

What should investors consider regarding THG's dividends?

Investors should consider potential risks and uncertainties that may impact future dividend payments.