The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.85 Per Common Share

Rhea-AI Summary

The Hanover Insurance Group (NYSE: THG) has announced a quarterly dividend of $0.85 per common share.

The dividend will be payable on June 28, 2024, to shareholders who are recorded by the close of business on June 14, 2024.

Positive

• The Hanover Insurance Group declared a quarterly dividend of $0.85 per share, indicating financial stability.
• Dividend payment date set for June 28, 2024, ensuring timely returns for investors.
• Record date for shareholders is June 14, 2024, providing clarity on investment timelines.

Negative

• No increase in dividend amount compared to prior quarters, suggesting stagnant growth in shareholder returns.

WORCESTER, Mass., June 3, 2024 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.85 per share on the issued and outstanding common stock of the company, payable June 28, 2024, to shareholders of record at the close of business on June 14, 2024.

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 The Hanover Insurance Group?

The Hanover Insurance Group declared a quarterly dividend of $0.85 per common share.

When will The Hanover Insurance Group pay the declared dividend?

The declared dividend will be payable on June 28, 2024.

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

The record date for the dividend is June 14, 2024.

What is the stock symbol for The Hanover Insurance Group?

The stock symbol for The Hanover Insurance Group is THG.

Has The Hanover Insurance Group increased its quarterly dividend?

No, The Hanover Insurance Group has not increased its quarterly dividend; it remains at $0.85 per share.