Hanover Insurance sets quarterly dividend at $0.90 per share

Published 02/06/2025, 14:10
Hanover Insurance sets quarterly dividend at $0.90 per share

WORCESTER, Mass. - The Hanover Insurance Group, Inc. (NYSE: THG) has declared a quarterly dividend of $0.90 per share, to be distributed on June 27, 2025, to shareholders on record as of June 13, 2025. This announcement was made on Monday, reinforcing the company’s commitment to providing returns to its investors. According to InvestingPro data, The Hanover has maintained dividend payments for 21 consecutive years, with a current yield of 2.05%.

The Hanover Insurance Group, a prominent property and casualty insurance provider in the United States, partners with independent agents and brokers to offer a range of insurance solutions. Their portfolio covers small and mid-sized businesses as well as personal insurance for homes, automobiles, and other items. The company has demonstrated strong performance, with InvestingPro analysis showing a "GREAT" financial health score and a year-to-date return of 14.4%. The stock is currently trading near its 52-week high, with analysts maintaining a positive outlook.

The declaration of dividends is subject to change based on the company’s performance and other factors. The Hanover’s board of directors reserves the right to adjust, reduce, or discontinue dividends in the future, as per the company’s forward-looking statements. These statements are not assurances of future dividend payments or company performance. For deeper insights into THG’s financial health and future prospects, investors can access comprehensive analysis and Fair Value estimates through InvestingPro’s detailed research reports, available for over 1,400 US stocks.

Investors are encouraged to consider the various risks and uncertainties that could impact the company’s financial results and dividend decisions. These factors are detailed in The Hanover’s public filings, including the annual report on Form 10-K and quarterly reports on Form 10-Q, which are accessible through the Securities and Exchange Commission and on the company’s website under the "Investors" section.

This dividend declaration is based on a press release statement from The Hanover Insurance Group, Inc. and reflects the company’s current financial strategy as it continues to deliver value to its shareholders.

In other recent news, The Hanover Insurance Group reported its first-quarter 2025 earnings, exceeding analysts’ expectations with an earnings per share (EPS) of $3.87, compared to the forecasted $3.48. However, the company’s revenue of $1.51 billion fell short of the anticipated $1.55 billion. Despite the revenue miss, the company emphasized strong operational performance and strategic initiatives. The Hanover Insurance Group noted a 5.4% growth in specialty segments and continued investments in technology and strategic pricing adjustments. Analyst firms have not provided any recent upgrades or downgrades for Hanover Insurance. The company maintains a diversified portfolio and proactive pricing strategies, which have contributed to a 3.9% growth in net written premiums. The Hanover Insurance Group remains focused on sustaining growth, supported by strategic market positioning and a diversified earnings stream.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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