The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.70 Per Common Share
The Hanover Insurance Group, Inc. (NYSE: THG) has declared a quarterly dividend of $0.70 per share, scheduled for payment on June 25, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – THG
The recorded move for THG in the trading session of this news was +0.09%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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.
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