WORCESTER, Mass. – The Hanover Insurance Group, Inc. (NYSE:THG) today announced that its board of directors has approved a quarterly dividend of $0.85 per share on its common stock. The dividend is scheduled to be paid on March 29, 2024, to shareholders of record at the close of business on March 15, 2024.
The company, a holding entity for several property and casualty insurance firms, is one of the larger insurance organizations in the United States. It works with independent agents and brokers to offer a range of insurance solutions for various needs, including small and mid-sized business coverage, as well as personal property and auto insurance.
The Hanover's announcement of the dividend is a forward-looking statement, as defined by the Private Securities Litigation Reform Act of 1995. The company has cautioned its investors that such forward-looking statements are not guarantees of future performance. Factors that could influence future results include growth, earnings improvements, and future dividend payments, which may be subject to change based on the board's discretion.
Investors are encouraged to consider the risk factors that may affect the company's business outcomes and dividend decisions. These include uncertainties and risks detailed in the company's public filings, such as its annual report on Form 10-K and quarterly reports on Form 10-Q, which are filed with the Securities and Exchange Commission and are also accessible on The Hanover's website under the "Investors" section.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.