WORCESTER, Mass., Dec. 2, 2024
/PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG)
announced today its board of directors has approved an increase in
the company's quarterly dividend to $0.90 per share on the issued and outstanding
common stock of the company, payable December 27, 2024, to shareholders of record at
the close of business on December 13,
2024.
"This is the 20th consecutive year we have increased
our quarterly dividend, demonstrating our commitment to delivering
enhanced value to our shareholders," said John C. Roche, president and chief executive
officer at The Hanover. "It is a
significant milestone for us, underscoring our optimism in the
company's future prospects and reinforcing our confidence in our
financial stability and growth potential."
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
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Investors:
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Media:
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Oksana Lukasheva
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Michael F. Buckley
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Emily P.
Trevallion
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(508) 525-6081
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(508) 855-3099
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(508)
855-3263
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Email:
olukasheva@hanover.com
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Email:
mibuckley@hanover.com
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Email:
etrevallion@hanover.com
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SOURCE The Hanover Insurance Group, Inc.