Hanover Insurance Group (THG) Raises Quarterly Dividend 20% to $0.60; 2.1% Yield

Hanover Insurance Group (NYSE: THG) declared a quarterly dividend of $0.60 per share, or $2.4 annualized. This is a 20% increase from the prior dividend of $0.50.

The dividend will be payable on December 28, 2018, to stockholders of record on December 17, 2018, with an ex-dividend date of December 14, 2018.

The annual yield on the dividend is 2.1 percent.

"We are pleased to announce an 11% increase in our regular quarterly dividend," said John C. Roche, president and chief executive office at The Hanover. "This increase represents the 14th consecutive year of increases to our regular quarterly dividend. It is a testament to our strong financial condition and earnings performance, and a reflection of our board's confidence in our prospects."

For a dividend history and other dividend-related data on Hanover Insurance Group (THG) click here.

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