The Hanover Insurance Group Inc. (THG) Announces Quarterly Dividend of $0.37
The Hanover Insurance Group (NYSE:THG) declared a quarterly dividend on Tuesday, May 20th, Analyst Ratings Network.com reports. Investors of record on Friday, June 13th will be given a dividend of 0.37 per share on Friday, June 27th. This represents a $1.48 dividend on an annualized basis and a yield of 2.49%.
The Hanover Insurance Group (NYSE:THG) traded down 0.03% on Tuesday, hitting $59.47. The stock had a trading volume of 77,689 shares. The Hanover Insurance Group has a 1-year low of $45.81 and a 1-year high of $62.35. The stock has a 50-day moving average of $59.61 and a 200-day moving average of $59.1. The company has a market cap of $2.620 billion and a P/E ratio of 11.14.
The Hanover Insurance Group (NYSE:THG) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.96 by $0.09. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the company posted $1.32 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. On average, analysts predict that The Hanover Insurance Group will post $4.90 earnings per share for the current fiscal year.
In other The Hanover Insurance Group news, EVP Gregory Tranter unloaded 10,500 shares of the stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $59.29, for a total transaction of $622,545.00. Following the completion of the transaction, the executive vice president now directly owns 25,235 shares in the company, valued at approximately $1,496,183. The sale was disclosed in a legal filing with the SEC, which is available at this link.
The Hanover Insurance Group, Inc (NYSE:THG) is a holding company.
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