Hanover Insurance Group's last quarterly dividend of $0.75 per share was on Sep 15, 2022 (ex-date). The annualized dividend payment of $3 per share represents a current dividend yield of 2.24%.
Hanover Insurance Group's dividend yield of 2.24% is higher than its peers average but lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.81%, Hanover Insurance Group's dividend yield is 20% lower. Historically THG's dividend yield has averaged at 2.1% in the last 5 years, which is lower than the current one.
Hanover Insurance Group has a dividend history dating as far as 1996, but when it comes to recent years the company has recorded 17 consecutive years of dividend payments. Our records of THG show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 7% since one year ago. And with the stock price down by 0.4% from a year ago, the dividend yield marks an increase of 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 15, 2022 | Sep 30, 2022 | Sep 6, 2022 | $0.75 | normal |
| Jun 9, 2022 | Jun 24, 2022 | May 31, 2022 | $0.75 | normal |
| Mar 10, 2022 | Mar 25, 2022 | Feb 28, 2022 | $0.75 | normal |
| Dec 15, 2021 | Dec 30, 2021 | Dec 6, 2021 | $0.75 | normal |
| Sep 9, 2021 | Sep 24, 2021 | Aug 30, 2021 | $0.7 | normal |
| Jun 10, 2021 | Jun 25, 2021 | Jun 1, 2021 | $0.7 | normal |
| Mar 11, 2021 | Mar 26, 2021 | Feb 26, 2021 | $0.7 | normal |
| Dec 17, 2020 | Dec 30, 2020 | Dec 3, 2020 | $0.7 | normal |
| Sep 10, 2020 | Sep 25, 2020 | Aug 31, 2020 | $0.65 | normal |
| Jun 11, 2020 | Jun 26, 2020 | May 29, 2020 | $0.65 | normal |
| Mar 12, 2020 | Mar 27, 2020 | Feb 25, 2020 | $0.65 | normal |
| Dec 13, 2019 | Dec 27, 2019 | Dec 5, 2019 | $0.65 | normal |
| Dec 13, 2019 | Dec 27, 2019 | Dec 5, 2019 | $2.5 | special |
| Sep 12, 2019 | Sep 27, 2019 | Sep 3, 2019 | $0.6 | normal |
| Jun 7, 2019 | Jun 28, 2019 | May 14, 2019 | $0.6 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Mar 5, 2019 | $0.6 | normal |
| Jan 9, 2019 | Jan 25, 2019 | Dec 30, 2018 | $4.75 | special |
| Dec 14, 2018 | Dec 28, 2018 | Dec 7, 2018 | $0.6 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Sep 4, 2018 | $0.54 | normal |
| Jun 7, 2018 | Jun 29, 2018 | May 15, 2018 | $0.54 | normal |
| Mar 8, 2018 | Mar 29, 2018 | Feb 27, 2018 | $0.54 | normal |
| Dec 14, 2017 | Dec 29, 2017 | Dec 5, 2017 | $0.54 | normal |
| Sep 14, 2017 | Sep 29, 2017 | Aug 15, 2017 | $0.5 | normal |
| Jun 7, 2017 | Jun 30, 2017 | May 16, 2017 | $0.5 | normal |
| Mar 8, 2017 | Mar 31, 2017 | Feb 21, 2017 | $0.5 | normal |
| Dec 14, 2016 | Dec 30, 2016 | Dec 6, 2016 | $0.5 | normal |
| Sep 14, 2016 | Sep 30, 2016 | Aug 23, 2016 | $0.46 | normal |
| Jun 8, 2016 | Jun 24, 2016 | May 24, 2016 | $0.46 | normal |
Hanover Insurance Group's payout ratio of 32.9% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 30.1%, Hanover Insurance Group's payout ratio is 9% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| THG Hanover Insurance Group Inc | 2.24% | $3 | 32.9% |
| AFG American Financial Group Inc | 1.73% | $2.24 | 18.4% |
| SIGI Selective Insurance Group Inc | 1.32% | $1.12 | 26% |
| HCC Warrior Met Coal Inc | 0.73% | $0.23 | 1.9% |
| WRB Berkley W R Corp | 0.55% | $0.37 | 7.8% |
Yes, Hanover Insurance Group has been paying dividends for the last 17 years.
Currently THG's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.
Hanover Insurance Group's last dividend ex-date was on Sep 15, 2022. The dividend amount was $0.75 per share.
THG's annualized dividend per share is $3.
Currently Hanover Insurance Group's dividend yield is 2.24%.
Hanover Insurance Group pays dividends quarterly.
The dividend payout ratio of Hanover Insurance Group is 32.9%.
Hanover Insurance Group's dividend yield is lower than the Financial Services sector average.