The Hanover Insurance Group, Inc. announced that its board of directors approved an increase in the company's quarterly dividend to $0.90 per share. This dividend is payable on December 27, 2024, to shareholders of record as of December 13, 2024.
This marks the 20th consecutive year that The Hanover has increased its quarterly dividend. The consistent dividend growth demonstrates the company's long-standing commitment to delivering enhanced value to its shareholders.
The increase underscores management's optimism in the company's future prospects and reinforces confidence in its financial stability and growth potential. This action highlights a sustained focus on shareholder returns.
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