Hanover Insurance Group Stock To Go Ex-dividend Tomorrow (THG)

NEW YORK ( TheStreet) -- The ex-dividend date for Hanover Insurance Group (NYSE: THG) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $40.65 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Hanover Insurance Group has been 291,100 shares per day over the past 30 days. Hanover Insurance Group has a market cap of $1.63 billion and is part of the financial sector and insurance industry. Shares are up 15.7% year to date as of the close of trading on Monday.

The Hanover Insurance Group, Inc., through its subsidiaries, underwrites commercial and personal property, and casualty insurance coverage in the United States. It operates in three segments: Commercial Lines, Personal Lines, and Other Property and Casualty. The company has a P/E ratio of 57.6, above the average insurance industry P/E ratio of 36.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hanover Insurance Group as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and feeble growth in the company's earnings per share. You can view the full Hanover Insurance Group Ratings Report.

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