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, June 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $38.28 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Hanover Insurance Group has been 199,800 shares per day over the past 30 days. Hanover Insurance Group has a market cap of $1.75 billion and is part of the financial sector and insurance industry. Shares are up 8.2% 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 four segments: Commercial Lines, Personal Lines, Chaucer, and Other Property and Casualty. The company has a P/E ratio of 32.4, above the average insurance industry P/E ratio of 30.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hanover Insurance Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Hanover Insurance Group Ratings Report.

See our dividend calendar or top-yielding stocks list.

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