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The Hanover Insurance Group (FRA:AF4) Dividend Payout Ratio : 0.27 (As of Dec. 2023)


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What is The Hanover Insurance Group Dividend Payout Ratio?

The Hanover Insurance Group's dividend payout ratio for the months ended in Dec. 2023 was 0.27.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of The Hanover Insurance Group Inc is 2.95, which seems too high.

The historical rank and industry rank for The Hanover Insurance Group's Dividend Payout Ratio or its related term are showing as below:

FRA:AF4' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.32   Max: 3.03
Current: 3.03


During the past 13 years, the highest Dividend Payout Ratio of The Hanover Insurance Group was 3.03. The lowest was 0.23. And the median was 0.32.

FRA:AF4's Dividend Payout Ratio is ranked worse than
98.61% of 288 companies
in the Insurance industry
Industry Median: 0.37 vs FRA:AF4: 3.03

As of today (2024-04-25), the Dividend Yield % of The Hanover Insurance Group is 2.49%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Hanover Insurance Group was 3.04%. The lowest was 1.63%. And the median was 2.14%.

The Hanover Insurance Group's Dividends per Share for the months ended in Dec. 2023 was €0.78.

During the past 12 months, The Hanover Insurance Group's average Dividends Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Hanover Insurance Group was 35.70% per year. The lowest was 7.40% per year. And the median was 10.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


The Hanover Insurance Group Dividend Payout Ratio Historical Data

The historical data trend for The Hanover Insurance Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Hanover Insurance Group Dividend Payout Ratio Chart

The Hanover Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.28 0.25 0.95 2.10

The Hanover Insurance Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 3.51 0.27

Competitive Comparison of The Hanover Insurance Group's Dividend Payout Ratio

For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Hanover Insurance Group's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Hanover Insurance Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Hanover Insurance Group's Dividend Payout Ratio falls into.



The Hanover Insurance Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

The Hanover Insurance Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=3.008/ 1.431
=2.10

The Hanover Insurance Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.779/ 2.87
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Hanover Insurance Group (FRA:AF4) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


The Hanover Insurance Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of The Hanover Insurance Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Hanover Insurance Group (FRA:AF4) Business Description

Traded in Other Exchanges
Address
440 Lincoln Street, Worcester, MA, USA, 01653
The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines and Other. The company operates an investment portfolio that is primarily exposed to fixed-income securities.

The Hanover Insurance Group (FRA:AF4) Headlines

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