The Hanover Reports Record Fourth Quarter Net Income and Operating Income of $4.59 and $5.32 per Diluted Share, Respectively; Full Year Net Income and Operating Income of $11.70 and $13.34 per Diluted Share, Respectively
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The Hanover Insurance Group, Inc. (NYSE: THG) reported record fourth-quarter net income and operating income per diluted share, with significant improvements in return on equity and combined ratio. The company also announced a dividend increase.
February 04, 2025 | 9:30 pm
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The Hanover Insurance Group reported record Q4 earnings with net income of $167.9 million, a significant increase from the previous year. The company also announced a 5.9% increase in its quarterly dividend.
The Hanover Insurance Group's record earnings and increased dividend are positive indicators for investors. The strong performance in Personal Lines and investment income, along with improved return on equity and combined ratio, suggest a robust financial position, likely leading to a positive short-term impact on the stock price.
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