Hanover Insurance Group Inc (THG) Dividends
Dividend Yield and Dividend History Highlights
- THG's trailing 12 month dividends has averaged an annual growth rate of 10.09%.
- In terms of compounded growth rate of annual dividends, THG's growth rate has been 0.21% over the past 5.51 years.
- Regarding free cash flow variation: THG reports less variability in its cash flow than 94.28% of dividend stocks in our set.
- As for stocks whose price is uncorrelated with THG's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CMCM, SPTN, PBF, SJI and VIRT.
THG Price Forecast Based on Dividend Discount Model
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A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for THG, the dividend discount model StockNews created for the company implies a positive return of 27.61%. Digging deeper, the aspects of Hanover Insurance Group Inc's dividend discount model that we found most interesting were:
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of 27.61%, based on the stock's current share price and target price based on a dividend discount model, is greater than 81.66% of the DDM-forecasted return of its its sector peers.
- Compared to all dividend issuing stocks in our set, THG has a discount rate lower than 81.66% of them (a lower discount rate is associated with lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, THG boasts a higher growth rate in terms of its annual cash distributed to its owners than 83.64% of the dividend issuers in our set.
- As other dividend issuers in the Financial Services sector, THG's equity discount rate is less than 75.15% of those stocks.
THG Dividend Chart
THG Dividend History
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THG Dividends vs. Peers
Looking for More Information on THG dividends?Here are a few links from around the web to help you further your research on Hanover Insurance Group Inc and its dividends:
Hanover Insurance Group Inc Common Stock (THG) Dividend History | Nasdaq
Dividend History for Hanover Insurance Group Inc (THG) - Dividend Investor
Hanover Insurance Group Inc (THG) Dividend History - Seeking Alpha