The Travelers Companies, Inc. (TRV)

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"Travelers (NYSE:TRV) Announced That It Will Be Increasing Its Dividend To US$0.93"

The board of The Travelers Companies, Inc. (NYSE:TRV) has announced that it will be increasing its dividend on the 30th of June to US$0.93. The announced payment will take the dividend yield to 2.0%, which is in line with the average for the industry."

"Travelers Companies' Dividend Is Well Covered By Earnings
Unless the payments are sustainable, the dividend yield doesn't mean too much. Before making this announcement, Travelers Companies was easily earning enough to cover the dividend. This means that most of its earnings are being retained to grow the business.

Looking forward, earnings per share is forecast to fall by 14.1% over the next year. If the dividend continues along recent trends, we estimate the payout ratio could be 27%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future."

https://finance.yahoo.com/news/travelers-companies-nyse-trv-announced-123659114.html