Arrow Financial's most recent quarterly dividend payment of $0.27 per share was made to shareholders on record before May 31, 2022. The payout stands at $1.05 per share annually, which works out to a dividend yield of 3.26%.
Arrow Financial's dividend yield of 3.26% is higher than the Financial Services sector and the industry average but lower than its peers average.
Arrow Financial has been paying dividends for the last 28 years. According to our data AROW has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 5% for the last year. And since the stock price has gone down by 8% from a year ago, the dividend yield has grown by 14%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 31, 2022 | Jun 15, 2022 | $0.27 | normal | |
| Feb 28, 2022 | Mar 15, 2022 | Jan 26, 2022 | $0.27 | normal |
| Dec 1, 2021 | Dec 15, 2021 | $0.26 | normal | |
| Sep 2, 2021 | Sep 15, 2021 | Jul 29, 2021 | $0.252 | normal |
| Jun 1, 2021 | Jun 15, 2021 | Apr 28, 2021 | $0.252 | normal |
| Mar 1, 2021 | Mar 15, 2021 | Jan 27, 2021 | $0.252 | normal |
| Dec 1, 2020 | Dec 15, 2020 | Oct 28, 2020 | $0.252 | normal |
| Sep 1, 2020 | Sep 15, 2020 | Jul 29, 2020 | $0.245 | normal |
| Jun 2, 2020 | Jun 15, 2020 | Apr 29, 2020 | $0.245 | normal |
| Mar 2, 2020 | Mar 13, 2020 | Jan 29, 2020 | $0.245 | normal |
| Dec 2, 2019 | Dec 13, 2019 | Oct 30, 2019 | $0.245 | normal |
| Sep 3, 2019 | Sep 13, 2019 | Jul 31, 2019 | $0.238 | normal |
| Jun 3, 2019 | Jun 14, 2019 | Apr 24, 2019 | $0.238 | normal |
| Feb 28, 2019 | Mar 15, 2019 | Jan 30, 2019 | $0.238 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Oct 31, 2018 | $0.238 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Jul 25, 2018 | $0.231 | normal |
| May 31, 2018 | Jun 15, 2018 | Apr 25, 2018 | $0.222 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Jan 31, 2018 | $0.222 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Oct 25, 2017 | $0.222 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Jul 26, 2017 | $0.216 | normal |
| May 31, 2017 | Jun 15, 2017 | Apr 26, 2017 | $0.216 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Jan 25, 2017 | $0.216 | normal |
| Nov 30, 2016 | Dec 15, 2016 | Oct 26, 2016 | $0.216 | normal |
| Aug 31, 2016 | Sep 15, 2016 | Jul 27, 2016 | $0.209 | normal |
| Jun 1, 2016 | Jun 15, 2016 | Apr 27, 2016 | $0.209 | normal |
Arrow Financial's payout ratio of 34.4% is above the Financial Services sector and the industry average but below its peers average.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FLIC First Of Long Island Corp | 4.44% | $0.79 | 42.5% |
| FNB Fnb Corp | 4.35% | $0.48 | 43.6% |
| FISI Financial Institutions Inc | 4.23% | $1.12 | 25.1% |
| EVBN Evans Bancorp Inc | 3.68% | $1.22 | 27.9% |
| AROW Arrow Financial Corp | 3.26% | $1.05 | 34.4% |
| TMP Tompkins Financial Corp | 3.08% | $2.25 | 37.8% |
| NBTB Nbt Bancorp Inc | 2.94% | $1.12 | 31.5% |
| CBU Community Bank System Inc | 2.68% | $1.72 | 50.4% |