Arrow Financial's most recent dividend payment of $0.28 per share was made to shareholders on record before Oct 15, 2024. The payout stands at $1.36 per share annually, which works out to a dividend yield of 4.25%. The latest AROW stock dividend of $0.28 is an increase from the previous $0.27 distribution, representing a growth of 3.7%.
Arrow Financial's dividend yield of 4.25% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.58%, Arrow Financial's dividend yield is 65% higher. Historically AROW's dividend yield has averaged at 3.9% in the last 5 years, which is less than the current one.
Arrow Financial has been paying dividends for the last 30 years. According to our data AROW has issued four dividends in the last twelve months. The annualized DPS has grown by 29% for the last year. And since the stock price has gone up by 15% from a year ago, the dividend yield has grown by 12%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 15, 2024 | $0.28 | 4.66% |
Aug 12, 2024 | $0.27 | 3.93% |
May 10, 2024 | $0.27 | 5.62% |
Feb 9, 2024 | $0.27 | 5.46% |
Nov 30, 2023 | $0.27 | 4.29% |
Aug 31, 2023 | $0.262 | 6.13% |
Jun 1, 2023 | $0.262 | 5.89% |
Mar 2, 2023 | $0.262 | 3.6% |
Nov 30, 2022 | $0.262 | 3% |
Aug 31, 2022 | $0.255 | 3.33% |
May 31, 2022 | $0.255 | 3.18% |
Feb 28, 2022 | $0.255 | 3.01% |
Dec 1, 2021 | $0.245 | 2.97% |
Sep 2, 2021 | $0.238 | 2.81% |
Jun 1, 2021 | $0.238 | 2.79% |
Mar 1, 2021 | $0.238 | 3.2% |
Dec 1, 2020 | $0.238 | 3.39% |
Sep 1, 2020 | $0.231 | 3.68% |
Jun 2, 2020 | $0.231 | 3.63% |
Mar 2, 2020 | $0.231 | 3.09% |
Dec 2, 2019 | $0.231 | 2.88% |
Sep 3, 2019 | $0.224 | 3.27% |
Jun 3, 2019 | $0.224 | 3.18% |
Feb 28, 2019 | $0.224 | 2.87% |
Nov 29, 2018 | $0.224 | 2.84% |
Aug 30, 2018 | $0.218 | 2.61% |
May 31, 2018 | $0.209 | 2.65% |
Feb 28, 2018 | $0.209 | 3.06% |
Nov 30, 2017 | $0.209 | 2.66% |
Aug 30, 2017 | $0.203 | 3.13% |
May 31, 2017 | $0.203 | 3.14% |
Feb 27, 2017 | $0.203 | 2.77% |
Nov 30, 2016 | $0.203 | 2.58% |
Aug 31, 2016 | $0.197 | 3.09% |
Jun 1, 2016 | $0.197 | 3.44% |
Mar 1, 2016 | $0.197 | 3.76% |
Dec 1, 2015 | $0.197 | 3.46% |
Sep 1, 2015 | $0.194 | 3.74% |
Jun 1, 2015 | $0.194 | 3.85% |
Feb 27, 2015 | $0.194 | 3.71% |
Arrow Financial's payout ratio of 69% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 44.9%, Arrow Financial's payout ratio is 54% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FLIC First Of Long Island Corp | 5.91% | $0.84 | 96.6% |
FISI Financial Institutions Inc | 4.49% | $1.2 | 37.4% |
AROW Arrow Financial Corp | 4.25% | $1.36 | 69% |
TMP Tompkins Financial Corp | 3.17% | $2.44 | 52.5% |
EVBN Evans Bancorp Inc | 2.96% | $1.32 | 39.5% |
FNB Fnb Corp | 2.9% | $0.48 | 44% |
NBTB Nbt Bancorp Inc | 2.64% | $1.32 | 46% |
CBU Community Bank System Inc | 2.64% | $1.81 | 57.6% |
Yes, Arrow Financial has been paying dividends for the last 30 years.
Arrow Financial's last regular dividend was on Oct 15, 2024 (ex-date) with the amount of $0.28 per share.
AROW's annualized dividend per share is $1.36.
Arrow Financial's current dividend yield is 4.25%.
The dividend payout ratio of Arrow Financial is 69%.
Arrow Financial's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.