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AROW Arrow Financial dividend history, payout ratio & dates

Arrow Financial's most recent quarterly dividend payment of $0.27 per share was made to shareholders on record before Nov 30, 2022. The payout stands at $1.06 per share annually, which works out to a dividend yield of 3.1%. The latest AROW stock dividend of $0.27 is an increase from the previous $0.262 distribution, representing a growth of 3%.

Key dates

  • AROW last dividend date: Nov 30, 2022
  • AROW next dividend date: Not announced
AROW dividend stats
DPS
$1.06
Dividend yield
3.14%
Payout ratio
37.1%
vs. Financial Services sector
Dividend yield
2.73%
Payout ratio
30.7%

Dividend yield

What is Arrow Financial current dividend yield

Arrow Financial's dividend yield of 3.1% is higher than the Financial Services sector and the industry average but lower than its peers average. If we compare it with the Financial Services sector average of 2.73%, Arrow Financial's dividend yield is 14% higher. Historically AROW's dividend yield has averaged at 3.1% in the last 5 years, which is in line with the current one.

Dividend history

What is AROW dividend payout history and dates

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 7% for the last year. And since the stock price has gone down by 1.1% from a year ago, the dividend yield has grown by 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 30, 2022 Dec 15, 2022 Oct 27, 2022 $0.27 normal
Aug 31, 2022 Sep 15, 2022 Jul 27, 2022 $0.262 normal
May 31, 2022 Jun 15, 2022 $0.262 normal
Feb 28, 2022 Mar 15, 2022 Jan 26, 2022 $0.262 normal
Dec 1, 2021 Dec 15, 2021 $0.252 normal
Sep 2, 2021 Sep 15, 2021 Jul 29, 2021 $0.245 normal
Jun 1, 2021 Jun 15, 2021 Apr 28, 2021 $0.245 normal
Mar 1, 2021 Mar 15, 2021 Jan 27, 2021 $0.245 normal
Dec 1, 2020 Dec 15, 2020 Oct 28, 2020 $0.245 normal
Sep 1, 2020 Sep 15, 2020 Jul 29, 2020 $0.238 normal
Jun 2, 2020 Jun 15, 2020 Apr 29, 2020 $0.238 normal
Mar 2, 2020 Mar 13, 2020 Jan 29, 2020 $0.238 normal
Dec 2, 2019 Dec 13, 2019 Oct 30, 2019 $0.238 normal
Sep 3, 2019 Sep 13, 2019 Jul 31, 2019 $0.231 normal
Jun 3, 2019 Jun 14, 2019 Apr 24, 2019 $0.231 normal
Feb 28, 2019 Mar 15, 2019 Jan 30, 2019 $0.231 normal
Nov 29, 2018 Dec 14, 2018 Oct 31, 2018 $0.231 normal
Aug 30, 2018 Sep 14, 2018 Jul 25, 2018 $0.224 normal
May 31, 2018 Jun 15, 2018 Apr 25, 2018 $0.216 normal
Feb 28, 2018 Mar 15, 2018 Jan 31, 2018 $0.216 normal
Nov 30, 2017 Dec 15, 2017 Oct 25, 2017 $0.216 normal
Aug 30, 2017 Sep 15, 2017 Jul 26, 2017 $0.209 normal
May 31, 2017 Jun 15, 2017 Apr 26, 2017 $0.209 normal
Feb 27, 2017 Mar 15, 2017 Jan 25, 2017 $0.209 normal
Nov 30, 2016 Dec 15, 2016 Oct 26, 2016 $0.209 normal
Aug 31, 2016 Sep 15, 2016 Jul 27, 2016 $0.203 normal
Jun 1, 2016 Jun 15, 2016 Apr 27, 2016 $0.203 normal

Arrow Financial dividend payout ratio

What is Arrow Financial dividend payout ratio compared to the sector

Payout ratio

Arrow Financial's payout ratio of 37.1% is above the Financial Services sector and the industry average but below its peers average. In comparison with its Financial Services sector average of 30.7%, Arrow Financial's payout ratio is 21% higher.

Total amount of dividends paid per financial year (from cash flow)

AROW dividend vs peer dividends

How does AROW dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FISI Financial Institutions Inc 4.74% $1.14 28.3%
FLIC First Of Long Island Corp 4.34% $0.81 40.7%
FNB Fnb Corp 3.65% $0.48 42.1%
EVBN Evans Bancorp Inc 3.32% $1.26 31.3%
AROW Arrow Financial Corp 3.14% $1.06 37.1%
TMP Tompkins Financial Corp 2.88% $2.31 39.2%
CBU Community Bank System Inc 2.78% $1.73 52.1%
NBTB Nbt Bancorp Inc 2.73% $1.16 32.6%

Frequently asked questions

Does Arrow Financial pay a dividend?

Yes, Arrow Financial has been paying dividends for the last 28 years.

When is Arrow Financial's next dividend?

AROW hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in February 2023.

When was AROW's last dividend?

Arrow Financial's last regular dividend was on Nov 30, 2022 (ex-date) with the amount of $0.27 per share.

How much dividend does Arrow Financial pay (per share)?

AROW's annualized dividend per share is $1.06.

What is Arrow Financial's dividend yield?

Arrow Financial's current dividend yield is 3.1%.

How often does Arrow Financial pay dividends?

Arrow Financial pays dividends quarterly.

What is Arrow Financial's dividend payout ratio?

The dividend payout ratio of Arrow Financial is 37.1%.

Does Arrow Financial pay a good dividend?

Arrow Financial's dividend yield is more than the Financial Services sector average.