AROW Arrow Financial dividend history, payout ratio & dates
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 4.75%. The latest AROW stock dividend of $0.28 is an increase from the previous $0.27 distribution, representing a growth of 3.7%.
Key dates
- AROW last dividend date: Oct 15, 2024
AROW dividend stats
vs. Financial Services sector
Dividend yield
Arrow Financial's dividend yield of 4.75% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.82%, Arrow Financial's dividend yield is 68% higher. Historically AROW's dividend yield has averaged at 3.8% in the last 5 years, which is less than the current one.
Dividend history
Arrow Financial has been paying dividends for the last 30 years. According to our data AROW has issued five dividends in the last twelve months. The annualized DPS has grown by 30% for the last year. However since the stock price has gone up by 59% from a year ago, the dividend yield has decreased by 18%.
Recent dividends
| 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 dividend payout ratio
Payout ratio
Arrow Financial's payout ratio of 72% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 43.4%, Arrow Financial's payout ratio is 66% higher.
Total amount of dividends paid per financial year (from cash flow)
AROW dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FLIC First Of Long Island Corp | 6.43% | $0.84 | 86.6% |
| AROW Arrow Financial Corp | 4.72% | $1.36 | 72% |
| FISI Financial Institutions Inc | 4.69% | $1.2 | 36.9% |
| TMP Tompkins Financial Corp | 3.91% | $2.42 | 244.4% |
| EVBN Evans Bancorp Inc | 3.33% | $1.32 | 38% |
| FNB Fnb Corp | 3.32% | $0.48 | 40.3% |
| CBU Community Bank System Inc | 3.11% | $1.81 | 57.8% |
| NBTB Nbt Bancorp Inc | 2.93% | $1.3 | 50% |
Frequently asked questions
Does Arrow Financial pay a dividend?
Yes, Arrow Financial has been paying dividends for the last 30 years.
When was AROW's last dividend?
Arrow Financial's last regular dividend was on Oct 15, 2024 (ex-date) with the amount of $0.28 per share.
How much dividend does Arrow Financial pay (per share)?
AROW's annualized dividend per share is $1.36.
What is Arrow Financial's dividend yield?
Arrow Financial's current dividend yield is 4.75%.
What is Arrow Financial's dividend payout ratio?
The dividend payout ratio of Arrow Financial is 72%.
Does Arrow Financial pay a good dividend?
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.