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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 May 10, 2024. The payout stands at $1.07 per share annually, which works out to a dividend yield of 3.48%.

Key dates

  • AROW last dividend date: May 10, 2024
  • AROW next dividend date: Not announced
AROW dividend stats
DPS
$1.07
Dividend yield
3.48%
Payout ratio
62.3%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
41.1%

Dividend yield

What is Arrow Financial current dividend yield

Arrow Financial's dividend yield of 3.48% 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 2.93%, Arrow Financial's dividend yield is 19% higher. Historically AROW's dividend yield has averaged at 3.7% 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 30 years. According to our data AROW has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 3% for the last year. However since the stock price has gone up by 49% from a year ago, the dividend yield has decreased by 31%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 10, 2024 May 24, 2024 Apr 30, 2024 $0.27 normal
Feb 9, 2024 Feb 23, 2024 Jan 31, 2024 $0.27 normal
Nov 30, 2023 Dec 15, 2023 Oct 26, 2023 $0.27 normal
Aug 31, 2023 Sep 15, 2023 Jul 26, 2023 $0.262 normal
Jun 1, 2023 Jun 15, 2023 May 3, 2023 $0.262 normal
Mar 2, 2023 Mar 15, 2023 Feb 2, 2023 $0.262 normal
Nov 30, 2022 Dec 15, 2022 Oct 27, 2022 $0.262 normal
Aug 31, 2022 Sep 15, 2022 Jul 27, 2022 $0.255 normal
May 31, 2022 Jun 15, 2022 $0.255 normal
Feb 28, 2022 Mar 15, 2022 Jan 26, 2022 $0.255 normal
Dec 1, 2021 Dec 15, 2021 $0.245 normal
Sep 2, 2021 Sep 15, 2021 Jul 29, 2021 $0.238 normal
Jun 1, 2021 Jun 15, 2021 Apr 28, 2021 $0.238 normal
Mar 1, 2021 Mar 15, 2021 Jan 27, 2021 $0.238 normal
Dec 1, 2020 Dec 15, 2020 Oct 28, 2020 $0.238 normal
Sep 1, 2020 Sep 15, 2020 Jul 29, 2020 $0.231 normal
Jun 2, 2020 Jun 15, 2020 Apr 29, 2020 $0.231 normal
Mar 2, 2020 Mar 13, 2020 Jan 29, 2020 $0.231 normal
Dec 2, 2019 Dec 13, 2019 Oct 30, 2019 $0.231 normal
Sep 3, 2019 Sep 13, 2019 Jul 31, 2019 $0.224 normal
Jun 3, 2019 Jun 14, 2019 Apr 24, 2019 $0.224 normal
Feb 28, 2019 Mar 15, 2019 Jan 30, 2019 $0.224 normal
Nov 29, 2018 Dec 14, 2018 Oct 31, 2018 $0.224 normal
Aug 30, 2018 Sep 14, 2018 Jul 25, 2018 $0.218 normal
May 31, 2018 Jun 15, 2018 Apr 25, 2018 $0.209 normal
Feb 28, 2018 Mar 15, 2018 Jan 31, 2018 $0.209 normal
Nov 30, 2017 Dec 15, 2017 Oct 25, 2017 $0.209 normal
Aug 30, 2017 Sep 15, 2017 Jul 26, 2017 $0.203 normal
May 31, 2017 Jun 15, 2017 Apr 26, 2017 $0.203 normal
Feb 27, 2017 Mar 15, 2017 Jan 25, 2017 $0.203 normal
Nov 30, 2016 Dec 15, 2016 Oct 26, 2016 $0.203 normal
Aug 31, 2016 Sep 15, 2016 Jul 27, 2016 $0.197 normal
Jun 1, 2016 Jun 15, 2016 Apr 27, 2016 $0.197 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 62.3% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 41.1%, Arrow Financial's payout ratio is 52% 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
FLIC First Of Long Island Corp 6.7% $0.84 78.5%
FISI Financial Institutions Inc 5.03% $1.2 47.6%
TMP Tompkins Financial Corp 3.99% $2.41 502.1%
EVBN Evans Bancorp Inc 3.98% $1.32 34.4%
AROW Arrow Financial Corp 3.48% $1.07 62.3%
FNB Fnb Corp 3.19% $0.48 38.7%
CBU Community Bank System Inc 2.93% $1.8 57.7%
NBTB Nbt Bancorp Inc 2.58% $1.28 49%

Frequently asked questions

Does Arrow Financial pay a dividend?

Yes, Arrow Financial has been paying dividends for the last 30 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 August 2024.

When was AROW's last dividend?

Arrow Financial's last regular dividend was on May 10, 2024 (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 $1.07.

What is Arrow Financial's dividend yield?

Arrow Financial's current dividend yield is 3.48%.

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 62.3%.

Does Arrow Financial pay a good dividend?

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