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Arrow Financial Corporation ยท NASDAQ
Price: $38.58 ยท Annual div: $1.19/share ยท Frequency: quarterly ยท Payout ratio: 45% ยท Ex-div: 2026-08-11
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Year your monthly dividend income covers each expense (based on current settings)
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-08-11Latest | 2026-08-25 | $0.3000 | 2.95% | $40.33 |
| 2026-05-12 | 2026-05-26 | $0.3000 | 3.93% | $37.14 |
| 2026-02-11 | 2026-02-25 | $0.3000 | 3.35% | $34.63 |
| 2025-11-12 | 2025-11-24 | $0.2900 | 3.87% | $29.49 |
| 2025-08-11 | 2025-08-25 | $0.2900 | 5.35% | $26.16 |
| 2025-05-13 | 2025-05-23 | $0.2800 | 4.55% | $24.40 |
| 2025-02-10 | 2025-02-24 | $0.2800 | 4.22% | $26.04 |
| 2024-10-15 | 2024-10-29 | $0.2800 | 4.88% | $27.85 |
| 2024-08-12 | 2024-08-23 | $0.2700 | 4.47% | $30.18 |
| 2024-05-10 | 2024-05-24 | $0.2700 | 5.80% | $23.28 |
| 2024-02-09 | 2024-02-23 | $0.2700 | 5.41% | $24.97 |
| 2023-11-30 | 2023-12-15 | $0.2700 | 4.97% | $21.71 |
| 2023-08-31 | 2023-09-15 | $0.2700 | 5.31% | $20.34 |
| 2023-06-01 | 2023-06-15 | $0.2700 | 5.89% | $18.20 |
| 2023-03-02 | 2023-03-15 | $0.2700 | 3.54% | $30.07 |
| 2022-11-30 | 2022-12-15 | $0.2700 | 3.80% | $34.46 |
| 2022-08-31 | 2022-09-15 | $0.2621 | 3.93% | $32.83 |
| 2022-05-31 | 2022-06-15 | $0.2621 | 4.24% | $30.20 |
| 2022-02-28 | 2022-03-15 | $0.2621 | 3.72% | $34.18 |
| 2021-12-01 | 2021-12-15 | $0.2524 | 3.04% | $33.26 |
| 2021-09-02 | 2021-09-15 | $0.2524 | 2.77% | $36.49 |
| 2021-06-01 | 2021-06-15 | $0.2524 | 3.51% | $35.92 |
| 2021-03-01 | 2021-03-15 | $0.2524 | 4.06% | $31.12 |
| 2020-12-01 | 2020-12-15 | $0.2524 | โ | โ |
| 2020-09-01 | 2020-09-15 | $0.2524 | โ | โ |
| 2020-06-02 | 2020-06-15 | $0.2524 | โ | โ |
| 2020-03-02 | 2020-03-13 | $0.2524 | โ | โ |
| 2019-12-02 | 2019-12-13 | $0.2524 | โ | โ |
| 2019-09-03 | 2019-09-13 | $0.2451 | โ | โ |
| 2019-06-03 | 2019-06-14 | $0.2451 | โ | โ |
| 2019-02-28 | 2019-03-15 | $0.2451 | โ | โ |
| 2018-11-29 | 2018-12-14 | $0.2451 | โ | โ |
| 2018-08-30 | 2018-09-14 | $0.2379 | โ | โ |
| 2018-05-31 | 2018-06-15 | $0.2288 | โ | โ |
| 2018-02-28 | 2018-03-15 | $0.2288 | โ | โ |
| 2017-11-30 | 2017-12-15 | $0.2288 | โ | โ |
| 2017-08-30 | 2017-09-15 | $0.2221 | โ | โ |
| 2017-05-31 | 2017-06-15 | $0.2221 | โ | โ |
| 2017-02-27 | 2017-03-15 | $0.2221 | โ | โ |
| 2016-11-30 | 2016-12-15 | $0.2221 | โ | โ |
| 2016-08-31 | 2016-09-15 | $0.2221 | โ | โ |
| 2016-06-01 | 2016-06-15 | $0.2221 | โ | โ |
| 2016-03-01 | 2016-03-15 | $0.2221 | โ | โ |
| 2015-12-01 | 2015-12-15 | $0.2221 | โ | โ |
| 2015-09-01 | 2015-09-15 | $0.2178 | โ | โ |
| 2015-06-01 | 2015-06-15 | $0.2178 | โ | โ |
| 2015-02-27 | 2015-03-13 | $0.2178 | โ | โ |
| 2014-12-01 | 2014-12-15 | $0.2178 | โ | โ |
| 2014-08-28 | 2014-09-15 | $0.2135 | โ | โ |
| 2014-05-29 | 2014-06-13 | $0.2135 | โ | โ |
| 2014-02-27 | 2014-03-14 | $0.2135 | โ | โ |
| 2013-12-02 | 2013-12-13 | $0.2135 | โ | โ |
| 2013-08-29 | 2013-09-13 | $0.2093 | โ | โ |
| 2013-05-30 | 2013-06-14 | $0.2093 | โ | โ |
| 2013-02-27 | 2013-03-15 | $0.2093 | โ | โ |
| 2012-11-29 | 2012-12-14 | $0.2093 | โ | โ |
| 2012-08-30 | 2012-09-14 | $0.2052 | โ | โ |
| 2012-05-30 | 2012-06-15 | $0.2052 | โ | โ |
| 2012-02-29 | 2012-03-15 | $0.2052 | โ | โ |
| 2011-11-30 | 2011-12-15 | $0.2052 | โ | โ |
| 2011-08-31 | 2011-09-15 | $0.1992 | โ | โ |
| 2011-06-01 | 2011-06-15 | $0.1992 | โ | โ |
| 2011-03-01 | 2011-03-15 | $0.1992 | โ | โ |
| 2010-12-01 | 2010-12-15 | $0.1992 | โ | โ |
| 2010-08-31 | 2010-09-15 | $0.1934 | โ | โ |
| 2010-06-01 | 2010-06-15 | $0.1934 | โ | โ |
| 2010-03-01 | 2010-03-15 | $0.1934 | โ | โ |
| 2009-12-01 | 2009-12-15 | $0.1934 | โ | โ |
| 2009-09-01 | 2009-09-15 | $0.1878 | โ | โ |
| 2009-06-01 | 2009-06-15 | $0.1878 | โ | โ |
| 2009-02-27 | 2009-03-13 | $0.1878 | โ | โ |
| 2008-12-01 | 2008-12-15 | $0.1878 | โ | โ |
| 2008-09-02 | 2008-09-15 | $0.1878 | โ | โ |
| 2008-05-29 | 2008-06-13 | $0.1803 | โ | โ |
| 2008-02-28 | 2008-03-14 | $0.1803 | โ | โ |
| 2007-11-30 | 2007-12-14 | $0.1803 | โ | โ |
| 2007-08-30 | 2007-09-14 | $0.1750 | โ | โ |
| 2007-06-01 | 2007-06-15 | $0.1750 | โ | โ |
| 2007-02-27 | 2007-03-15 | $0.1750 | โ | โ |
| 2006-12-01 | 2006-12-15 | $0.1750 | โ | โ |
Arrow Financial Corporation functions as a bank holding company, delivering a comprehensive suite of commercial and consumer banking services, alongside various financial products. Its core deposit offerings include conventional options like demand accounts, interest-bearing checking accounts, savings accounts, and diverse time deposits. The company's lending portfolio features commercial credit facilities such as term loans, time-based notes, and revolving lines of credit. It also extends financing for commercial real estate, encompassing property acquisitions, refinancing, expansions, and improvements, in addition to loans for commercial construction and land development. On the consumer side, Arrow Financial provides installment loans for personal expenditures, personal lines of credit, overdraft protection, and automobile loans. Residential real estate financing is another key component, offering mortgages, fixed home equity loans, and home equity lines of credit to support home improvements, debt consolidation, educational funding, and other personal requirements. Furthermore, the company operates an indirect lending program and actively sells its originated residential real estate loans into the secondary market. Beyond traditional banking, Arrow Financial offers comprehensive wealth management and trust services. This includes retirement planning, trust administration, and estate management for individuals, as well as pension, profit-sharing, and employee benefit plan administration for corporate clients. The corporation also operates an insurance agency, providing group health, life, and property and casualty policies. Additionally, it offers investment advisory services for its proprietary mutual funds and holds an interest in a real estate investment trust. The company's operational footprint spans the northeastern region of New York State, specifically serving Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, along with neighboring communities. Its physical infrastructure comprises 26 owned branch banking locations, 12 leased branch offices, and two dedicated residential loan origination centers. Established in 1851, Arrow Financial Corporation maintains its corporate headquarters in Glens Falls, New York.
Forward dividend yield from the latest data ยท open any DRIP calculator
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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Ready to invest? Open AROW position with:
Real after-tax yield depends on where you live and how you hold AROW.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| ๐บ๐ธ Roth IRA / 401k | 0% | 3.08% | 0.28% | $308 / yr |
| ๐บ๐ธ US Taxable (15%) โ | 15% | 2.62% | -0.18% | $262 / yr |
| ๐บ๐ธ US Taxable (20%) | 20% | 2.46% | -0.34% | $246 / yr |
| ๐ฌ๐ง UK ISA | 0% | 3.08% | 0.28% | $308 / yr |
| ๐ฌ๐ง UK Taxable | 8.75% | 2.81% | 0.01% | $281 / yr |
| ๐จ๐ฆ TFSA | 0% | 3.08% | 0.28% | $308 / yr |
| ๐จ๐ฆ CA Taxable | 25% | 2.31% | -0.49% | $231 / yr |
| ๐ฆ๐บ Super (pension) | 15% | 2.62% | -0.18% | $262 / yr |
| ๐ฆ๐บ AU Taxable | 30% | 2.16% | -0.64% | $216 / yr |
| ๐ฉ๐ช DE Taxable | 26.375% | 2.27% | -0.53% | $227 / yr |
| ๐ซ๐ท FR Taxable | 30% | 2.16% | -0.64% | $216 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $1.19/share/yr ยท ๐บ๐ธ US Taxable (15%) ยท static projection (no growth assumed).
AROW pays quarterly โ 4 times per year. Ex-div: 2026-08-11.
How AROW compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024โ2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for AROW sourced from FMP /financial-growth endpoint โ real data, not estimates.
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| J-Other | 2026-09-23 | 203 | $36.97 | $7.5K | ||
| J-Other | 2026-09-23 | 203 | $36.97 | $7.5K | ||
| G-Gift | 2026-09-03 | 140 | โ | โ | ||
| J-Other | 2026-09-23 | 211 | $36.97 | $7.8K | ||
| J-Other | 2026-09-23 | 304 | $36.97 | $11.2K | ||
| J-Other | 2026-09-23 | 423 | $36.97 | $15.6K | ||
| J-Other | 2026-09-23 | 298 | $36.97 | $11.0K | ||
| J-Other | 2026-09-23 | 389 | $36.97 | $14.4K | ||
| J-Other | 2026-09-23 | 203 | $36.97 | $7.5K | ||
| J-Other | 2026-09-23 | 228 | $36.97 | $8.4K |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
Compare AROW with peers: AROW vs ACNB ยท AROW vs ALRS ยท AROW vs BHB
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores โ lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the AROW dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer โ
Arrow Financial Corporation (AROW) is currently trading at $38.58, 10% below its 52-week high. The current dividend yield is 3.08% based on an annual payout of $1.19 per share.
Arrow Financial Corporation (AROW) is a financial services stock currently trading at $38.58 with a dividend yield of 3.08%. It pays an annual dividend of $1.19 per share. The payout ratio of 45% suggests the dividend is well-covered by earnings. Over the past 5 years, AROW has grown its dividend at a compound annual rate of 4.2%.
Auto-generated from live market data. For educational purposes only โ not financial advice.
Illustrative examples of common use cases, written by the DividendFlow team โ not customer reviews.
AROW (Arrow Financial Corporation) has a dividend yield of 3.08%, based on an annual dividend of $1.19 per share and a price of $38.58. Over the last 12 months it paid $1.19 per share โ a trailing yield of 3.08%. Dividends are paid quarterly.
Yield history: over the last 12 payments, AROW's 12-month yield ranged from 2.95% to 5.80%. Full AROW dividend history โ
Yield on cost: if AROW's dividend keeps growing 4.0% a year, a purchase at today's price would yield 3.75% after 5 years, 4.57% after 10 years and 6.76% after 20 years on the original investment.
With dividends reinvested, a AROW position grows its share count by about 2.88% in the first year at today's price and yield.
| Year | Shares bought by dividends | Total shares | Dividend income | Position value | Yield on cost |
|---|---|---|---|---|---|
| 1 | 7.46 | 266.66 | $321 | $11,471 | 3.21% |
| 3 | 6.85 | 280.67 | $367 | $15,010 | 3.67% |
| 5 | 6.25 | 293.48 | $416 | $19,512 | 4.16% |
| 10 | 4.85 | 320.47 | $556 | $36,720 | 5.56% |
| 20 | 2.71 | 356.43 | $922 | $121,291 | 9.22% |
DRIP rate = share-count growth from reinvested dividends. Simplified yearly model before taxes and fees; adjust every assumption in the calculator above. Not financial advice. How DRIP and the DRIP rate work โ
AROW (Arrow Financial Corporation) has a dividend yield of 3.08%, based on an annual dividend of $1.19 per share and a price of $38.58. Over the last 12 months it paid $1.19 per share โ a trailing yield of 3.08%. Dividends are paid quarterly.
$10,000 in AROW at a 3.08% yield pays about $308 a year ($26 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
With dividends reinvested, a AROW position grows its share count by about 2.88% in the first year at today's price and yield.
Enter your starting amount, monthly contribution and time horizon in the AROW DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
AROW's next ex-dividend date has not been announced yet; the most recent one was 2026-08-11. AROW pays dividends quarterly. Buy before the ex-dividend date to receive the next payment.
AROW's dividend changed 40.0% over the last year and 4.2% a year on average over five years.
AROW pays out 45% of its earnings as dividends. A payout ratio under 60% is generally considered sustainable. Dividends can be cut at any time; this is not financial advice.
News aggregated from public sources via Finnhub & RSS. For informational purposes only.
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