dividend
confidence high
sentiment neutral
materiality 0.20
Arrow Financial declares 3% stock dividend payable Sept 26
ARROW FINANCIAL CORP
- 3% stock dividend declared on Aug 30, 2023; distribute Sept 26 to holders of record Sept 20.
- Shareholders receive three additional shares for every 100 shares owned.
- Cash equivalent paid for any fractional shares to certificate holders.
- Stock dividend preserves shareholder value; no change to proportional ownership.