dividend
confidence high
sentiment positive
materiality 0.55
Arrow Financial raises quarterly dividend 3.7% to $0.28 per share; switches from stock dividend
ARROW FINANCIAL CORP
- Quarterly cash dividend of $0.28/share declared, payable Oct 29, 2024 to holders of record Oct 15, 2024.
- Represents a 3.7% increase over prior quarterly cash dividend; replaces the 3% stock dividend previously declared.
- YTD total capital returned to shareholders: $6.4M in share repurchases and $13.6M in cash dividends paid.
- This is the 46th consecutive quarterly cash dividend declared by Arrow.