Arrow Financial Corporation Announces 3.0% Increase in Quarterly Cash Dividend

Arrow Financial Corporation (AROW) Raises Quarterly Cash Dividend by 3.0%: Shareholder Implications Explained

Dividends

May 3, 2023

Arrow Financial Corporation (NasdaqGS® - AROW) has recently made an announcement regarding an increase in their quarterly cash dividend. The Board of Directors has declared a dividend of $0.27 per share, representing a 3.0% increase compared to the second quarter of 2022. This article will provide more details about the dividend increase and its implications for shareholders.

Dividend Increase

The Board of Directors of Arrow Financial Corporation has approved a 3.0% increase in the company's quarterly cash dividend. Shareholders can expect to receive a dividend of $0.27 per share, which will be payable on June 15, 2023. This dividend will benefit the shareholders of record on June 2, 2023.

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