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.
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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