AROW Dividend History & Yield

Arrow Financial Corporation · NasdaqGS

Stock Financial Services Quarterly payer
$39.09
-1.21% today
as of Sep 9, 2026
TTM yield
3.04%
$1.19/share over the last 12 months
Forward yield
3.07%
$1.20/share indicated annual rate
Annual dividend
$1.20
per share, forward
Per payment
$0.30
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 10, 2026 Estimated
in 62 days
Next pay date
Nov 24, 2026
in 76 days
Last ex-dividend date
Aug 11, 2026
$0.30 per share
Payout ratio
38%
of earnings
Market cap
724.1M
P/E 12.6
5y dividend CAGR
+3.3%
annualised, regular payments
Growth streak
2 yrs
consecutive annual raises
Years paying
39.6
since Jan 16, 1987
1y total return
+35.5%
price +31.5% + dividends 4.0%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Nov 10, 2026 (in 62 days) Nov 24, 2026 $0.30 $30.00 Estimated
Tue, Feb 9, 2027 (in 153 days) Feb 23, 2027 $0.30 $30.00 Estimated
Tue, May 11, 2027 (in 244 days) May 25, 2027 $0.30 $30.00 Estimated
Tue, Aug 10, 2027 (in 335 days) Aug 24, 2027 $0.30 $30.00 Estimated

Estimated dates and amounts are projected from AROW's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.20 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 30, 2016 to Aug 11, 2026; most recent $0.30$0.00$0.20$0.40Nov 30, 2016: $0.2221Nov '16Feb 27, 2017: $0.2221May 31, 2017: $0.2221Aug 30, 2017: $0.2221Nov 30, 2017: $0.2288Feb 28, 2018: $0.2288Feb '18May 31, 2018: $0.2288Aug 30, 2018: $0.2379Nov 29, 2018: $0.2451Feb 28, 2019: $0.2451Jun 3, 2019: $0.2451Jun '19Sep 3, 2019: $0.2451Dec 2, 2019: $0.2524Mar 2, 2020: $0.2524Jun 2, 2020: $0.2524Sep 1, 2020: $0.2524Sep '20Dec 1, 2020: $0.2524Mar 1, 2021: $0.2524Jun 1, 2021: $0.2524Sep 2, 2021: $0.2524Dec 1, 2021: $0.2524Dec '21Feb 28, 2022: $0.2621May 31, 2022: $0.2621Aug 31, 2022: $0.2621Nov 30, 2022: $0.27Mar 2, 2023: $0.27Mar '23Jun 1, 2023: $0.27Aug 31, 2023: $0.27Nov 30, 2023: $0.27Feb 9, 2024: $0.27May 10, 2024: $0.27May '24Aug 12, 2024: $0.27Oct 15, 2024: $0.28Feb 10, 2025: $0.28May 13, 2025: $0.28Aug 11, 2025: $0.29Aug '25Nov 12, 2025: $0.29Feb 11, 2026: $0.30May 12, 2026: $0.30Aug 11, 2026: $0.30

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.60$1.202017: $0.8952$0.895220172018: $0.9406$0.940620182019: $0.9877$0.987720192020: $1.0097$1.009720202021: $1.0097$1.009720212022: $1.0564$1.056420222023: $1.08$1.0820232024: $1.09$1.0920242025: $1.14$1.1420252026 (YTD): $0.90$0.902026 YTD

How much AROW do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,000$39,090$1,200
$500 / month5,000$195,450$6,000
$1,000 / month10,000$390,900$12,000

Based on the forward yield of 3.07%. $10,000 in AROW would currently pay about $307 a year ($26 a month on average). Model reinvestment and growth →

AROW dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Aug 11, 2026 Aug 25, 2026 $0.30 +0.0%
May 12, 2026 May 26, 2026 $0.30 +0.0%
Feb 11, 2026 Feb 25, 2026 $0.30 +3.4%
Nov 12, 2025 Nov 24, 2025 $0.29 +0.0%
Aug 11, 2025 Aug 25, 2025 $0.29 +3.6%
May 13, 2025 May 23, 2025 $0.28 +0.0%
Feb 10, 2025 Feb 24, 2025 $0.28 +0.0%
Oct 15, 2024 Oct 29, 2024 $0.28 +3.7%
Aug 12, 2024 Aug 23, 2024 $0.27 +0.0%
May 10, 2024 May 24, 2024 $0.27 +0.0%
Feb 9, 2024 Feb 23, 2024 $0.27 +0.0%
Nov 30, 2023 Dec 15, 2023 $0.27 +0.0%
Aug 31, 2023 Sep 15, 2023 $0.27 +0.0%
Jun 1, 2023 Jun 15, 2023 $0.27 +0.0%
Mar 2, 2023 Mar 15, 2023 $0.27 +0.0%
Nov 30, 2022 Dec 15, 2022 $0.27 +3.0%
Aug 31, 2022 Sep 15, 2022 $0.2621 +0.0%
May 31, 2022 Jun 15, 2022 $0.2621 +0.0%
Feb 28, 2022 Mar 15, 2022 $0.2621 +3.8%
Dec 1, 2021 Dec 15, 2021 $0.2524 +0.0%
Sep 2, 2021 Sep 15, 2021 $0.2524 +0.0%
Jun 1, 2021 Jun 15, 2021 $0.2524 +0.0%
Mar 1, 2021 Mar 15, 2021 $0.2524 +0.0%
Dec 1, 2020 Dec 15, 2020 $0.2524 +0.0%
Sep 1, 2020 Sep 15, 2020 $0.2524 +0.0%
Jun 2, 2020 Jun 15, 2020 $0.2524 +0.0%
Mar 2, 2020 Mar 13, 2020 $0.2524 +0.0%
Dec 2, 2019 Dec 13, 2019 $0.2524 +3.0%
Sep 3, 2019 Sep 13, 2019 $0.2451 +0.0%
Jun 3, 2019 Jun 14, 2019 $0.2451 +0.0%
Feb 28, 2019 Mar 15, 2019 $0.2451 +0.0%
Nov 29, 2018 Dec 14, 2018 $0.2451 +3.0%
Aug 30, 2018 Sep 14, 2018 $0.2379 +4.0%
May 31, 2018 Jun 15, 2018 $0.2288 +0.0%
Feb 28, 2018 Mar 15, 2018 $0.2288 +0.0%
Nov 30, 2017 Dec 15, 2017 $0.2288 +3.0%
Aug 30, 2017 Sep 15, 2017 $0.2221 +0.0%
May 31, 2017 Jun 15, 2017 $0.2221 +0.0%
Feb 27, 2017 Mar 15, 2017 $0.2221 +0.0%
Nov 30, 2016 Dec 15, 2016 $0.2221 +0.0%
Aug 31, 2016 Sep 15, 2016 $0.2221 +0.0%
Jun 1, 2016 Jun 15, 2016 $0.2221 +0.0%
Mar 1, 2016 Mar 15, 2016 $0.2221 +0.0%
Dec 1, 2015 Dec 15, 2015 $0.2221 +2.0%
Sep 1, 2015 Sep 15, 2015 $0.2178 +0.0%
Jun 1, 2015 Jun 15, 2015 $0.2178 +0.0%
Feb 27, 2015 Mar 13, 2015 $0.2178 +0.0%
Dec 1, 2014 Dec 15, 2014 $0.2178 +2.0%
Aug 28, 2014 Sep 15, 2014 $0.2135 +0.0%
May 29, 2014 Jun 13, 2014 $0.2135 +0.0%
Feb 27, 2014 Mar 14, 2014 $0.2135 +0.0%
Dec 2, 2013 Dec 13, 2013 $0.2135 +2.0%
Aug 29, 2013 Sep 13, 2013 $0.2093 +0.0%
May 30, 2013 $0.2093 +0.0%
Feb 27, 2013 Mar 15, 2013 $0.2093 +0.0%
Nov 29, 2012 $0.2093 +2.0%
Aug 30, 2012 $0.2052 +0.0%
May 30, 2012 $0.2052 +0.0%
Feb 29, 2012 $0.2052 +0.0%
Nov 30, 2011 Dec 15, 2011 $0.2052 +3.0%
Aug 31, 2011 $0.1992 +0.0%
Jun 1, 2011 $0.1992 +0.0%
Mar 1, 2011 $0.1992 +0.0%
Dec 1, 2010 $0.1992 +3.0%
Aug 31, 2010 $0.1934 +0.0%
Jun 1, 2010 $0.1934 +0.0%
Mar 1, 2010 $0.1934 +0.0%
Dec 1, 2009 $0.1934 +3.0%
Sep 1, 2009 $0.1878 +0.0%
Jun 1, 2009 $0.1878 +0.0%
Feb 27, 2009 $0.1878 +0.0%
Dec 1, 2008 $0.1878 +0.0%
Sep 2, 2008 $0.1878 +4.2%
May 29, 2008 $0.1803 +0.0%
Feb 28, 2008 $0.1803 +0.0%
Nov 30, 2007 $0.1803 +3.0%
Aug 30, 2007 $0.175 +0.0%
Jun 1, 2007 $0.175 +0.0%
Feb 27, 2007 $0.175 +0.0%
Dec 1, 2006 $0.175 +3.0%
Aug 31, 2006 $0.1699 +0.0%
Jun 1, 2006 $0.1699 +0.0%
Feb 28, 2006 $0.1699 +0.0%
Dec 5, 2005 $0.1699 +3.0%
Sep 2, 2005 $0.165 +4.3%
Jun 3, 2005 $0.1581 +0.0%
Feb 24, 2005 $0.1581 +0.0%
Nov 26, 2004 $0.1581 +3.0%
Aug 27, 2004 $0.1535 +0.0%
May 26, 2004 $0.1535 +4.5%
Feb 25, 2004 $0.1468 +0.0%
Nov 25, 2003 $0.1468 +5.8%
Aug 27, 2003 $0.1388 +0.0%
May 28, 2003 $0.1388 +4.0%
Feb 26, 2003 $0.1335 +0.0%
Nov 26, 2002 $0.1335 +5.0%
Aug 28, 2002 $0.1271 +0.0%
May 29, 2002 $0.1271 +8.7%
Feb 27, 2002 $0.117 +0.0%
Nov 28, 2001 $0.117 +5.0%
Aug 29, 2001 $0.1114 +0.0%
May 30, 2001 $0.1114 +9.5%
Feb 27, 2001 $0.1017 +0.0%
Nov 29, 2000 $0.1017 +5.0%
Aug 30, 2000 $0.0969 +0.0%
May 30, 2000 $0.0969 +5.3%
Feb 28, 2000 $0.092 +0.0%
Nov 26, 1999 $0.092 +3.3%
Aug 30, 1999 $0.0891 +4.5%
May 27, 1999 $0.0852 +0.0%
Feb 25, 1999 $0.0852 +0.0%
Nov 25, 1998 $0.0852 +4.8%
Aug 27, 1998 $0.0814 +1.0%
Jul 30, 1998 $0.0806 +9.0%
May 28, 1998 $0.074 +0.0%
Feb 25, 1998 $0.074 +0.0%
Nov 26, 1997 $0.074 +10.3%
Aug 28, 1997 $0.0671 +0.0%
May 29, 1997 $0.0671 +0.0%
Feb 26, 1997 $0.0671 +0.0%
Nov 27, 1996 $0.0671 +29.4%
Aug 29, 1996 $0.0518 +0.0%
May 29, 1996 $0.0518 +0.0%
Feb 28, 1996 $0.0518 +6.2%
Nov 29, 1995 $0.0488 +6.7%
Aug 30, 1995 $0.0457 +7.1%
May 25, 1995 $0.0427 +7.7%
Feb 23, 1995 $0.0396 +8.3%
Nov 25, 1994 $0.0366 +166.7%
Oct 5, 1994 $0.0137 -59.1%
Aug 26, 1994 $0.0335 +37.5%
May 25, 1994 $0.0244 +14.3%
Feb 23, 1994 $0.0213 +16.7%
Nov 24, 1993 $0.0183 +20.0%
Sep 7, 1993 $0.0152 -47.4%
Nov 9, 1992 $0.029 -2.1%
Aug 9, 1991 $0.0296 -3.0%
May 1, 1991 $0.0305 -44.4%
Feb 1, 1991 $0.0549 +0.0%
Nov 1, 1990 $0.0549 +0.0%
Jul 26, 1990 $0.0549 +5.9%
Apr 17, 1990 $0.0518 +0.0%
Jan 18, 1990 $0.0518 +6.2%
Oct 18, 1989 $0.0488 +0.0%
Jul 18, 1989 $0.0488 +0.0%
Apr 18, 1989 $0.0488 +0.0%
Jan 18, 1989 $0.0488 +0.0%
Oct 18, 1988 $0.0488 +14.3%
Jul 18, 1988 $0.0427 +0.0%
Apr 18, 1988 $0.0427 +0.0%
Jan 14, 1988 $0.0427 +0.0%
Oct 19, 1987 $0.0427 +3.7%
Jul 17, 1987 $0.0412 +0.0%
Apr 16, 1987 $0.0412 +0.0%
Jan 16, 1987 $0.0412

AROW dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Feb 11, 2026 Raised 3.4% $0.29 $0.30 Paid
Aug 11, 2025 Raised 3.6% $0.28 $0.29 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

AROW scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Arrow Financial Corporation

Arrow Financial Corporation, a bank holding company, provides various commercial and consumer banking, and financial products and services in the United States. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and enhancement to commercial properties, as well as commercial construction and land development loans to finance projects.

Sector: Financial Services. Industry: Banks - Regional. First dividend on our records: Jan 16, 1987. 155 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

AROW dividend FAQ

When is AROW's next ex-dividend date?

AROW's next ex-dividend date is Nov 10, 2026 (in 62 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.30 per share, expected on Nov 24, 2026.

How often does AROW pay dividends?

AROW pays dividends every quarter, 4 times a year. The most recent payment was $0.30 per share with an ex-date of Aug 11, 2026.

What is AROW's dividend yield?

AROW's trailing 12-month dividend yield is 3.04%, based on $1.19 per share paid over the last year and a share price of $39.09. The forward yield, using the indicated annual rate of $1.20 per share, is 3.07%.

How much does AROW pay per share?

AROW pays about $0.30 per share each quarter, which works out to roughly $1.20 per share a year. 100 shares would collect about $120.00 a year.

Has AROW grown or cut its dividend?

AROW has raised its annual dividend for 2 consecutive years. Over the last 5 years the regular payout has grown at 3.3% a year (+5.3% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of AROW do I need to earn $100 a month?

At the current forward yield of 3.07%, you would need about 1,000 shares of AROW (roughly $39,090 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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