Does AROW pay a dividend?

Yes. Arrow Financial Corporation pays a quarterly dividend, currently yielding 3.81% based on trailing twelve-month payments of $1.49 per share.

How much does AROW pay in dividends?

$1.49 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next AROW ex-dividend date?

The next ex-dividend date on record is November 10, 2026, with payment on November 23, 2026. You must own the shares before the ex-dividend date to receive that payment.

AROW Dividend

Arrow Financial Corporation

NASDAQFinancial ServicesStockData as of November 10, 2026

Dividend yield: 3.81%
Annual dividend: $1.49
Payout ratio: 0.46
Frequency: Quarterly
Share price: $39.11
Market cap: $725M

Next payment

Ex-dividend date: November 10, 2026Pay date: November 23, 2026Amount: $0.3000

You must own the shares before the ex-dividend date to receive this payment.

Is AROW a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median3.81% against a median of 2.81% across US dividend payers.
Dividend is comfortably coveredA payout ratio of 0.46 means roughly 46% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut 5 timesAcross 40 complete years, the annual total fell in 1991, 1993, 1999 and earlier. The most recent reduction was in 1999.
Raised for 4 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

AROW dividend history

Annual dividend per share, 1985 to 2025.

Peak $1.43 in 1985Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for AROW, most recent first.
Ex-dividend date	Pay date	Amount	Type
November 10, 2026	November 23, 2026	$0.3000	Quarterly
August 11, 2026	August 25, 2026	$0.3000	Quarterly
May 12, 2026	May 26, 2026	$0.3000	Quarterly
February 11, 2026	February 25, 2026	$0.3000	Quarterly
November 12, 2025	November 24, 2025	$0.2900	Quarterly
August 11, 2025	August 25, 2025	$0.2900	Quarterly
May 13, 2025	May 23, 2025	$0.2800	Quarterly
February 10, 2025	February 24, 2025	$0.2800	Quarterly
October 15, 2024	October 29, 2024	$0.2800	Quarterly
August 12, 2024	August 23, 2024	$0.2700	Quarterly
May 10, 2024	May 24, 2024	$0.2700	Quarterly
February 9, 2024	February 23, 2024	$0.2700	Quarterly
November 30, 2023	December 15, 2023	$0.2700	Quarterly
August 31, 2023	September 15, 2023	$0.2781	Quarterly
June 1, 2023	June 15, 2023	$0.2781	Quarterly
March 2, 2023	March 15, 2023	$0.2781	Quarterly
November 30, 2022	December 15, 2022	$0.2700	Quarterly
August 31, 2022	September 15, 2022	$0.2700	Quarterly
May 31, 2022	June 15, 2022	$0.2700	Quarterly
February 28, 2022	March 15, 2022	$0.2700	Quarterly
December 1, 2021	December 15, 2021	$0.2600	Quarterly
September 2, 2021	September 15, 2021	$0.2600	Quarterly
June 1, 2021	June 15, 2021	$0.2600	Quarterly
March 1, 2021	March 15, 2021	$0.2600	Quarterly
December 1, 2020	December 15, 2020	$0.2600	Quarterly
September 1, 2020	September 15, 2020	$0.2600	Quarterly
June 2, 2020	June 15, 2020	$0.2600	Quarterly
March 2, 2020	March 13, 2020	$0.2600	Quarterly
December 2, 2019	December 13, 2019	$0.2600	Quarterly
September 3, 2019	September 13, 2019	$0.2600	Quarterly
June 3, 2019	June 14, 2019	$0.2600	Quarterly
February 28, 2019	March 15, 2019	$0.2600	Quarterly
November 29, 2018	December 14, 2018	$0.2600	Quarterly
August 30, 2018	September 14, 2018	$0.2600	Quarterly
May 31, 2018	June 15, 2018	$0.2500	Quarterly
February 28, 2018	March 15, 2018	$0.2500	Quarterly
November 30, 2017	December 15, 2017	$0.2500	Quarterly
August 30, 2017	September 15, 2017	$0.2500	Quarterly
May 31, 2017	June 15, 2017	$0.2500	Quarterly
February 27, 2017	March 15, 2017	$0.2500	Quarterly

How much would AROW pay you?

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Frequently asked questions

Does AROW pay a dividend?: Yes. Arrow Financial Corporation pays a quarterly dividend, currently yielding 3.81% based on trailing twelve-month payments of $1.49 per share.
How much does AROW pay in dividends?: $1.49 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next AROW ex-dividend date?: The next ex-dividend date on record is November 10, 2026, with payment on November 23, 2026. You must own the shares before the ex-dividend date to receive that payment.