SmarterDividends
AROW

Arrow Financial Corporation

AROW32 yrs growth

Financial Services · Stock · quarterly payer

Forward Yield

3.25%

Annual Dividend

$1.20

Payout Ratio

38%

5-Yr Growth

2.5%

Ex-Date

May 12, 2026

Frequency

Quarterly

AROW Dividend Safety Score

98/ 100
Grade A

Very Safe

Dividend-growth streak31 consecutive years of growth
Cut historyCut its dividend in 1994
Earnings payout coverage38% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is AROW a good dividend stock?

Yes

Arrow Financial Corporation (AROW) pays a quarterly dividend yielding 3.25% ($1.20/yr), with 32 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 32 consecutive years of growth
  • Comfortable payout ratio (38%)
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 1994

Key Data

Dividend Yield
3.25%
Payout Ratio
38%
Annual Dividend
$1.20
5-Yr Avg Growth
2.5%
Ex-Dividend Date
May 12, 2026
Years of Growth
32
Frequency
quarterly
Beta
0.76
Market Cap
$610.1M
P/E Ratio
11.9
5-Yr Total Return
6%
52-Week Range
$24.57 – $38.09
Dividend Safety
A · 98/100
Ever Cut?
Yes (1994)
AROW ex-dividend date & scheduleNext ex-date May 12, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.20 / yr per share

Per payment (quarterly)$30.00
Annual$120.00
Monthly avg$10.00