Arrow Financial (AROW) Dividend History & Yield
Arrow Financial (AROW) has increased its dividend for 5 consecutive years and currently yields 3.65%. The most recent payment was $0.3000/share on Feb 11, 2026, paid Quarterly.

AROW
Current Yield
3.65%
TTM Dividend/Share
$1.16
Payment Frequency
Quarterly
Payout Ratio
43.6%
Consecutive Growth Years
5
Div Growth (1Y CAGR)
4.59%
Div Growth (5Y CAGR)
2.46%
Div Growth (10Y CAGR)
2.68%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 43.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($2.19) covers dividend/share ($1.16).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 5 consecutive year(s) of dividend growth.
Dividend Payment History
Ex-date Feb 11, 2026
- Payment date
- Feb 25, 2026
- Dividend
- $0.3000
- Adj. dividend
- $0.3000
Ex-date Nov 12, 2025
- Payment date
- Nov 24, 2025
- Dividend
- $0.2900
- Adj. dividend
- $0.2900
Ex-date Aug 11, 2025
- Payment date
- Aug 25, 2025
- Dividend
- $0.2900
- Adj. dividend
- $0.2900
Ex-date May 13, 2025
- Payment date
- May 23, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Feb 10, 2025
- Payment date
- Feb 24, 2025
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Oct 15, 2024
- Payment date
- Oct 29, 2024
- Dividend
- $0.2800
- Adj. dividend
- $0.2800
Ex-date Aug 12, 2024
- Payment date
- Aug 23, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
Ex-date May 10, 2024
- Payment date
- May 24, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
Ex-date Feb 9, 2024
- Payment date
- Feb 23, 2024
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
Ex-date Nov 30, 2023
- Payment date
- Dec 15, 2023
- Dividend
- $0.2700
- Adj. dividend
- $0.2700
Ex-date Aug 31, 2023
- Payment date
- Sep 15, 2023
- Dividend
- $0.2781
- Adj. dividend
- $0.2700
Ex-date Jun 1, 2023
- Payment date
- Jun 15, 2023
- Dividend
- $0.2781
- Adj. dividend
- $0.2700
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Feb 11, 2026 | Feb 25, 2026 | $0.3000 | $0.3000 |
| Nov 12, 2025 | Nov 24, 2025 | $0.2900 | $0.2900 |
| Aug 11, 2025 | Aug 25, 2025 | $0.2900 | $0.2900 |
| May 13, 2025 | May 23, 2025 | $0.2800 | $0.2800 |
| Feb 10, 2025 | Feb 24, 2025 | $0.2800 | $0.2800 |
| Oct 15, 2024 | Oct 29, 2024 | $0.2800 | $0.2800 |
| Aug 12, 2024 | Aug 23, 2024 | $0.2700 | $0.2700 |
| May 10, 2024 | May 24, 2024 | $0.2700 | $0.2700 |
| Feb 9, 2024 | Feb 23, 2024 | $0.2700 | $0.2700 |
| Nov 30, 2023 | Dec 15, 2023 | $0.2700 | $0.2700 |
| Aug 31, 2023 | Sep 15, 2023 | $0.2781 | $0.2700 |
| Jun 1, 2023 | Jun 15, 2023 | $0.2781 | $0.2700 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Arrow Financial has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 5 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.1400 | — | — |
| 2025 | $1.0900 | $1.1400 | +4.6% |
| 2024 | $1.0800 | $1.0900 | +0.9% |
| 2023 | $1.0564 | $1.0800 | +2.2% |
| 2022 | $1.0097 | $1.0564 | +4.6% |
| 2021 | $1.0097 | $1.0097 | 0.0% |
| 2020 | $0.9877 | $1.0097 | +2.2% |
| 2019 | $0.9406 | $0.9877 | +5.0% |
| 2018 | $0.8952 | $0.9406 | +5.1% |
| 2017 | $0.8885 | $0.8952 | +0.8% |
| 2016 | $0.8754 | $0.8885 | +1.5% |
| 2015 | $0.8583 | $0.8754 | +2.0% |
| 2014 | $0.8414 | $0.8583 | +2.0% |
| 2013 | $0.8249 | $0.8414 | +2.0% |
| 2012 | $0.8029 | $0.8249 | +2.7% |
| 2011 | $0.7795 | $0.8029 | +3.0% |
| 2010 | $0.7568 | $0.7795 | +3.0% |
| 2009 | $0.7361 | $0.7568 | +2.8% |
| 2008 | $0.7054 | $0.7361 | +4.4% |
| 2007 | $0.6848 | $0.7054 | +3.0% |
| 2006 | $0.6511 | $0.6848 | +5.2% |
| 2005 | $0.6119 | $0.6511 | +6.4% |
| 2004 | $0.5579 | $0.6119 | +9.7% |
| 2003 | $0.5047 | $0.5579 | +10.6% |
| 2002 | $0.4414 | $0.5047 | +14.3% |
| 2001 | $0.3874 | $0.4414 | +13.9% |
| 2000 | $0.3516 | $0.3874 | +10.2% |
| 1999 | $0.3951 | $0.3516 | -11.0% |
| 1998 | $0.2752 | $0.3951 | +43.6% |
| 1997 | $0.2226 | $0.2752 | +23.6% |
| 1996 | $0.1769 | $0.2226 | +25.9% |
| 1995 | $0.1296 | $0.1769 | +36.5% |
| 1994 | $0.0335 | $0.1296 | +286.4% |
| 1993 | $0.0290 | $0.0335 | +15.8% |
| 1992 | $0.1150 | $0.0290 | -74.8% |
| 1991 | $0.2135 | $0.1150 | -46.1% |
| 1990 | $0.1952 | $0.2135 | +9.4% |
| 1989 | $0.1769 | $0.1952 | +10.3% |
| 1988 | $0.1662 | $0.1769 | +6.4% |
| 1987 | $1.2420 | $0.1662 | -86.6% |
| 1986 | $1.4203 | $1.2420 | -12.6% |
| 1985 | — | $1.4203 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Arrow Financial pay dividends?
- Yes, Arrow Financial (AROW) pays quarterly dividends of approximately $1.16 per share annually, yielding 3.65%.
What is Arrow Financial's dividend yield?
- Arrow Financial (AROW) has a current dividend yield of 3.65%.
Is Arrow Financial's dividend safe?
- Arrow Financial (AROW) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Arrow Financial increased its dividend?
- Arrow Financial (AROW) has 5 consecutive years of dividend increases.
What is Arrow Financial's dividend payout ratio?
- Arrow Financial (AROW) has a dividend payout ratio of 43.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
Explore more
AROW — Overview
Company profile, financial tools, and key metrics
AROW — Buybacks
Repurchase history, shareholder yield, and SBC vs buybacks
AROW — Dividend Calculator
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AROW — Dividend Forecast
Project future income with DRIP and growth rates
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