Arrow Declares Increased March 2022 Cash Dividend
Arrow Financial Corporation (AROW) declared a quarterly cash dividend of $0.27 per share, payable on March 15, 2022, to shareholders of record on March 1, 2022. This marks a 1 cent increase from the December 2021 dividend and a 3.8% increase compared to the fourth quarter of 2021, reflecting the company's confidence in financial stability. Arrow Financial Corporation operates in northeastern New York through its subsidiaries, serving diverse banking and insurance needs.
- Quarterly cash dividend increased to $0.27, signaling confidence in financial health.
- 3.8% increase in dividend demonstrates consistent growth.
- Strong position in northeastern New York's banking sector enhances market stability.
- None.
GLENS FALLS, N.Y., Jan. 27, 2022 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on January 26, 2022, declared a quarterly cash dividend of
This represents a 1 cent increase over the December 2021 cash dividend paid to shareholders and is a
Arrow Financial Corporation (NasdaqGS® - AROW) is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. The Company is the parent of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. Other subsidiaries include North Country Investment Advisers, Inc., and Upstate Agency, LLC, specializing in property and casualty insurance and group health and employee benefits.
The information contained in this news release may contain statements that are not historical in nature but rather are based on management's beliefs, assumptions, expectations, estimates and projections about the future. These statements may be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, involving a degree of uncertainty and attendant risk. In the case of all forward-looking statements, actual outcomes and results may differ materially from what the statements predict or forecast, explicitly or by implication. The Company undertakes no obligation to revise or update these forward-looking statements to reflect the occurrence of unanticipated events. This News Release should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2020 and our other filings with the Securities and Exchange Commission.
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SOURCE Arrow Financial Corporation
