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Arrow Financial Corp (AROW) Reports 2% Dividend

August 27, 2014 1:54 PM EDT

Arrow Financial Corp's (NASDAQ: AROW) Thomas J. Murphy, President and CEO, announced that a 2% stock dividend was declared on August 27, 2014 and will be distributed on September 29, 2014.

Shareholders of record on September 19, 2014, will receive two additional shares of Arrow Common Stock for every one hundred shares owned. They will also receive the cash equivalent of any fractional shares which they are entitled, since no partial shares will be issued.



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