Arrow Financial (AROW) Declares $0.26 Quarterly Dividend; Approves $5M Buyback Plan

Arrow Financial (NASDAQ: AROW) declared a quarterly dividend of $0.26 per share, or $1.04 annualized. The dividend will be payable on March 15, 2021, to stockholders of record on March 2, 2021, with an ex-dividend date of March 1, 2021. The annual yield on the dividend is 3.4 percent.

The Board also approved a new stock repurchase program authorizing the repurchase, at the discretion of senior management, of up to $5 million of the Company's common stock for the period January 27, 2021, through December 31, 2021, in open market or negotiated transactions. This new repurchase program replaces all prior authorizations.

For a dividend history and other dividend-related data on Arrow Financial (AROW) click here.

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