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

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Arrow Declares March Cash Dividend and Approves Stock Repurchase Program

January 28, 2021 11:38 AM EST

GLENS FALLS, N.Y., Jan. 28, 2021 /PRNewswire/ -- The Board of Directors of Arrow Financial Corporation (NasdaqGS® - AROW) on January 27, 2021, declared a quarterly cash dividend of $0.26 per share payable March 15, 2021, to shareholders of record March 2, 2021. This represents an increase of 3% over the cash dividend paid in the first quarter of 2020, as a result of the 3% stock dividend distributed September 25, 2020.

The Board also approved a new stock repurchase program authorizing the repurchase, at the discretion of... More