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| Cash Dividend On The Way From Arrow Financial (AROW)By Dividend Channel Staff, Wednesday, February 7, 10:05 AM ET
On 2/9/24, Arrow Financial Corp. (NASDAQ:AROW) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 2/23/24. As a percentage of AROW's recent stock price of $23.85, this dividend works out to approximately 1.13%, so look for shares of Arrow Financial Corp. to trade 1.13% lower — all else being equal — when AROW shares open for trading on 2/9/24. Below is a dividend history chart for AROW, showing historical dividends prior to the most recent $0.27 declared by Arrow Financial Corp.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AROW is likely to continue, and whether the current estimated yield of 4.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AROW shares, versus its 200 day moving average:
Looking at the chart above, AROW's low point in its 52 week range is $16.3835 per share, with $30.6311 as the 52 week high point — that compares with a last trade of $23.60. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Wednesday trading, Arrow Financial Corp. shares are currently up about 0.3% on the day.
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