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Arrow Financial (Arrow Financial) 3-Year Dividend Growth Rate : 4.30% (As of Dec. 2023)


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What is Arrow Financial 3-Year Dividend Growth Rate?

Arrow Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.27.

The historical rank and industry rank for Arrow Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

AROW' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2   Med: 4.4   Max: 90
Current: 4.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Arrow Financial was 90.00% per year. The lowest was 2.00% per year. And the median was 4.40% per year.

AROW's 3-Year Dividend Growth Rate is ranked worse than
65.73% of 779 companies
in the Banks industry
Industry Median: 7.5 vs AROW: 4.30

During the past 12 months, Arrow Financial's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Arrow Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.59. As of today, Arrow Financial's Dividend Yield % is 4.68%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Arrow Financial's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Arrow Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arrow Financial's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arrow Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Arrow Financial's 3-Year Dividend Growth Rate falls into.



Arrow Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Arrow Financial  (NAS:AROW) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Arrow Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.27/ 0.46
=0.59

During the past 13 years, the highest Dividend Payout Ratio of Arrow Financial was 0.60. The lowest was 0.32. And the median was 0.44.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Arrow Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2702024-02-092024-02-122024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.2702023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2622023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2622023-06-012023-06-022023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Arrow Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.064/22.67
=4.69 %

Current Share Price is $22.67.
Arrow Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.064.

During the past 13 years, the highest Dividend Yield of Arrow Financial was 6.18%. The lowest was 2.34%. And the median was 3.29%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Arrow Financial 3-Year Dividend Growth Rate Related Terms>


Arrow Financial (Arrow Financial) Business Description

Traded in Other Exchanges
Address
250 Glen Street, Glens Falls, NY, USA, 12801
Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.
Executives
Andrew J Wise officer: SVP, Chief Operating Officer 250 GLEN STREET, GLENS FALLS NY 12801
David D Kaiser officer: SVP AMETHYST DRIVE, QUEENSBURY NY 12804
Read Colin L director 81 BLAIR ROAD, PLATTSBURGH NY 12901
William L Owens director 42 BLUE HERRON WAY, PLATTSBURGH NY 12901
Elizabeth Miller director 250 GLEN STREET, GLENS FALLS NY 12801
Gary C Dake director 514 LOCUST GROVE ROAD, GREENFIELD CENTER NY 12833
Mark Behan director 250 GLEN STREET, GLENS FALLS NY 12801
Penko Krassimir Ivanov officer: EVP, Treasurer and CFO C/O ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
David S. Demarco officer: Senior Vice President 7 INGERSOL ROAD, SARATOGA SPRINGS NY 12866
Raymond F O'conor officer: Senior Vice President 7 ROLLING GREEN DRIVE, WILTON NY 12831
Gregory J Champion director 250 GLEN STREET, GLENS FALLS NY 12801
Thomas L Hoy director ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
Reisman Richard J Dmd director 9 ST. ANDREWS DRIVE, QUEENSBURY NY 12804
Edward J Campanella officer: SVP, Treasurer & CFO 42 MAXWELL ROAD, LATHAM NY 12110
Michael B Clarke director 58 CHRISTIANA COURT, LAKE GEORGE NY 12845

Arrow Financial (Arrow Financial) Headlines

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