GLENS FALLS, N.Y., Aug. 28, 2019 /PRNewswire/ -- Thomas J. Murphy, President and CEO, announced
that a 3% stock dividend was declared on August 28, 2019, and will be distributed on
September 27, 2019.
Shareholders of record on September 17,
2019, will receive three additional shares of Arrow Common
Stock for every 100 shares owned. Certificate shareholders will
receive the cash equivalent of any fractional shares to which they
are entitled.
Arrow Financial Corporation (NasdaqGS® - AROW) is a multi-bank
holding company headquartered in Glens
Falls, New York, serving the financial needs of northeastern
New York. The Company is the
parent of Glens Falls National Bank and Trust Company and Saratoga
National Bank and Trust Company. Other subsidiaries include North
Country Investment Advisers, Inc., and Upstate Agency, LLC,
specializing in property and casualty insurance and group health
and employee benefits.
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SOURCE Arrow Financial Corporation