GLENS FALLS, N.Y., April 24, 2019 /PRNewswire/ -- The Board of
Directors of Arrow Financial Corporation
(NasdaqGS® - AROW) on April
24, 2019, declared a quarterly cash dividend of $0.26 per share payable June 14, 2019, to shareholders of record
June 4, 2019. This represents an
increase of 7.1% over the cash dividend paid in the second quarter
of 2018, as a result of the 3% stock dividend, and the 1 cent increase to the quarterly dividend rate,
both occurring in September 2018.
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