Arrow Financial Corp. Declares Quarterly Dividend of $0.25 (AROW)
Arrow Financial Corp. (NASDAQ:AROW) announced a quarterly dividend on Wednesday, January 29th, Stock Ratings Network reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.25 per share on Friday, March 14th. This represents a $1.00 annualized dividend and a dividend yield of 3.97%.
A number of analysts have recently weighed in on AROW shares. Analysts at Zacks downgraded shares of Arrow Financial Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, January 6th. They now have a $29.60 price target on the stock.
Arrow Financial Corp. (NASDAQ:AROW) traded down 0.83% on Wednesday, hitting $25.00. The stock had a trading volume of 33,084 shares. Arrow Financial Corp. has a 52-week low of $22.951 and a 52-week high of $28.00. The stock has a 50-day moving average of $26.15 and a 200-day moving average of $25.98. The company has a market cap of $309.0 million and a price-to-earnings ratio of 14.24.
Arrow Financial Corp. (NASDAQ:AROW) last released its earnings data on Tuesday, January 21st. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.43 by $0.04. On average, analysts predict that Arrow Financial Corp. will post $1.89 earnings per share for the current fiscal year.
Arrow Financial Corporation (NASDAQ:AROW) is a holding company.
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