AROW – Dividend Returns, History & Calculator

Dividend Champion 32 Years

Arrow Financial Corporation, a bank holding company, provides various commercial and consumer banking, and financial products and services in the Unites States. The company's deposit products include demand deposits, interest-bearing checking accounts, savings

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Company Info

Symbol AROW
Company Arrow Financial Corporation
Sector Financial Services
Industry Banks - Regional
Website Visit
Market Cap $499.3M

Price Data

Price $30.32
Price Change +1.05
Price Change % +3.59%
Next Earnings Report Jan 29, 2026
Low (52W) $22.72
High (52W) $34.47

Dividend Data

Div Yield 3.83%
5Y Avg Yield 4.22%
Current Div $0.290
Payouts/Year 4
Annualized $1.160
Previous Div $0.290
Ex-date Nov 12, 2025
Dividend Pay Date Nov 24, 2025

Growth Rates

Chowder Number 6.3
DGR 1Y -16.2%
DGR 3Y 3.1%
DGR 5Y 2.5%
DGR 10Y 2.7%

Total Returns

TTR 1Y - With Specials -2.0%
TTR 3Y - With Specials 0.8%
TTR 1Y - No Specials -2.0%
TTR 3Y - No Specials 0.8%

Fair Value

Fair Value (P/E 10) $29.52
FV (P/E 10) % 3.0%
Fair Value (Peter Lynch) $51.50
FV (Peter Lynch) % -41.0%
Fair Value (Blended) $39.12
FV (Blended) % -23.0%

Financial Metrics

Revenue 1Y 7.1%
NPM 21.6%
CF/Share $2.49
ROE 8.5%
Debt/Capital 7.0%
ROTC 7.8%
P/E 14.7x
P/BV 1.2x
PEG 0.57
📊 Financial data last updated: November 24, 2025 12:20 pm

Calculate your AROW Dividend Returns

Quickly and easily calculate AROW dividend yield using our AROW calculator. Adjust the fields below to see how your AROW investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: November 27, 2025 10:45 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000328$30.49$0.293.80%3.80%$415$415381$11,615
2$11,842381$31.09$0.303.83%3.91%$489$904435$13,532
3$13,797435$31.70$0.313.86%4.01%$570$1,474491$15,566
4$15,871491$32.32$0.313.89%4.12%$656$2,129549$17,727
5$18,074549$32.95$0.323.92%4.23%$748$2,877608$20,022
6$20,415608$33.60$0.333.95%4.35%$847$3,725669$22,462
7$22,902669$34.25$0.343.97%4.46%$954$4,679731$25,056
8$25,547731$34.93$0.354.00%4.59%$1,068$5,747796$27,815
9$28,360796$35.61$0.364.03%4.71%$1,191$6,938864$30,752
10$31,354864$36.31$0.374.06%4.84%$1,324$8,262933$33,878

AROW Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
11/12/202511/12/2025$0.2903.73%3.79%$30.60
08/11/202508/11/2025$0.2904.11%4.22%$27.51
05/13/202505/13/2025$0.2804.17%4.21%$26.59
02/10/202502/10/2025$0.2804.14%4.22%$26.54
10/15/202410/15/2024$0.2803.73%3.84%$29.19
08/12/202408/12/2024$0.2703.93%3.93%$27.49
05/10/202405/10/2024$0.2704.55%4.55%$23.74
02/09/202402/09/2024$0.2704.44%4.44%$24.30
11/30/202311/30/2023$0.2704.38%4.38%$24.65
08/31/202308/31/2023$0.2706.13%6.13%$17.61
06/01/202306/01/2023$0.2705.89%5.93%$18.20
03/02/202303/02/2023$0.2703.60%3.66%$29.54
11/30/202211/30/2022$0.2703.00%3.07%$35.17
08/31/202208/31/2022$0.2623.33%3.36%$31.17
05/31/202205/31/2022$0.2623.20%3.26%$32.17
02/28/202202/28/2022$0.2623.06%3.14%$33.35
12/01/202112/01/2021$0.2523.04%3.04%$33.26
09/02/202109/02/2021$0.2522.81%2.81%$35.94
06/01/202106/01/2021$0.2522.81%2.81%$35.92
03/01/202103/01/2021$0.2523.24%3.24%$31.12
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Invest in AROW with Interactive Brokers

AROW 10-yr Total Return ($10,000 invested)

This analysis of AROW demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 5.7% CAGR, representing moderate long-term performance. The DRIP strategy provided 21% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (AROW)

Over the selected period, investing $10,000 in AROW would grow to $26,331 with DRIP (163.3%), and $22,928 without DRIP (129.3%).

AROW Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in AROW with historic price growth (1.96%) and dividend growth (2.70%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $79,788

Annual Dividend: $3,510

Yield on Cost: 10.32%

Total Dividends: $31,138

No DRIP

Portfolio: $65,504

Total Dividends: $21,416

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $168,504

Annual Dividend: $7,971

Yield on Cost: 17.33%

Total Dividends: $84,770

No DRIP

Portfolio: $113,122

Total Dividends: $46,338

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $13,050 against a total investment of $25,600. At this point, your portfolio is throwing off $1,882 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,708, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $31,138 versus $34,000 invested, nearly a 92% recovery of capital purely from income. Yield on cost reaches 10.32%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $5,320 is greater than total contributions to date ($40,000), and cumulative dividends exceed $52,553.

By year 30, the DRIP snowball is in full force. Yearly income reaches $7,971, cumulative dividends total $84,770, and the DRIP portfolio value stands at $168,504, compared with $113,122 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for AROW, price $30.49, dividend per period $0.29 (4x/year), along with historic growth assumptions: price growth 1.96% and dividend growth 2.70% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for AROW

Based on past 10-year performance, here are AROW growth metrics:

Share price CAGR of +8.42%
Dividend CAGR of +2.73%

Using AROW CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

AROW (DRIP)AROW (No DRIP)
Current Price$29.19$29.19
Start Shares342.58342.58
Start Value$10,000$10,000
After 10 years:
Final Share Count459.91342.58
Dividends Payment$1.52$1.52
Annual Dividends$682$520
Yield on cost6.82%5.20%
Share Price$65.49$65.49
Total Dividends$5,400$4,622
Final Value$30,119$27,057

Estimated Future Value + Dividends – AROW

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

AROW Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
11/12/202511/12/2025$0.2903.73%3.79%$30.60
08/11/202508/11/2025$0.2904.11%4.22%$27.51
05/13/202505/13/2025$0.2804.17%4.21%$26.59
02/10/202502/10/2025$0.2804.14%4.22%$26.54
10/15/202410/15/2024$0.2803.73%3.84%$29.19
08/12/202408/12/2024$0.2703.93%3.93%$27.49
05/10/202405/10/2024$0.2704.55%4.55%$23.74
02/09/202402/09/2024$0.2704.44%4.44%$24.30
11/30/202311/30/2023$0.2704.38%4.38%$24.65
08/31/202308/31/2023$0.2706.13%6.13%$17.61
06/01/202306/01/2023$0.2705.89%5.93%$18.20
03/02/202303/02/2023$0.2703.60%3.66%$29.54
11/30/202211/30/2022$0.2703.00%3.07%$35.17
08/31/202208/31/2022$0.2623.33%3.36%$31.17
05/31/202205/31/2022$0.2623.20%3.26%$32.17
02/28/202202/28/2022$0.2623.06%3.14%$33.35
12/01/202112/01/2021$0.2523.04%3.04%$33.26
09/02/202109/02/2021$0.2522.81%2.81%$35.94
06/01/202106/01/2021$0.2522.81%2.81%$35.92
03/01/202103/01/2021$0.2523.24%3.24%$31.12
12/01/202012/01/2020$0.2523.47%3.47%$29.13
09/01/202009/01/2020$0.2523.68%3.68%$27.46
06/02/202006/02/2020$0.2523.63%3.66%$27.61
03/02/202003/02/2020$0.2523.09%3.13%$32.21
12/02/201912/02/2019$0.2522.87%2.94%$34.36
09/03/201909/03/2019$0.2453.27%3.27%$29.99
06/03/201906/03/2019$0.2453.18%3.21%$30.57
02/28/201902/28/2019$0.2452.87%2.94%$33.39
11/29/201811/29/2018$0.2452.84%2.96%$33.11
08/30/201808/30/2018$0.2382.61%2.68%$35.46
05/31/201805/31/2018$0.2292.65%2.67%$34.23
02/28/201802/28/2018$0.2293.06%3.10%$29.51
11/30/201711/30/2017$0.2292.66%2.72%$33.68
08/30/201708/30/2017$0.2223.13%3.13%$28.39
05/31/201705/31/2017$0.2223.16%3.16%$28.12
02/27/201702/27/2017$0.2222.81%2.81%$31.63
11/30/201611/30/2016$0.2222.64%2.64%$33.63
08/31/201608/31/2016$0.2223.08%3.08%$28.80
06/01/201606/01/2016$0.2223.44%3.46%$25.70
03/01/201603/01/2016$0.2223.75%3.79%$23.44
12/01/201512/01/2015$0.2223.46%3.51%$25.33
09/01/201509/01/2015$0.2183.74%3.74%$23.27
06/01/201506/01/2015$0.2183.85%3.86%$22.54
02/27/201502/27/2015$0.2183.71%3.75%$23.26
12/01/201412/01/2014$0.2183.87%3.93%$22.18
08/28/201408/28/2014$0.2143.76%3.76%$22.70
05/29/201405/29/2014$0.2143.82%3.84%$22.24
02/27/201402/27/2014$0.2143.80%3.84%$22.25
12/02/201312/02/2013$0.2143.65%3.71%$23.04
08/29/201308/29/2013$0.2093.87%3.87%$21.63
05/30/201305/30/2013$0.2093.99%4.01%$20.90
02/27/201302/27/2013$0.2094.07%4.11%$20.36
11/29/201211/29/2012$0.2094.01%4.07%$20.59
08/30/201208/30/2012$0.2054.09%4.09%$20.06
05/30/201205/30/2012$0.2054.21%4.24%$19.34
02/29/201202/29/2012$0.2054.10%4.16%$19.75
11/30/201111/30/2011$0.2054.13%4.23%$19.42
08/31/201108/31/2011$0.1994.22%4.22%$18.89
06/01/201106/01/2011$0.1994.22%4.25%$18.74
03/01/201103/01/2011$0.1994.06%4.12%$19.33
12/01/201012/01/2010$0.1993.51%3.59%$22.19
08/31/201008/31/2010$0.1934.39%4.39%$17.64
06/01/201006/01/2010$0.1934.03%4.06%$19.04
03/01/201003/01/2010$0.1933.84%3.89%$19.87
12/01/200912/01/2009$0.1933.82%3.90%$19.81
09/01/200909/01/2009$0.1883.84%3.84%$19.58
06/01/200906/01/2009$0.1883.81%3.81%$19.70
02/27/200902/27/2009$0.1884.20%4.24%$17.70
12/01/200812/01/2008$0.1884.11%4.20%$17.90
09/02/200809/02/2008$0.1883.84%3.96%$18.97
05/29/200805/29/2008$0.1804.22%4.25%$16.98
02/28/200802/28/2008$0.1804.36%4.43%$16.29
11/30/200711/30/2007$0.1804.37%4.47%$16.14
08/30/200708/30/2007$0.1754.28%4.28%$16.36
06/01/200706/01/2007$0.1754.24%4.27%$16.39
02/27/200702/27/2007$0.1754.19%4.25%$16.47
12/01/200612/01/2006$0.1753.98%4.06%$17.23
08/31/200608/31/2006$0.1703.56%3.56%$19.10
06/01/200606/01/2006$0.1703.69%3.72%$18.29
02/28/200602/28/2006$0.1703.49%3.58%$18.98
12/05/200512/05/2005$0.1703.26%3.40%$19.99
09/02/200509/02/2005$0.1653.26%3.36%$19.63
06/03/200506/03/2005$0.1583.28%3.30%$19.14
02/24/200502/24/2005$0.1583.24%3.29%$19.21
11/26/200411/26/2004$0.1582.80%2.89%$21.89
08/27/200408/27/2004$0.1543.04%3.11%$19.76
05/26/200405/26/2004$0.1542.88%3.01%$20.37
02/25/200402/25/2004$0.1472.83%2.91%$20.20
11/25/200311/25/2003$0.1473.01%3.16%$18.56
08/27/200308/27/2003$0.1393.19%3.25%$17.07
05/28/200305/28/2003$0.1393.05%3.18%$17.49
02/26/200302/26/2003$0.1343.37%3.45%$15.47
11/26/200211/26/2002$0.1343.09%3.27%$16.34
08/28/200208/28/2002$0.1273.02%3.15%$16.15
05/29/200205/29/2002$0.1273.14%3.38%$15.06
02/27/200202/27/2002$0.1173.07%3.15%$14.85
11/28/200111/28/2001$0.1173.02%3.20%$14.63
08/29/200108/29/2001$0.1113.26%3.40%$13.09
05/30/200105/30/2001$0.1113.41%3.69%$12.06
02/27/200102/27/2001$0.1023.76%3.85%$10.56
11/29/200011/29/2000$0.1024.85%5.09%$7.99
08/30/200008/30/2000$0.0974.91%5.04%$7.69
05/30/200005/30/2000$0.0975.27%5.52%$7.02
02/28/200002/28/2000$0.0924.05%4.16%$8.84
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Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.

AROW Price

Price to Earnings

AROW trades at a 38.1x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

AROW trades at a 11.4x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

AROW generated $0.0B in revenue. Revenue has grown by 20% over the period.

Net Income

AROW reported $0.0B in net income.

Revenue vs Net Income

AROW generated $0.0B in revenue with net income of $0.0B, representing a 29.9% net profit margin.

Gross Profit

AROW achieved $0.0B in gross profit, showing revenue after direct production costs.

Operating Income

AROW generated $0.0B in operating income, representing profit from core business operations.

EBITDA

AROW generated $0.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

AROW generated $0.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

AROW generated $0.0B in free cash flow.

Free Cash Flow / Share

AROW generates $0.81 in free cash flow per share.

Earnings Per Share (EPS)

AROW reported $0.78 in earnings per share.

Return on Equity (ROE)

AROW delivered a 24.9% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

AROW achieved a 15.0% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

AROW maintains a 29.9% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

AROW operates with a 82.4% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

AROW holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.

Shares Outstanding

AROW has 0.0B shares outstanding.

Stock-Based Comp

AROW reported $0.0B in stock-based compensation. Over the period, stock-based compensation has increased by 20%.

FCF vs Stock Based Comp

AROW generated $0.0B in free cash flow while spending $0.0B on stock-based compensation, representing 8% of FCF.

FCF vs FCF / Share

AROW reported $0.0B in free cash flow, translating to $0.81 per share.

Revenue: Actual + Estimates

This chart tracks AROW revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks AROW eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks AROW net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks AROW ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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