Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Arrow Financial (AROW) — Dividend Profile
Finance·Major Banks
11y payment streak1y growth streakActiveQuarterly
Forward Yield
3.41%
@ $35.19
TTM Yield
3.35%
Forward Annual
$1.20
Quarterly
Market Cap
$0.6b
Payout (FCF)
48%
2.1x covered
Payout (Earnings)
43%
Latest Amount
$0.3000
Ex 2026-05-12
3y CAGR
-18.4%
5y CAGR
-11.9%
10y CAGR
-2.2%
Next Ex-Date
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WarningYield Trap: Green2 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Distress (1.47)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (85.8%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
7/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
No coverage
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
No coverage
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +19.1%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 25 settled events.
Median Ex-Date Drop
-0.70%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
92%
23 of 25 events recovered within 90 days
Median Recovery Time
1 days
1 – 6 days IQR
Avg Capture Yield
1.00%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (41)
Ex-DateAmountFrequencyPay DateType
2026-05-12$0.3000Quarterly2026-05-26recurring
2026-02-11$0.3000Quarterly2026-02-25recurring
2025-11-12$0.2900Quarterly2025-11-24recurring
2025-08-11$0.2900Quarterly2025-08-25recurring
2025-05-13$0.2800Quarterly2025-05-23recurring
2025-02-10$0.2800Quarterly2025-02-24recurring
2024-10-15$0.2800Quarterly2024-10-29recurring
2024-08-12$0.2700Quarterly2024-08-23recurring
2024-05-10$0.2700Quarterly2024-05-24recurring
2024-02-09$0.2700Quarterly2024-02-23recurring
2023-11-30$0.2700Quarterly2023-12-15recurring
2023-08-31$0.2700Quarterly2023-09-15recurring
2023-06-01$0.2700Quarterly2023-06-15recurring
2023-03-02$0.2700Quarterly2023-03-15recurring
2022-11-30$0.2700Quarterly2022-12-15recurring
2022-08-31$0.2700Quarterly2022-09-15recurring
2022-05-31$0.2700Quarterly2022-06-15recurring
2022-02-28$0.2700Quarterly2022-03-15recurring
2021-12-01$0.2600Quarterly2021-12-15recurring
2021-09-02$0.2600Quarterly2021-09-15recurring
2021-06-01$0.2600Quarterly2021-06-15recurring
2021-03-01$0.2600Quarterly2021-03-15recurring
2020-12-01$0.2600Quarterly2020-12-15recurring
2020-09-01$0.2600Quarterly2020-09-15recurring
2020-06-02$0.2600Quarterly2020-06-15recurring
2020-03-02$0.2600Quarterly2020-03-13recurring
2019-12-02$0.2600Quarterly2019-12-13recurring
2019-09-03$0.2600Quarterly2019-09-13recurring
2019-06-03$0.2600Quarterly2019-06-14recurring
2019-02-28$0.2600Quarterly2019-03-15recurring
2018-11-29$0.2600Quarterly2018-12-14recurring
2018-08-30$0.2600Quarterly2018-09-14recurring
2018-05-31$0.2500Quarterly2018-06-15recurring
2018-02-28$0.2500Quarterly2018-03-15recurring
2017-11-30$0.2500Quarterly2017-12-15recurring
2017-08-30$0.2500Quarterly2017-09-15recurring
2017-05-31$0.2500Quarterly2017-06-15recurring
2017-02-27$0.2500Quarterly2017-03-15recurring
2016-11-30$0.2500Quarterly2016-12-15recurring
2016-08-31$0.2500Quarterly2016-09-15recurring
2016-06-01$0.2500Quarterly2016-06-15recurring