The board of directors of Arrow Financial
Corp. on Oct. 22 declared a quarterly
cash dividend of $0.25 per share payable Dec.
15 to shareholders of record Dec. 3.
The company said it represents an increase
of 2 percent over the cash dividend
paid in the fourth quarter of 2013, as a result
of the Sept. 29, 2 percent stock dividend. It is
the 21st consecutive year that cash dividends
paid have increased.
Arrow Financial Corp. is a multi-bank
holding company headquartered in Glens
Falls and is the parent of Glens Falls National
Bank and Trust Co. and Saratoga
National Bank and Trust Co.