The Board of Directors of Arrow Financial Corporation<\/b> (NasdaqGS\u00ae – AROW) on October 2, declared a quarterly cash dividend of $0.28 per share payable October 29, 2024 to shareholders of record on October 15, 2024. This represents a 3.7% increase to our quarterly dividend and is in lieu of the 3% stock dividend the Company has declared in recent years. This cash dividend marks the 46th consecutive quarterly cash dividend declared by Arrow.<\/p>\n
\u201cWe are pleased to deliver enhanced value to our shareholders with the increased cash dividend,\u201d said Arrow President and CEO David S. DeMarco. \u201cSo far this year, we have returned more than $6.4 million of capital to shareholders through share repurchases, in addition to the regular quarterly 2024 cash dividends of $13.6 million paid to date. Our continued success allows us to offer increased returns to our shareholders.\u201d<\/p>\n
* \u00a0 \u00a0 <\/span>* \u00a0 \u00a0 <\/span>*<\/p>\n Saratoga Hospital<\/b> has replaced its CT scanner in the Emergency Department with a state-of-the-art Siemens X. Cite model, thanks to the generosity of key community donors. The Saratoga Hospital Volunteer Guild and The Robert and Lisa Moser Family Foundation contributed the lead gifts to the project, as well as generous support from Bill and Susan Dake, Mike and Linda Toohey, and Millennium Medical Imaging.\u00a0<\/span><\/p>\n <\/span><\/span><\/b><\/span><\/span>Each of the donors have a longstanding history of supporting Saratoga Hospital. Members of the Volunteer Guild perform a vital role within the Hospital, with more than 200 volunteers providing upwards of 60,000 hours of services annually in hospital locations. Lisa Moser previously served on the Saratoga Hospital Foundation Board and currently sits on the Albany Med Health System Board. The Dake family has supported Saratoga Hospital for over five decades, with Bill and Susan Dake both serving on the Hospital Board of Trustees. Mike and Linda Toohey have consistently supported hospital programs and initiatives, and Millennium Medical Imaging, Saratoga Hospital\u2019s medical imaging provider, contributed through a philanthropic partnership.<\/p>\n \u00a0<\/span>The Siemens X. Cite CT scanner offers advanced imaging capabilities that will enable quicker, more precise diagnoses, significantly enhancing the hospital\u2019s ability to provide timely care.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" The Board of Directors of Arrow Financial Corporation (NasdaqGS\u00ae – AROW) on October 2, declared a quarterly cash dividend of $0.28 per share payable October 29, 2024 to shareholders of record on October 15, 2024. This represents a 3.7% increase to our quarterly dividend and is in lieu of the 3% stock dividend the Company […]<\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-40136","post","type-post","status-publish","format-standard","hentry","category-business-briefs"],"yoast_head":"\r\n