Kirk DeBaun

Arrow Financial: Safety With A 4% Dividend Yield

Summary

If it's growth you're looking for, then Arrow Financial Corporation (NASDAQ:AROW) is not for you. However, if you're looking for a relatively safe investment that will provide a stable dividend stream, then AROW may be the solution.

Operations

Arrow Financial Corporation, a New York corporation, was incorporated on March 21, 1983 and is registered as a bank holding company within the meaning of the Bank Holding Company Act of 1956. Arrow owns (directly or indirectly) two nationally chartered banks in New York (Glens Falls National and Saratoga National), a health and life insurance agency (Capital Financial Group, Inc.), a property and casualty insurance agency (Loomis and Lapann, Inc.), a registered investment adviser that advises our proprietary mutual...

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