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Stock impact report

Do These 3 Checks Before Buying Arrow Financial Corporation (NASDAQ:AROW) For Its Upcoming Dividend [Yahoo! Finance]

Arrow Financial Corporation (AROW) 
Last arrow financial corporation earnings: 4/24 07:32 am Check Earnings Report
Company Research Source: Yahoo! Finance
Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Therefore, if you purchase Arrow Financial's shares on or after the 10th of May, you won't be eligible to receive the dividend, when it is paid on the 24th of May. The company's upcoming dividend is US$0.27 a share, following on from the last 12 months, when the company distributed a total of US$1.08 per share to shareholders. Looking at the last 12 months of distributions, Arrow Financial has a trailing yield of approximately 4.6% on its current stock price of US$23.66. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! We need to see whether the dividend is covered by earnings and if i Show less Read more
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