Karat Packaging Board Declares Quarterly Cash Dividend

Rhea-AI Summary

Karat Packaging (NASDAQ: KRT) declared a regular quarterly cash dividend of $0.45 per share. The dividend is payable on or about February 27, 2026 to shareholders of record as of February 20, 2026. This provides a near-term cash return to common shareholders.

Positive

• Declared regular quarterly dividend of $0.45 per share
• Dividend payable on or about February 27, 2026 with record date February 20, 2026

Negative

• Quarterly cash dividend represents a near-term cash outflow for the company on February 27, 2026

CHINO, Calif., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat Packaging”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has declared a regular quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable on or about February 27, 2026, to the stockholders of record as of February 20, 2026.

About Karat Packaging Inc.

Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The Company’s eco-friendly Karat Earth® line offers quality, sustainably focused products that are made from renewable resources. Karat Packaging also offers customized solutions, including new product development and design, printing, and logistics services. To learn more about Karat Packaging, please visit the Company’s website at www.karatpackaging.com.

Investor Relations and Media Contacts:
PondelWilkinson Inc.
Judy Lin or Roger Pondel
310-279-5980
IR@karatpackaging.com

FAQ

What dividend did Karat Packaging (KRT) declare on February 6, 2026?

The company declared a regular quarterly cash dividend of $0.45 per share. According to the company, the dividend was announced February 6, 2026, with payment set for on or about February 27, 2026 and record date February 20, 2026.

When will Karat Packaging (KRT) shareholders receive the $0.45 dividend?

The dividend is payable on or about February 27, 2026. According to the company, shareholders of record as of February 20, 2026 will be eligible to receive the cash payment around that date.

What is the record date for Karat Packaging's (KRT) February 2026 dividend?

The record date is February 20, 2026, determining eligible shareholders. According to the company, only holders recorded by that date will receive the dividend payable on or about February 27, 2026.

How does Karat Packaging's (KRT) $0.45 dividend affect shareholders?

Shareholders of record by February 20, 2026 will receive a cash dividend of $0.45 per share on or about February 27, 2026. According to the company, this provides a direct cash return to common stockholders for the quarter.

Does Karat Packaging (KRT) specify whether the $0.45 dividend is recurring?

The company described the payment as a regular quarterly dividend of $0.45 per share. According to the company, this indicates a recurring quarterly cash distribution for the period announced on February 6, 2026.