Karat Packaging Board Declares Quarterly Cash Dividend
Rhea-AI Summary
Karat Packaging (NASDAQ: KRT), a specialty distributor and manufacturer of disposable foodservice products, has announced a quarterly dividend payment. The company's board of directors has approved a regular quarterly dividend of $0.45 per share on its common stock. The dividend will be paid on August 27, 2025, to stockholders of record as of August 20, 2025.
Positive
- Regular quarterly dividend of $0.45 per share demonstrates commitment to shareholder returns
- Consistent dividend payment indicates financial stability
Negative
- None.
News Market Reaction
On the day this news was published, KRT gained 1.20%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHINO, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved a regular quarterly dividend of
The dividend is payable on or about August 27, 2025, to the stockholders of record as of August 20, 2025.
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
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