Karat Packaging Board Increases Quarterly Cash Dividend

Rhea-AI Summary

Karat Packaging (Nasdaq: KRT) announced that its board of directors declared a quarterly cash dividend of $0.47 per share on its common stock, representing an increase of $0.02 per share or 4.4%. The dividend is payable on or about August 28, 2026 to shareholders of record as of August 21, 2026.

Positive

• Quarterly dividend raised to $0.47 per share, up 4.4%
• Dividend payment date set on or about August 28, 2026

Negative

• Higher dividend increases quarterly cash outflow by $0.02 per share

Market Reaction – KRT

+3.36% $42.47

15m delay

+3.36% Vs previous close

$42.47 Last Price

$41.08 $42.76 Day Range

$841.45M Market Cap

0.1x Rel. Volume

Following this news, KRT has gained 3.36%, reflecting a moderate positive market reaction. The stock is currently trading at $42.47.

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CHINO, Calif., Aug. 05, 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 quarterly dividend of $0.47 per share on the Company’s common stock, an increase of $0.02 per share or 4.4 percent. The dividend is payable on or about August 28, 2026, to the stockholders of record as of August 21, 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 August 5, 2026?

Karat Packaging declared a quarterly cash dividend of $0.47 per share on its common stock. According to Karat Packaging, this represents an increase of $0.02 per share, or 4.4 percent, compared with the prior quarterly dividend.

When is the Karat Packaging (KRT) August 2026 dividend payable?

The Karat Packaging dividend is payable on or about August 28, 2026. According to Karat Packaging, shareholders must be on record by August 21, 2026 to receive the $0.47 per share quarterly cash dividend.

What is the record date for Karat Packaging’s $0.47 dividend (KRT)?

The record date for Karat Packaging’s $0.47 quarterly dividend is August 21, 2026. According to Karat Packaging, only stockholders of record on that date will be eligible to receive the cash dividend around August 28, 2026.

How much did Karat Packaging (KRT) increase its quarterly dividend by?

Karat Packaging increased its quarterly dividend by $0.02 per share, or 4.4 percent. According to Karat Packaging, the dividend rose from its prior level to $0.47 per share on the company’s common stock starting with the August 2026 payment.

What does the new $0.47 quarterly dividend mean for Karat Packaging (KRT) shareholders?

The new $0.47 quarterly dividend provides shareholders with a 4.4% higher cash payout per share. According to Karat Packaging, this increase of $0.02 per share enhances immediate income for investors holding the company’s common stock as of the August 21, 2026 record date.