Karat Packaging (NASDAQ: KRT) boosts dividend to $0.47 per share
Rhea-AI Filing Summary
Karat Packaging Inc. reported that its board of directors increased the regular quarterly cash dividend on its common stock to $0.47 per share. The dividend will be paid on or about August 28, 2026 to stockholders of record at the close of business on August 21, 2026.
The accompanying press communication notes this represents an increase of $0.02 per share, or 4.4 percent, compared with the prior quarterly dividend level. The company describes itself as a specialty distributor and manufacturer of disposable foodservice products in the United States.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly cash dividend per share: $0.47 per share
Dividend increase amount: $0.02 per share
Dividend increase percentage: 4.4 percent
+2 more
5 metrics
Quarterly cash dividend per share
$0.47 per share
Regular quarterly cash dividend on common stock declared by the board
Dividend increase amount
$0.02 per share
Increase compared with the prior quarterly dividend level
Dividend increase percentage
4.4 percent
Stated percentage increase over the prior quarterly dividend
Dividend payment date
August 28, 2026
Dividend payable on or about this date
Dividend record date
August 21, 2026
Stockholders of record at close of business on this date receive the dividend
Key Terms
quarterly dividend, stockholders of record, specialty distributor, renewable resources
4 terms
quarterly dividend financial
"declared a quarterly dividend of $0.47 per share"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
stockholders of record financial
"payable to the stockholders of record as of August 21, 2026"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
specialty distributor technical
"Karat Packaging Inc. is a specialty distributor and manufacturer"
renewable resources technical
"Karat Earth line offers products that are made from renewable resources"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What quarterly dividend did Karat Packaging (KRT) declare in August 2026?
Karat Packaging’s board declared a $0.47 per share regular quarterly cash dividend. It will be paid on or about August 28, 2026 to stockholders of record at the close of business on August 21, 2026.
By how much did Karat Packaging (KRT) increase its quarterly dividend?
The quarterly dividend was increased by $0.02 per share, described as a 4.4 percent rise over the prior level. This change applies to the new $0.47 per share dividend declared for payment in late August 2026.
When is the record date for Karat Packaging’s (KRT) August 2026 dividend?
The record date for the dividend is August 21, 2026. Stockholders of record at the close of business on that date will be entitled to receive the $0.47 per share quarterly cash dividend payable on or about August 28, 2026.
On what date will Karat Packaging’s (KRT) increased dividend be paid?
The dividend is scheduled to be paid on or about August 28, 2026. Eligible recipients are stockholders of record as of August 21, 2026, who will receive the increased $0.47 per share quarterly cash dividend on common stock.
What type of business does Karat Packaging (KRT) describe in this disclosure?
Karat Packaging describes itself as a specialty distributor and manufacturer of disposable foodservice products. Its offerings include containers, tableware, cups, cutlery, straws, and an eco-friendly Karat Earth line made from renewable resources for restaurant and foodservice customers in the United States.
Does Karat Packaging (KRT) mention eco-friendly products in connection with this dividend news?
Yes. Alongside the dividend declaration, the company highlights its Karat Earth eco-friendly product line. These disposable foodservice items are described as quality, sustainably focused products made from renewable resources, complementing the broader range of containers, tableware, cups, and related items.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 4, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation | (Commission File Number | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code)
(626 ) 965-8882
Registrant’s telephone number, including area code:
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b -2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o
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Item 8.01 Other Events.
On August 4, 2026, the Board of Directors (the "Board") of Karat Packaging Inc. (the "Company") declared an increase of its regular quarterly cash dividend to $0.47 per share (the "Quarterly Dividend") on the Company’s common stock, which will be paid on or about August 28, 2026 to stockholders of record at the close of business on August 21, 2026.
On August 5, 2026, the Company issued a press release announcing that the Board has declared the Quarterly Dividend.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description | |||||||
| 99.1 | Press release, dated August 5, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DATE: August 5, 2026 | KARAT PACKAGING INC. | |||||||
| By: | /s/ Jian Guo | |||||||
Jian Guo | ||||||||
Chief Financial Officer | ||||||||
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Karat Packaging Board Increases Quarterly Cash Dividend
CHINO, Calif., August 5, 2026 – 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.
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Investor Relations and Media Contacts:
PondelWilkinson Inc.
Judy Lin or Roger Pondel
310-279-5980
ir@karatpackaging.com
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