Karat Packaging (NASDAQ: KRT) sets $0.45 regular quarterly dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Karat Packaging Inc. announced that its board of directors has declared a regular quarterly cash dividend of $0.45 per share on its common stock. The dividend will be paid on or about May 28, 2026 to stockholders of record as of May 21, 2026.
The company is a specialty distributor and manufacturer of disposable foodservice products used by restaurants and other foodservice providers across the United States, including its eco-friendly Karat Earth line.
Positive
- None.
Negative
- None.
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 dividend per share: $0.45 per share
Dividend record date: May 21, 2026
Dividend payment date: May 28, 2026
3 metrics
Quarterly dividend per share
$0.45 per share
Regular quarterly cash dividend on common stock
Dividend record date
May 21, 2026
Stockholders of record eligible for dividend
Dividend payment date
May 28, 2026
Payable on or about this date
Key Terms
regular quarterly cash dividend, stockholders of record, specialty distributor and manufacturer, eco-friendly Karat Earth
4 terms
regular quarterly cash dividend financial
"declared a regular quarterly cash dividend of $0.45 per share"
A regular quarterly cash dividend is a set amount of money that a company pays to its shareholders four times a year, usually every three months. It provides investors with a steady income stream and signals that the company is generating consistent profits. For investors, receiving these payments can be a reliable way to earn returns and assess the company's financial stability.
stockholders of record financial
"to stockholders of record at the close of business on May 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 and manufacturer financial
"a specialty distributor and manufacturer of disposable foodservice products"
eco-friendly Karat Earth other
"The company’s eco-friendly Karat Earth® line offers quality, sustainably focused products"
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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): May 5, 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 May 5, 2026, the Board of Directors (the "Board") of Karat Packaging Inc. (the "Company") declared a regular quarterly cash dividend of $0.45 per share (the "Quarterly Dividend") on the Company’s common stock, which will be paid on or about May 28, 2026 to stockholders of record at the close of business on May 21, 2026.
On May 6, 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 May 6, 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: May 6, 2026 | KARAT PACKAGING INC. | |||||||
| By: | /s/ Jian Guo | |||||||
Jian Guo | ||||||||
Chief Financial Officer | ||||||||
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Karat Packaging Board Declares Quarterly Cash Dividend
CHINO, Calif., May 6, 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 regular quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable on or about May 28, 2026, to the stockholders of record as of May 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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FAQ
What dividend did Karat Packaging Inc. (KRT) declare in May 2026?
Karat Packaging declared a regular quarterly cash dividend of $0.45 per share on its common stock. The company describes this as a recurring quarterly dividend approved by its board of directors and announced in a press release dated May 6, 2026.
When are the record date and payment date for Karat Packaging’s May 2026 dividend?
The dividend is payable on or about May 28, 2026 to stockholders of record as of May 21, 2026. Investors must be recorded as shareholders by the close of business on the record date to receive the cash dividend.
What type of dividend did Karat Packaging (KRT) announce?
Karat Packaging’s board declared a regular quarterly cash dividend of $0.45 per share on its common stock. This indicates an ongoing program of quarterly cash returns to shareholders rather than a one-time or special dividend, according to the company’s announcement.
What does Karat Packaging Inc. (KRT) do?
Karat Packaging is a specialty distributor and manufacturer of disposable foodservice products used by restaurants and foodservice providers across the United States. Its portfolio includes containers, tableware, cups, straws, gloves, equipment, and its eco-friendly Karat Earth line made from renewable resources.
Does Karat Packaging offer eco-friendly foodservice products?
Yes. Karat Packaging offers its Karat Earth line of eco-friendly products, which are made from renewable resources. These sustainably focused items complement the company’s broader range of disposable foodservice containers, cups, lids, cutlery, and related products sold to restaurant and foodservice customers.
How can investors contact Karat Packaging’s investor relations team?
Investor relations for Karat Packaging are handled by PondelWilkinson Inc., with contacts Judy Lin or Roger Pondel. They can be reached by phone at 310-279-5980 or via email at IR@karatpackaging.com, according to the company’s announcement.