Karat Packaging Raises Quarterly Dividend by 50%

Karat Packaging Inc (KRT) has released an update.

Karat Packaging Inc. has announced an increase in its quarterly cash dividend from $0.20 to $0.30 per share, a move that reflects the company’s financial growth and commitment to delivering shareholder value. Shareholders on record by February 21, 2024, can expect to receive this dividend around February 29, 2024, as confirmed by the company’s recent press release.

For further insights into KRT stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.