DIVIDEND ANNOUNCEMENT: Karat Packaging Inc (NASDAQ:KRT) on 08/09/2023 declared a dividend of $0.5000 per share

Karat Packaging Inc (NASDAQ:KRT) on 08/09/2023 declared a dividend of $ 0.5000 per share payable on August 31, 2023 to shareholders of record as of August 23, 2023. Dividend amount recorded is an increase of $ 0.15 from last dividend Paid.

Karat Packaging Inc (NASDAQ:KRT) has paid dividends since 2022, has a current dividend yield of 0.0000000000% and has increased its dividends for 0 successive years.

Karat Packaging Inc's market cap is $ 402,115,140 and has a PE ratio of 15.44. The stock price closed yesterday at $ 20.22 and has a 52 week low/high of $ 12.50 and $ 20.69.

Karat Packaging is a holding company. Through its subsidiaries, Co. manufactures and distributes single-use disposable products used in a variety of restaurant and foodservice settings. Co. supplies a range of products for the foodservice industry, including food containers, tableware, cups, lids, cutlery, and straws, as well as personal protective equipment related products to its customers such as face shields and face masks. Co. provides solutions to the customers, including new product development, design, printing, and logistics services. Co. also supplies products to smaller chains and businesses including boutique coffeehouses, bubble tea cafes, pizza parlors and frozen yogurt shops.

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