DIVIDEND ANNOUNCEMENT: Karat Packaging Inc (NASDAQ:KRT) on 02/08/2024 declared a dividend of $0.3000 per share

Karat Packaging Inc (NASDAQ:KRT) on 02/08/2024 declared a dividend of $ 0.3000 per share payable on February 29, 2024 to shareholders of record as of February 21, 2024. Dividend amount recorded is an increase of $ 0.1 from last dividend Paid.

Karat Packaging Inc (NASDAQ:KRT) has paid dividends since 2022, has a current dividend yield of 0.8067768812% and has increased its dividends for 1 successive years.

Karat Packaging Inc's market cap is $ 494,907,560 and has a PE ratio of 14.93. The stock price closed yesterday at $ 24.79 and has a 52 week low/high of $ 12.54 and $ 26.69.

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.

For more information on Karat Packaging Inc click here.