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Karat Packaging Board Declares Quarterly Cash Dividend
KaratKarat(US:KRT) Globenewswire·2025-05-07 00:35

Company Overview - Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products and related items, primarily serving national and regional restaurants and foodservice settings across the United States [2] - The product range includes food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other items [2] - The company offers an eco-friendly product line called Karat Earth®, which focuses on quality and sustainability using renewable resources [2] - Customized solutions are also provided, including new product development, design, printing, and logistics services [2] Recent Financial Announcement - The board of directors of Karat Packaging Inc. approved a regular quarterly dividend of $0.45 per share on the company's common stock [1] - This dividend is scheduled to be payable on or about May 23, 2025, to stockholders of record as of May 16, 2025 [1]