Karat Packaging Board Declares Increase in Quarterly Cash Dividend
Karat Packaging (Nasdaq: KRT) has announced an increase in its quarterly cash dividend. The company's board of directors approved a regular quarterly dividend of $0.45 per share on common stock, up from the previous $0.40 per share. The dividend will be paid around February 28, 2025, to stockholders of record as of February 24, 2025. Karat Packaging operates as a specialty distributor and manufacturer of disposable foodservice products and related items.
Karat Packaging (Nasdaq: KRT) ha annunciato un aumento del suo dividendo in contante trimestrale. Il consiglio di amministrazione dell'azienda ha approvato un dividendo trimestrale regolare di $0.45 per azione sulle azioni ordinarie, in aumento rispetto al precedente $0.40 per azione. Il dividendo sarà pagato intorno al 28 febbraio 2025, agli azionisti registrati al 24 febbraio 2025. Karat Packaging opera come distributore e produttore specializzato di prodotti usa e getta per il servizio di ristorazione e articoli correlati.
Karat Packaging (Nasdaq: KRT) ha anunciado un aumento en su dividendo en efectivo trimestral. La junta directiva de la empresa aprobó un dividendo trimestral regular de $0.45 por acción sobre acciones comunes, un incremento respecto al anterior $0.40 por acción. El dividendo se pagará alrededor del 28 de febrero de 2025, a los accionistas registrados hasta el 24 de febrero de 2025. Karat Packaging opera como un distribuidor y fabricante especializado de productos desechables para servicios de alimentación y artículos relacionados.
Karat Packaging (Nasdaq: KRT)는 분기 현금 배당금을 인상했다고 발표했습니다. 회사 이사회는 보통주에 대해 $0.45 per share의 정기 분기 배당금을 승인했으며, 이는 이전의 $0.40 per share에서 증가한 것입니다. 배당금은 2025년 2월 28일 경에 지급될 예정이며, 2025년 2월 24일 기준 주주에게 지급됩니다. Karat Packaging은 일회용 식품 서비스 제품 및 관련 품목의 전문 유통업체 및 제조업체로 운영됩니다.
Karat Packaging (Nasdaq: KRT) a annoncé une augmentation de son dividende en espèces trimestriel. Le conseil d'administration de la société a approuvé un dividende trimestriel régulier de $0.45 par action sur les actions ordinaires, en hausse par rapport à l'ancien $0.40 par action. Le dividende sera payé aux alentours du 28 février 2025, aux actionnaires enregistrés au 24 février 2025. Karat Packaging opère en tant que distributeur et fabricant spécialisé de produits alimentaires jetables et d'articles connexes.
Karat Packaging (Nasdaq: KRT) hat eine Erhöhung seiner vierteljährlichen Barausschüttung bekannt gegeben. Der Vorstand des Unternehmens genehmigte eine reguläre vierteljährliche Dividende von $0.45 pro Aktie für Stammaktien, was einem Anstieg gegenüber den bisherigen $0.40 pro Aktie entspricht. Die Dividende wird voraussichtlich am 28. Februar 2025 an die Aktionäre ausgezahlt, die am 24. Februar 2025 im Aktienregister stehen. Karat Packaging fungiert als Spezialdistributor und Hersteller von Einwegprodukten für den Lebensmittelservice und verwandten Artikeln.
- Increased quarterly dividend by 12.5% from $0.40 to $0.45 per share
- Demonstrates strong cash flow generation and commitment to shareholder returns
- None.
CHINO, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of
The dividend is payable on or about February 28, 2025, to the stockholders of record as of February 24, 2025.
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.
Investor Relations and Media Contacts:
PondelWilkinson Inc.
Judy Lin or Roger Pondel
310-279-5980
IR@karatpackaging.com
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