Karat Packaging Board Declares Quarterly Cash Dividend

Rhea-AI Summary

Karat Packaging (Nasdaq: KRT) declared a regular quarterly cash dividend of $0.45 per share. The dividend is payable on or about May 28, 2026 to shareholders of record as of May 21, 2026. This provides a scheduled cash return to common stockholders.

AI-generated analysis. Not financial advice.

Positive

• $0.45 per share regular quarterly cash dividend
• Dividend payable on or about May 28, 2026
• Record date set for May 21, 2026

Negative

• Company will incur a cash outflow on May 28, 2026 to fund the dividend

News Market Reaction – KRT

+1.06%

1 alert

+1.06% News Effect

On the day this news was published, KRT gained 1.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHINO, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat Packaging”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has declared a regular quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable on or about May 28, 2026, to the stockholders of record as of May 21, 2026.

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 

FAQ

What dividend did Karat Packaging (KRT) declare on May 6, 2026?

The board declared a $0.45 per share regular quarterly cash dividend. According to the company, the dividend applies to common stock with a record date of May 21, 2026 and payment on or about May 28, 2026.

When will Karat Packaging (KRT) shareholders receive the May 2026 dividend?

The dividend is payable on or about May 28, 2026. According to the company, shareholders of record as of May 21, 2026 will be eligible to receive the cash payment on that date.

Who is eligible for Karat Packaging's (KRT) $0.45 dividend?

Shareholders of record as of May 21, 2026 are eligible. According to the company, ownership must be recorded by that date to receive the dividend payable on or about May 28, 2026.

How much cash will Karat Packaging (KRT) pay per share for the May 2026 dividend?

Karat Packaging will pay $0.45 per common share for the quarterly dividend. According to the company, the dividend was declared by the board and is scheduled for payment on or about May 28, 2026.

Does the May 2026 dividend announcement from Karat Packaging (KRT) indicate a recurring shareholder payout?

The company declared a regular quarterly cash dividend of $0.45 per share. According to the company, the use of 'regular quarterly' indicates this is part of its ongoing dividend program for common stock.