Karat Packaging Board Declares Increase in Quarterly Cash Dividend

February 8, 2024

https://www.globenewswire.com/news-release/2024/02/08/2825974/0/en/Karat-Packaging-Board-Declares-Increase-in-Quarterly-Cash-Dividend.html

CHINO, Calif., Feb. 08, 2024 (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 $0.30 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.20 per share.

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