Press Releases August 5, 2026 08:00 AM

Karat Packaging Board Increases Quarterly Cash Dividend

Karat Packaging Board Raises Quarterly Dividend by 4.4%

By Jordan Park
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KRT

Karat Packaging Inc., a U.S.-based manufacturer and distributor of disposable foodservice products, announced a 4.4% increase in its quarterly cash dividend to $0.47 per share, payable August 28, 2026. This dividend hike reflects the company's strong financial position and shareholder returns focus.

Karat Packaging Board Increases Quarterly Cash Dividend
KRT
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Key Points

  • Board of Directors declared a $0.47 quarterly dividend, up 4.4% from previous $0.45 per share.
  • Dividend payable to shareholders of record as of August 21, 2026, reinforcing a steady income stream for investors.
  • Company specializes in disposable foodservice products with an eco-friendly product line, impacting the sustainable packaging and foodservice sectors.

CHINO, Calif., Aug. 05, 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 quarterly dividend of $0.47 per share on the Company’s common stock, an increase of $0.02 per share or 4.4 percent. The dividend is payable on or about August 28, 2026, to the stockholders of record as of August 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
[email protected]


Risks

  • Potential fluctuations in raw material costs could impact margins in the packaging sector.
  • Changes in restaurant and foodservice industry demand may affect revenue streams.
  • Environmental regulations or shifts in consumer preferences could require additional investment in the eco-friendly product lines, affecting costs and profitability.

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