Karat Packaging Raises Quarterly Dividend to $0.47 Per Share

Dividend Increase Announced

Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products, has declared a quarterly cash dividend of $0.47 per share on its common stock. This represents an increase of $0.02 per share, or 4.4%, from the previous dividend rate.

The dividend is payable on or about August 28, 2026, to stockholders of record as of August 21, 2026. The company's board of directors approved the increase, reflecting its ongoing commitment to returning value to shareholders.

Company Overview

Karat Packaging is a leading supplier of a wide range of disposable foodservice products, including food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other items. These products are primarily used by national and regional restaurants and in foodservice settings across the United States.

The company's eco-friendly Karat Earth® line offers quality, sustainably focused products made from renewable resources. Karat Packaging also provides customized solutions, including new product development and design, printing, and logistics services. For more information, visit the company's website at www.karatpackaging.com.

What it means for income investors

This dividend increase marks the latest in a series of quarterly payouts for Karat Packaging, demonstrating a consistent record of returning cash to shareholders. The modest raise, while not dramatic, signals the company's stable cash flow and commitment to maintaining a shareholder-friendly policy.

Reporting based on: GlobeNewswire. Figures verified against market data where available.