Karat Packaging (KRT) Declares $0.35 Special Dividend; 2.3% Yield

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Go back to Karat Packaging (KRT) Declares $0.35 Special Dividend; 2.3% Yield

Karat Packaging Declares Special Dividend of $0.35 Per Share

November 9, 2022 8:01 AM EST

CHINO, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the Company or Karat), a specialty distributor and manufacturer of environmentally friendly, disposable foodservice products and related items, today announced that the Board of Directors has declared a special dividend of $0.35 per share on the Companys common stock. The special dividend is payable on or around November 30, 2022 to shareholders of record at the close of business on November 21, 2022.

Alan Yu, Chairman and Chief Executive Officer, said, The special dividend reflects our Boards confidence in Karats... More