Karat Packaging Raises Quarterly Dividend by 50%
Company Announcements

Karat Packaging Raises Quarterly Dividend by 50%

Karat Packaging Inc (KRT) has released an update.

Karat Packaging Inc. has announced an increase in its quarterly cash dividend from $0.20 to $0.30 per share, a move that reflects the company’s financial growth and commitment to delivering shareholder value. Shareholders on record by February 21, 2024, can expect to receive this dividend around February 29, 2024, as confirmed by the company’s recent press release.

For further insights into KRT stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.

Related Articles
TheFlyKarat Packaging downgraded to Hold from Buy at Truist
TheFlyKarat Packaging reports Q2 adjusted EPS 49c vs 69c last year
TheFlyKarat Packaging board declares special cash dividend of 15c per share
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App