Karat Packaging Inc. announces a quarterly dividend increase of 4.4%, payable on August 28, 2026.
Quiver AI Summary
Karat Packaging Inc., a specialty distributor and manufacturer of disposable foodservice products, announced a quarterly dividend of $0.47 per share, marking a 4.4% increase from the previous amount. The dividend will be paid on August 28, 2026, to stockholders recorded as of August 21, 2026. Karat Packaging provides a variety of foodservice items including containers, tableware, and eco-friendly products under its Karat Earth® line, focusing on sustainability. The company also offers customized solutions such as product development and logistics services. More information is available on their website.
Potential Positives
- Karat Packaging has declared a quarterly dividend of $0.47 per share, reflecting a 4.4 percent increase, which signals a commitment to returning value to shareholders.
- The increase in the dividend demonstrates the company's strong financial performance and confidence in its ongoing operations.
- The company's focus on eco-friendly products with the Karat Earth® line aligns with growing consumer demand for sustainable options in the foodservice industry.
Potential Negatives
- The announced dividend increase of only $0.02 per share (4.4%) may indicate limited financial growth, which could concern investors looking for stronger returns.
- The press release lacks information on the company’s overall financial performance or challenges, potentially raising questions about its transparency and current market position.
- There is no mention of any strategic initiatives or plans to enhance market competitiveness, which may imply stagnation in growth or innovation efforts.
FAQ
What is the recent dividend declared by Karat Packaging?
Karat Packaging declared a quarterly dividend of $0.47 per share, an increase of 4.4% from the previous dividend.
When will the Karat Packaging dividend be payable?
The dividend is payable on or about August 28, 2026, to stockholders of record as of August 21, 2026.
What products does Karat Packaging manufacture?
Karat Packaging manufactures disposable foodservice products including containers, bags, tableware, cups, cutlery, and eco-friendly items.
What is Karat Earth® line?
The Karat Earth® line offers eco-friendly products made from renewable resources, focusing on sustainability in disposable foodservice.
How can I learn more about Karat Packaging?
For more information, visit Karat Packaging's website at www.karatpackaging.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KRT Revenue
$KRT had revenues of $116.9M in Q1 2026. This is an increase of 12.86% from the same period in the prior year.
You can track KRT financials on Quiver Quantitative's KRT stock page.
You can access data on KRT stock through the Quiver Quantitative API.
$KRT Hedge Fund Activity
We have seen 59 institutional investors add shares of $KRT stock to their portfolio, and 55 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POLAR ASSET MANAGEMENT PARTNERS INC. removed 200,801 shares (-63.9%) from their portfolio in Q1 2026, for an estimated $5,606,363
- HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD. removed 151,181 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $5,058,516
- TWO SIGMA INVESTMENTS, LP added 77,025 shares (+58.5%) to their portfolio in Q1 2026, for an estimated $2,150,538
- MILLENNIUM MANAGEMENT LLC removed 76,218 shares (-41.4%) from their portfolio in Q1 2026, for an estimated $2,128,006
- AQR CAPITAL MANAGEMENT LLC added 57,816 shares (+54.8%) to their portfolio in Q1 2026, for an estimated $1,614,222
- CITADEL ADVISORS LLC added 51,971 shares (+122.0%) to their portfolio in Q1 2026, for an estimated $1,451,030
- ALGERT GLOBAL LLC added 51,590 shares (+360.8%) to their portfolio in Q1 2026, for an estimated $1,440,392
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$KRT Analyst Ratings
Wall Street analysts have issued reports on $KRT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- William Blair issued a "Outperform" rating on 06/04/2026
To track analyst ratings and price targets for $KRT, check out Quiver Quantitative's $KRT forecast page.
Full Release
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]
