Press Release: Karat Packaging Board Declares Increase in Quarterly Cash Dividend

Dow Jones

2024-11-06

Karat Packaging Board Declares Increase in Quarterly Cash Dividend

CHINO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.40 per share on the Company's common stock, reflecting an increase from the previous quarterly dividend of $0.35 per share.

The dividend is payable on or about November 29, 2024, to the stockholders of record as of November 20, 2024.

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$(R)$ 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

IR@karatpackaging.com

(END) Dow Jones Newswires

November 06, 2024 08:00 ET (13:00 GMT)

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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<a href=\"https://laohu8.com/S/R\">$(R)$</a> 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. \n</p>\n<p>\n     Investor Relations and Media Contacts: \n</p>\n<p>\n     PondelWilkinson Inc. \n</p>\n<p>\n     Judy Lin or Roger Pondel \n</p>\n<p>\n     310-279-5980 \n</p>\n<p>\n     IR@karatpackaging.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 06, 2024 08:00 ET (13:00 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Karat Packaging Board Declares Increase in Quarterly Cash Dividend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Karat Packaging Board Declares Increase in Quarterly Cash Dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-06 21:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     Karat Packaging Board Declares Increase in Quarterly Cash Dividend \n</p>\n<p>\n     CHINO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- <a href=\"https://laohu8.com/S/KRT\">Karat Packaging Inc.</a> (Nasdaq: KRT) (the \"Company\" or \"Karat\"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.40 per share on the Company's common stock, reflecting an increase from the previous quarterly dividend of $0.35 per share. \n</p>\n<p>\n     The dividend is payable on or about November 29, 2024, to the stockholders of record as of November 20, 2024. \n</p>\n<p>\n     About Karat Packaging Inc. \n</p>\n<p>\n     Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The company's eco-friendly Karat Earth<a href=\"https://laohu8.com/S/R\">$(R)$</a> 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. \n</p>\n<p>\n     Investor Relations and Media Contacts: \n</p>\n<p>\n     PondelWilkinson Inc. \n</p>\n<p>\n     Judy Lin or Roger Pondel \n</p>\n<p>\n     310-279-5980 \n</p>\n<p>\n     IR@karatpackaging.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 06, 2024 08:00 ET (13:00 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"R","symbol_name":"瑞德系统","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481606679","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481606679","pubTimestamp":1730898000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"CHINO, Calif., Nov. 06, 2024  -- Karat Packaging Inc.  , a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.40 per share on the Company's common stock, reflecting an increase from the previous quarterly dividend of $0.35 per share.The dividend is payable on or about November 29, 2024, to the stockholders of record as of November 20, 2024.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"R":"瑞德系统","BK4104":"贸易公司与经销商","BK4022":"陆运","BK4539":"次新股","KRT":"Karat Packaging Inc.","BK4232":"货物陆运"},"translate_title":"新闻稿：Karat Packaging Board宣布增加季度现金股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KRT":1,"R":1},"content_text":"Karat Packaging Board Declares Increase in Quarterly Cash Dividend \n\n\n     CHINO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the \"Company\" or \"Karat\"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.40 per share on the Company's common stock, reflecting an increase from the previous quarterly dividend of $0.35 per share. \n\n\n     The dividend is payable on or about November 29, 2024, to the stockholders of record as of November 20, 2024. \n\n\n     About Karat Packaging Inc. \n\n\n     Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The company's eco-friendly Karat Earth$(R)$ 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. \n\n\n     Investor Relations and Media Contacts: \n\n\n     PondelWilkinson Inc. \n\n\n     Judy Lin or Roger Pondel \n\n\n     310-279-5980 \n\n\n     IR@karatpackaging.com \n\n\n  (END) Dow Jones Newswires\n\n\n  November 06, 2024 08:00 ET (13:00 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}