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Karat Packaging Inc ( (KRT) ) just unveiled an announcement.
On May 6, 2025, Karat Packaging Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.45 per share on the company’s common stock. This dividend is scheduled to be paid on or about May 23, 2025, to stockholders of record as of May 16, 2025, reflecting the company’s commitment to providing value to its shareholders.
Spark’s Take on KRT Stock
According to Spark, TipRanks’ AI Analyst, KRT is a Outperform.
Karat Packaging Inc. holds a solid position with strong financials, attractive valuation, and positive earnings call insights. Despite current technical weaknesses, the company’s strategic growth plans and financial health offer a promising outlook.
To see Spark’s full report on KRT stock, click here.
More about Karat Packaging Inc
Karat Packaging Inc. is a specialty distributor and manufacturer of disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its product range includes food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products. The company also offers eco-friendly products under the Karat Earth® line and provides customized solutions such as product development, design, printing, and logistics services.
Average Trading Volume: 39,629
Technical Sentiment Signal: Sell
Current Market Cap: $530.6M
See more insights into KRT stock on TipRanks’ Stock Analysis page.