{"id":756514,"date":"2023-05-09T09:42:27","date_gmt":"2023-05-09T13:42:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/karat-packaging-declares-special-dividend-of-0-35-per-share-2\/"},"modified":"2023-05-09T09:42:27","modified_gmt":"2023-05-09T13:42:27","slug":"karat-packaging-declares-special-dividend-of-0-35-per-share-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/karat-packaging-declares-special-dividend-of-0-35-per-share-2\/","title":{"rendered":"Karat Packaging Declares Special Dividend of $0.35 Per Share"},"content":{"rendered":"<div class=\"mw_release\">\n<p>CHINO, Calif., May  09, 2023  (GLOBE NEWSWIRE) &#8212; Karat Packaging Inc. (Nasdaq: KRT) (the \u201cCompany\u201d or \u201cKarat\u201d), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its Board of Directors has declared a special cash dividend of $0.35 per share on the Company\u2019s common stock. The special dividend is payable on or about May 31, 2023, to shareholders of record at the close of business on May 23, 2023.<\/p>\n<p>\n        <strong>About Karat Packaging Inc.<\/strong><br \/>\n        <br \/>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\u2019s eco-friendly Karat Earth\u00ae 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\u2019s website at www.karatpackaging.com.<\/p>\n<p>\n        <strong>Investor Relations and Media Contacts:<\/strong><br \/>\n        <br \/>PondelWilkinson Inc.<br \/>Judy Lin or Roger Pondel<br \/>310-279-5980<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dUQdnROoXzzW49P4k5Hqrab1HKMCeR832KCYZHxQcFHSpBBNWCOb_Z4yNgN4BN46D3G6gEDQrUJLoJ9IkVT8oDAF-zNNieSfCGNF26ytJw4=\" rel=\"nofollow noopener\" target=\"_blank\">IR@karatpackaging.com<\/a><\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzNDYwMSM1NTgyNTA3IzIxODk0Mzg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MjlhYmJhMGUtZmRlZS00YjgxLTg4NzMtZDViMDI3Mzg3MjNlLTEyMDA5OTE=\/tiny\/Karat-Packaging-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CHINO, Calif., May 09, 2023 (GLOBE NEWSWIRE) &#8212; Karat Packaging Inc. (Nasdaq: KRT) (the \u201cCompany\u201d or \u201cKarat\u201d), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its Board of Directors has declared a special cash dividend of $0.35 per share on the Company\u2019s common stock. The special dividend is payable on or about May 31, 2023, to shareholders of record at the close of business on May 23, 2023. 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/karat-packaging-declares-special-dividend-of-0-35-per-share-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Karat Packaging Declares Special Dividend of $0.35 Per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-756514","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Karat Packaging Declares Special Dividend of $0.35 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/karat-packaging-declares-special-dividend-of-0-35-per-share-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karat Packaging Declares Special Dividend of $0.35 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHINO, Calif., May 09, 2023 (GLOBE NEWSWIRE) &#8212; Karat Packaging Inc. (Nasdaq: KRT) (the \u201cCompany\u201d or \u201cKarat\u201d), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its Board of Directors has declared a special cash dividend of $0.35 per share on the Company\u2019s common stock. The special dividend is payable on or about May 31, 2023, to shareholders of record at the close of business on May 23, 2023. 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. 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