Karat Packaging declares $0.40 special dividend and initiates $0.10 quarterly dividend policy

Karat Packaging Inc.

Board declared a special cash dividend of $0.40 per share on common stock.
Board approved a quarterly cash dividend policy and declared a $0.10 per share quarterly dividend.
Both dividends payable on or about August 31, 2023 to shareholders of record August 23, 2023.
CEO Alan Yu cited strong operating performance and cash position for the distributions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.