secwatch.observer — SEC 8-K summary
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Issuer:     Karat Packaging Inc. (KRT)
CIK:        0001758021
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001213900-23-064778
Event type: dividend
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758021/000121390023064778/0001213900-23-064778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758021/000121390023064778/ea183120-8k_karatpack.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-064778

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer