Karat Packaging raises quarterly dividend to $0.35 per share from $0.30

Karat Packaging Inc.

Board declared regular quarterly cash dividend of $0.35 per share, a 16.7% increase over prior $0.30.
Dividend payable on or about May 24, 2024 to holders of record on May 17, 2024.
The dividend increase reflects the Company's improved cash flow and confidence in future performance.
KRT last paid $0.30 quarterly; this marks the second dividend increase since initiation.

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