Karat Packaging Raises Quarterly Dividend From $0.35 To $0.47 Per Share

Karat Packaging, Inc.

Karat Packaging, Inc.

KRT

0.00

Karat Packaging Inc. (Nasdaq: KRT) (the "Company" or "Karat Packaging"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has declared a quarterly dividend of $0.47 per share on the Company’s common stock, an increase of $0.02 per share or 4.4 percent.