Karat packaging declares special cash dividend; approves quarterly cash dividend policy and declares quarterly cash dividend

Chino, calif., aug. 09, 2023 (globe newswire) -- karat packaging inc. (nasdaq: krt) (the “company” or “karat”), 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 $0.40 per share on the company's common stock. additionally, the board of directors approved a quarterly cash dividend policy and declared a quarterly cash dividend of $0.10 per share on the company's common stock. the amount of future quarterly cash dividends will be at the sole discretion of the board of directors.
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