Karat Packaging's latest quarterly dividend of $0.35 per share was on May 16, 2024 (ex-date). At an annualized rate of $0.95 per share, the stock yields 3.29%. The latest KRT payment of $0.35 marks a dividend growth of 17%.
KRT has a dividend yield of 3.29% which is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 2.4%, Karat Packaging's dividend yield is 37% higher.
Karat Packaging has a history of paying dividends since 2022. Our records of KRT show that the company has distributed five dividends in the past year. This includes four regular and one special dividends.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 16, 2024 | May 24, 2024 | May 7, 2024 | $0.35 | normal |
Feb 20, 2024 | Feb 29, 2024 | Feb 7, 2024 | $0.3 | normal |
Nov 17, 2023 | Nov 30, 2023 | Nov 7, 2023 | $0.2 | normal |
Aug 22, 2023 | Aug 31, 2023 | Aug 9, 2023 | $0.1 | normal |
Aug 22, 2023 | Aug 31, 2023 | Aug 9, 2023 | $0.4 | special |
KRT has a payout ratio of 63.8% which is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 38.3%, Karat Packaging's payout ratio is 67% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MYE Myers Industries Inc | 3.67% | $0.54 | 50.5% |
KRT Karat Packaging Inc | 3.22% | $0.95 | 63.8% |
Yes, Karat Packaging has paid five dividends in the last twelve months. KRT has been paying dividends since 2022.
At this point we don't have a record of KRT's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.
Karat Packaging's last dividend ex-date was on May 16, 2024. The dividend amount was $0.35 per share.
On an annual basis KRT pays $0.95 per share.
Currently Karat Packaging's dividend yield is 3.29%.
Karat Packaging pays dividends quarterly.
The dividend payout ratio of Karat Packaging is 63.8%.
Karat Packaging's dividend yield is higher than the Consumer Cyclical sector average.