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KRT Karat Packaging dividend history, payout ratio & dates

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 3.31%. The latest KRT payment of $0.35 marks a dividend growth of 17%.

Key dates

  • KRT last dividend date: May 16, 2024
  • KRT next dividend date: Not announced
KRT dividend stats
DPS
$0.95
Dividend yield
3.32%
Payout ratio
63.8%
vs. Consumer Cyclical sector
Dividend yield
2.37%
Payout ratio
38.2%

Dividend yield

What is Karat Packaging current dividend yield

KRT has a dividend yield of 3.31% which is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 2.37%, Karat Packaging's dividend yield is 40% higher.

Dividend history

What is KRT dividend payout history and dates

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.

Recent 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

Karat Packaging dividend payout ratio

What is Karat Packaging dividend payout ratio compared to the sector

Payout ratio

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 38.2%, Karat Packaging's payout ratio is 67% higher.

Total amount of dividends paid per financial year (from cash flow)

KRT dividend vs peer dividends

How does KRT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MYE Myers Industries Inc 3.56% $0.54 50.5%
KRT Karat Packaging Inc 3.32% $0.95 63.8%

Frequently asked questions

Does Karat Packaging pay a dividend?

Yes, Karat Packaging has paid five dividends in the last twelve months. KRT has been paying dividends since 2022.

When is Karat Packaging's next dividend?

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.

When was KRT's last dividend?

Karat Packaging's last dividend ex-date was on May 16, 2024. The dividend amount was $0.35 per share.

How much dividend does Karat Packaging pay (per share)?

On an annual basis KRT pays $0.95 per share.

What is Karat Packaging's dividend yield?

Currently Karat Packaging's dividend yield is 3.31%.

How often does Karat Packaging pay dividends?

Karat Packaging pays dividends quarterly.

What is Karat Packaging's dividend payout ratio?

The dividend payout ratio of Karat Packaging is 63.8%.

Does Karat Packaging pay a good dividend?

Karat Packaging's dividend yield is higher than the Consumer Cyclical sector average.