Karat Packaging's latest dividend of $0.4 per share was on Nov 20, 2024 (ex-date). At an annualized rate of $1.55 per share, the stock yields 5.06%. The latest KRT payment of $0.4 marks a dividend change of -20%.
KRT has a dividend yield of 5.06% which is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 2.49%, Karat Packaging's dividend yield is 103% higher.
Karat Packaging has a history of paying dividends since 2022. Our records of KRT show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 138% for the last twelve months. And with the price of the stock up by 42% from a year ago, the dividend yield has increased by 68%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 20, 2024 | $0.4 | 5.43% |
Aug 21, 2024 | $0.5 | 5.3% |
May 16, 2024 | $0.35 | 3.31% |
Feb 20, 2024 | $0.3 | 3.43% |
Nov 17, 2023 | $0.2 | 3.06% |
Aug 22, 2023 | $0.1 | 3.32% |
May 22, 2023 | $0.35 | 4.46% |
Nov 18, 2022 | $0.35 | 2.5% |
KRT has a payout ratio of 109.9% which is higher than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 43.3%, Karat Packaging's payout ratio is 154% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KRT Karat Packaging Inc | 5.06% | $1.55 | 109.9% |
MYE Myers Industries Inc | 4.85% | $0.54 | 128.6% |
Yes, Karat Packaging has paid four dividends in the last twelve months. KRT has been paying dividends since 2022.
Karat Packaging's last dividend ex-date was on Nov 20, 2024. The dividend amount was $0.4 per share.
On an annual basis KRT pays $1.55 per share.
Currently Karat Packaging's dividend yield is 5.06%.
Karat Packaging pays dividends quarterly.
The dividend payout ratio of Karat Packaging is 109.9%.
Karat Packaging's dividend yield is higher than the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.