Karat Packaging Dividend Insights: Important Updates Leading to Ex-Dividend Date on Aug 20, 2025

Generado por agente de IAAinvest Dividend Digest
sábado, 16 de agosto de 2025, 7:24 pm ET1 min de lectura
KRT--
Karat Packaging (KRT) has announced a dividend of $0.450 per share, which is higher than the average of the last ten dividends per share, calculated at $0.321. The announcement date was Aug 5, 2025, with the ex-dividend date set for Aug 20, 2025, and the payment date scheduled for Aug 27, 2025. This dividend, classified as a cash dividend, mirrors the company's previous distribution on May 23, 2025, which was also $0.450 per share and a cash dividend.

Recently, Karat PackagingKRT-- has been the focus of several key developments. Over the past week, Bank of AmericaBAC-- commenced coverage of Karat Packaging with a neutral rating and a price target of $28.00. Analysts have indicated this rating reflects a potential upside of 6.46%, highlighting a cautious optimism in the company's future performance. Since the last update, Karat Packaging’s financial growth was underscored in its Form 10-Q for the second quarter of 2025, with revenues reported at $124 million, surpassing analyst estimates of $123.5 million and marking a 10.1% year-on-year growth. Additionally, as of late, analyst forecasts suggest a significant upside potential, with an average one-year price target of $35.70 per share as of Aug 6, 2025. This projection highlights promising prospects for the company’s stock and reflects positively on its financial health and market performance.

In conclusion, Karat Packaging remains a noteworthy entity in the market, with recent updates reinforcing its stable financial footing and future potential. Investors should be aware that Aug 20, 2025, is the ex-dividend date, marking the last opportunity to purchase shares and qualify for the current dividend payout. Any acquisitions made after this date will not be eligible for the dividend distribution this time.

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