Karat Packaging Stock Slips Before $0.45 Dividend Payout As Tariff Costs Stay In Focus
Karat Packaging Inc shares were little changed to weaker ahead of Wednesday’s regular trading session, with investors looking past a broad rebound in U.S. equities and toward the foodservice packaging company’s dividend payment and tariff-driven margin outlook. Karat stock was quoted at $26.46, down 7 cents, or about 0.3%, from the prior close, with the latest trade recorded late Tuesday after hours. The Nasdaq-listed company had a market value of about $531 million.