Karat Packaging Inc.
KRTConsumer Cyclical · Stock · quarterly payer
Forward Yield
4.72%
Annual Dividend
$1.80
Payout Ratio
114%
5-Yr Growth
—
Ex-Date
May 21, 2026
Frequency
Quarterly
Summary
As of July 2026, Karat Packaging Inc. (KRT) yields 4.72% ($1.80 per share annually), with a blended fair-value estimate of $57.09 — +50% upside, so it screens as undervalued. Dividend safety grade: C (64/100). 2 years of dividend growth.
Is KRT a good dividend stock?
Yes, with caveatsKarat Packaging Inc. (KRT) pays a quarterly dividend yielding 4.72% ($1.80/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- 62% total price return over 5 years
Risks
- Elevated payout ratio (114%)
Key Data
- Dividend Yield
- 4.72%
- Payout Ratio
- 114%
- Annual Dividend
- $1.80
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 21, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $769.3M
- P/E Ratio
- 24.2
- 5-Yr Total Return
- 62%
- 52-Week Range
- $20.61 – $38.44
- Dividend Safety
- C · 64/100
- Ever Cut?
- No
Frequently Asked Questions
KRT Price — Last 12 Months
Daily close
Price Return
1 Year
+51%
3 Years
+53%
5 Years
+62%
52-Week Range
$20.61 – $38.44
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KRT worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Karat Packaging Inc. is $57.09 per share, versus a market price of $38.09. That implies 50% of upside — a margin of safety of about 33%.
Fair Value
$57.09
Current Price
$38.09
Upside
+50%
Margin of Safety
33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 6.4% annual free-cash-flow growth. We model 18.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.4% discount rate (CAPM), 18.8% stage-1 growth, 2.5% terminal growth, $1.58 EPS, $1.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KRT Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.4500 | regular |
| Feb 20, 2026 | — | $0.4500 | regular |
| Nov 21, 2025 | — | $0.4500 | regular |
| Aug 20, 2025 | — | $0.4500 | regular |
| May 16, 2025 | — | $0.4500 | regular |
| Feb 24, 2025 | — | $0.4500 | regular |
| Nov 20, 2024 | — | $0.4000 | regular |
| Aug 21, 2024 | — | $0.5000 | regular |
| May 16, 2024 | — | $0.3500 | regular |
| Feb 20, 2024 | — | $0.3000 | regular |
| Nov 17, 2023 | — | $0.2000 | regular |
| Aug 22, 2023 | — | $0.5000 | regular |
| May 22, 2023 | — | $0.3500 | regular |
| Nov 18, 2022 | — | $0.3500 | regular |
Income Calculator
At $1.80 / yr per share
