Karat Packaging Dividend
Dividend criteria checks 3/6
Karat Packaging is a dividend paying company with a current yield of 6.27% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
6.3%
Dividend yield
40%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 24 May 24 |
Ex dividend date | 16 May 24 |
Dividend per share | n/a |
Earnings per share | €1.48 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 0WJ's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 0WJ's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Karat Packaging Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0WJ) | 6.3% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Trade Distributors) | 2.1% |
Analyst forecast in 3 Years (0WJ) | n/a |
Notable Dividend: 0WJ's dividend (6.27%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: 0WJ's dividend (6.27%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), 0WJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (93.5%), 0WJ's dividend payments are not well covered by cash flows.