Karat Packaging Dividends and Buybacks
Dividend criteria checks 4/6
Karat Packaging is a dividend paying company with a current yield of 6.05% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 20th November, 2024.
Key information
6.1%
Dividend yield
-0.08%
Buyback Yield
| Total Shareholder Yield | 6.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 82.7% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | €1.750 |
| Payout ratio | 85% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0WJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0WJ's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Karat Packaging Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0WJ) | 6.1% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast (0WJ) (up to 3 years) | n/a |
Notable Dividend: 0WJ's dividend (6.05%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 0WJ's dividend (6.05%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.9%), 0WJ's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.5%), 0WJ's dividend payments are covered by cash flows.