ALHAMRA Daily Dividend Fund Announces Dividend Payout for October 15

Karachi: MCB Investment Management Limited, the management entity of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a dividend payout for October 15, 2024. The Chief Executive Officer, on behalf of the fund’s Board of Directors, approved a daily distribution rate of Re. 0.0422 per unit.

The dividend will be payable to those unit holders who are registered at the close of business on October 15, 2024. According to information available from the Pakistan Stock Exchange (PSX), this announcement follows standard financial practices to provide returns to investors at a fixed rate daily.

This strategic disbursement underscores the fund’s commitment to providing consistent financial benefits to its stakeholders and maintaining transparency in its dividend distribution processes. It reflects the fund’s stable performance and its management’s confidence in the financial health of the fund.

The post ALHAMRA Daily Dividend Fund Announces Dividend Payout for October 15 appeared first on .