Alhamra Daily Dividend Fund Announces New Payout for July 7

Karachi: MCB Investment Management Limited has declared a dividend for the Alhamra Daily Dividend Fund (ALHDDF) for July 7, 2024.

The fund’s Chief Executive Officer, on behalf of the Board of Directors, approved a daily distribution of Re. 0.0489 per unit to shareholders listed in the fund’s unit holder register at the close of business on July 7, 2024.

According to information available from the Pakistan Stock Exchange (PSX), this payout continues the fund’s practice of providing regular returns to its investors. The Alhamra Daily Dividend Fund aims to offer consistent income through daily dividends, aligning with the investment goals of its shareholders.

This distribution highlights the fund’s commitment to maintaining a stable income stream for its investors, reflecting its strategic focus on maximizing shareholder value through frequent financial distributions.