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Karachi: MCB Investment Management Limited, the management entity of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a dividend payout, confirmed by the company’s Chief Executive Officer on behalf of the Board of Directors. The payment of Re. 0.0499 per unit will be awarded to registered unit holders at the closure of the market on 22-AUG-24.
The specific distribution pertains to dividends accrued on a daily basis and is scheduled for disbursement to investors who were listed in the fund’s register by the end of 22 August 2024.
According to information available from the Pakistan Stock Exchange (PSX), the ALHAMRA DAILY DIVIDEND FUND is designed to provide consistent daily returns to its investors, reflecting the fund’s performance and the management’s strategy to optimize shareholder value.
The dividend announcement is part of the routine financial activities managed by MCB Investment Management Limited, ensuring that investments yield regular returns, adhering to the strategic objectives of the fund.
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