MCB Announces Daily Dividend Payout for ALHAMRA Fund Holders

Karachi: MCB Investment Management Limited, the management company of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), announced a dividend distribution on July 27, 2024. The company’s Chief Executive Officer, on behalf of the Board of Directors, approved a daily dividend payout of PKR 0.0481 per unit to registered unit holders at the close of business on July 27.

The dividend will be distributed to the shareholders who are officially registered as unit holders by the end of the business day. According to information available from the Pakistan Stock Exchange (PSX), the fund has consistently delivered dividends, aiming to provide stable returns to its investors.