MCB Funds Announces Daily Dividend Distribution for ALHAMRA DAILY DIVIDEND FUND

Karachi: MCB Investment Management Limited, the managing company for ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a daily dividend payout on behalf of its Board of Directors. The announcement was made on July 13, 2024, confirming a dividend of Re. 0.0517 per unit.

The designated dividend will be distributed to those unit holders listed in the register by the close of business on July 13. According to information available from the Pakistan Stock Exchange (PSX), this move underscores MCB’s commitment to providing consistent returns to its investors through the ALHDDF.

This recent payout decision, as approved by the Chief Executive Officer of MCB Investment Management Limited, reflects the ongoing strategic efforts to enhance shareholder value while maintaining transparent and timely communication with its investors.