MCB Funds Announces Daily Dividend Distribution for Pakistan Cash Management Fund

Karachi: The Chief Executive Officer of MCB Investment Management Limited, representing the management of the Pakistan Cash Management Fund (PCF), has approved a daily dividend distribution, according to a recent announcement. This distribution pertains to a dividend of Rs. 0.0267 per unit and will be awarded to those listed in the unit holder register as of the close of July 30, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the decision was made on behalf of the Board of Directors, highlighting their ongoing commitment to deliver returns to investors. This distribution reflects the fund’s performance and strategic financial management aimed at providing consistent value to its stakeholders.