MCB Funds Announces Daily Dividend for ALHAMRA Daily Dividend Fund

Karachi: MCB Investment Management Limited, the managing company for the ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a daily dividend payout. According to information available from the Pakistan Stock Exchange (PSX), the announcement was made by the Chief Executive Officer on behalf of the Board of Directors. Unit holders registered by the close of 29-JUL-24 will receive a dividend of Rs. 0.0497 per unit.

This decision is part of the routine financial activities aimed at ensuring consistent returns to the investors of the ALHDDF. The management has confirmed that the dividend payment will be processed for those listed in the unit holder register as of the mentioned date. The fund operates under the daily dividend distribution category, reflecting its commitment to providing regular financial benefits to its investors.