MCB FUNDS Announces Daily Dividend for ALHAMRA Fund Holders

Karachi: MCB Investment Management Limited, the entity managing the ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a daily dividend payout. The dividend, amounting to Rs. 0.0457 per unit, will be distributed to shareholders registered as of the close of business on September 19, 2024.

The announcement was made by the Chief Executive Officer of MCB Investment Management Limited on behalf of the Board of Directors. According to information available from the Pakistan Stock Exchange (PSX), the dividend will directly benefit the unit holders of ALHDDF. This distribution underscores MCB’s commitment to delivering consistent returns to its investors.

The designated market category for this announcement is the financial sector, specifically focusing on investment management distributions. This daily dividend payout reflects MCB’s strategic approach to managing investor funds and rewarding shareholders on a regular basis.

The post MCB FUNDS Announces Daily Dividend for ALHAMRA Fund Holders appeared first on .

Check Also

PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

The post PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance appeared first on .