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Karachi: MCB Investment Management Limited has announced a daily dividend payout for investors in the ALHAMRA Islamic Money Market Fund (ALHIMMF). The announcement was made by the Chief Executive Officer on behalf of the Board of Directors.
According to information available from the Pakistan Stock Exchange (PSX), the distribution declared is Re. 0.046 per unit. This dividend will be payable to those unit holders registered as of the close of business on 20-JUL-24.
The designated market category for this financial story is investment funds and market dividends. The company stated that such distributions are aimed at providing regular income to the investors of ALHIMMF. This financial move reflects the ongoing strategy of MCB Investment Management Limited to manage investor yields actively.