AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: MCB Investment Management Limited, the managing company for ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), declared a daily dividend distribution to be paid out on July 18, 2024.
The Chief Executive Officer, on behalf of the Board of Directors, has approved a dividend payment of Re. 0.0586 per unit. This dividend will be distributed to the unit holders listed in the fund’s register by the end of the business day on July 18, 2024.
According to information available from the Pakistan Stock Exchange (PSX), this move underscores the fund’s ongoing commitment to providing consistent returns to its investors. The announcement aligns with MCB Funds’ strategy of regular income distribution to its investors, enhancing the attractiveness of the ALHAMRA ISLAMIC MONEY MARKET FUND as a viable option for those seeking regular income from their investments.