MCB Funds Announces Daily Dividend Payout for Alhamra Islamic Money Market Fund

Karachi: MCB Investment Management Limited has declared a daily dividend distribution for the Alhamra Islamic Money Market Fund (ALHIMMF). The Chief Executive Officer, on behalf of the Board of Directors, approved a dividend of Rs. 0.0469 per unit. This dividend will be paid to the unit holders listed in the register at the close of business on August 22, 2024.

According to information available from the Pakistan Stock Exchange (PSX), this recent declaration aligns with MCB’s ongoing strategy to provide consistent returns to its investors through the ALHIMMF. The management company ensures regular payouts as part of its commitment to fund holders.

The dividend will be distributed directly to the investors whose details are recorded in the fund’s register by the specified date. This initiative reflects MCB Investment Management’s focus on sustaining investor confidence and enhancing the value provided to its stakeholders.

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