Breaking News

MCB Funds Declares Daily Dividend for Alhamra Daily Dividend Fund

Karachi: The Chief Executive Officer of MCB Investment Management Limited has declared a daily dividend for the Alhamra Daily Dividend Fund (ALHDDF).

This dividend, announced on July 21, 2024, is set at Re. 0.0476 per unit for unit holders listed in the register as of the close of July 21, 2024. According to information available from the Pakistan Stock Exchange (PSX), this payout is in line with the fund’s strategy to provide consistent daily returns to its investors.

The distribution reflects MCB’s continued commitment to enhancing shareholder value through regular dividend payouts, underpinned by the management’s robust approach to fund management.

Check Also

Fauji Fertilizer Announces Public Offer to Acquire Control of Agritech Limited

Karachi: Fauji Fertilizer Company Limited has made a public announcement regarding its offer to acquire 151,052,013 ordinary shares of Agritech Limited, in line with the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting...

The post Fauji Fertilizer Announces Public Offer to Acquire Control of Agritech Limited appeared first on .