MCB Investment Management Announces Daily Dividend Distribution for ALHAMRA Daily Dividend Fund

Karachi: The management of MCB Investment Management Limited, on behalf of its Board of Directors, has declared a daily dividend distribution for the ALHAMRA Daily Dividend Fund (ALHDDF). The Chief Executive Officer confirmed this financial move, which will impact unit holders recorded at the close of business on 01 August 2024.

According to information available from the Pakistan Stock Exchange (PSX), the specified payout is set at Re. 0.0483 per unit. This distribution is applicable to all shareholders listed in the ALHDDF unit holder register by the end of 01 August 2024. The announcement reflects the fund’s commitment to providing consistent returns to its investors, aligning with the broader objectives of MCB’s investment strategies. This decision follows the fund’s policy of rewarding its investors through regular dividend payouts, contributing to its attractiveness as a stable investment option in the market.

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