Breaking News

MCB Investment Management Announces Daily Dividend Payout for ALHAMRA Fund

Karachi: MCB Investment Management Limited, on behalf of its Board of Directors, has announced a dividend payment for the ALHAMRA DAILY DIVIDEND FUND (ALHDDF). The payment of Re. 0.053 per unit will be distributed to unit holders registered as of the close of business on 30 June 2024.

The announcement came as the fund’s management, led by the Chief Executive Officer of MCB Investment Management Limited, confirmed the latest payout on behalf of the fund’s Board of Directors. This move underscores the fund’s commitment to providing regular returns to its investors.

According to information available from the Pakistan Stock Exchange (PSX), the dividend will be paid directly to the unit holders whose names appeared on the register at the day’s end on the mentioned date. This routine distribution aligns with the fund’s strategy to offer consistent financial benefits to its stakeholders, reinforcing its position in the market as a reliable choice for investors seeking regular income from their investments.

Check Also

PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

The post PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance appeared first on .