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Islamabad: MCB Investment Management Limited has declared a daily dividend payout for unit holders of the Pakistan Cash Management Fund (PCF).
On July 22, 2024, the Chief Executive Officer of MCB Investment Management Limited, acting on behalf of the Board of Directors, approved a dividend of Rs. 0.0263 per unit. This dividend will be distributed to the unit holders registered in the unit holder register at the close of business on the same day.
According to information available from the Pakistan Stock Exchange (PSX), the decision reflects the fund’s performance and commitment to providing regular returns to its investors. The daily distribution strategy aligns with the fund’s objective to offer stable and consistent income streams to its stakeholders.
This initiative is part of MCB’s broader approach to ensure that investors gain from their financial products, aiming to enhance investor confidence and engagement with the financial markets.