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Karachi: MCB Investment Management Limited, the manager of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has announced a new dividend distribution for its investors. The decision was made by the Chief Executive Officer on behalf of the Board of Directors.
On 30 July 2024, MCB Investment Management Limited confirmed a daily dividend of Re. 0.0483 per unit will be distributed. This payout is applicable to the unit holders who are registered by the close of business on the same day. According to information available from the Pakistan Stock Exchange (PSX), this move is part of the fund’s commitment to providing regular returns to its investors.
The designated market category for ALHAMRA DAILY DIVIDEND FUND is investment management, focusing on regular dividend payouts. This distribution is a continuation of the fund’s strategy to deliver financial benefits directly to its investors’ hands promptly.