Karachi: MCB Investment Management Limited has declared a daily dividend distribution for the ALHAMRA DAILY DIVIDEND FUND (ALHDDF) for the period ending on August 25, 2024. The announcement was made by the company's CEO on behalf of the Board of Directors.

According to information available from the Pakistan Stock Exchange (PSX), the management company announced a dividend of Re. 0.0459 per unit. This payout will be given to the unit holders who were registered in the unit holder register at the close of business on August 25, 2024.

The dividend distribution reflects the fund's performance and commitment to providing consistent returns to its investors. It follows a structured payout policy as per the guidelines set by the board, aiming to ensure sustainable dividend payments to its shareholders.