Karachi: MCB Investment Management Limited has declared a new daily dividend for shareholders of the ALHAMRA Daily Dividend Fund (ALHDDF). Set at Re. 0.0485 per unit, this dividend will be distributed to those registered in the unit holder register at the close of July 16, 2024.

According to information available from the Pakistan Stock Exchange (PSX), this declaration is part of a series of consistent payouts aimed at providing regular income to investors. The Chief Executive Officer of MCB Investment Management Limited, acting on behalf of the Board of Directors, ensures that such distributions align with the fund's strategy to offer steady financial returns to its stakeholders.

This dividend payout is indicative of MCB Funds' commitment to maintaining a robust dividend policy, reinforcing the trust and confidence of its investors in the fund's management.