MCB FUNDS Announces Daily Dividend Payout for ALHAMRA ISLAMIC MONEY MARKET FUND

Karachi: MCB Investment Management Limited has declared a daily dividend payout for holders of the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF).

On July 29, 2024, the Chief Executive Officer of MCB Investment Management Limited, on behalf of the Board of Directors, approved a dividend distribution. According to information available from the Pakistan Stock Exchange (PSX), this payout is designated for the unit holders registered at the close of the market on July 29, 2024. Each unit holder is set to receive a dividend of Re. 0.0526 per unit.

This announcement falls under the Money Market category, ensuring a steady income for investors who are listed in the unit holder register by the designated date.