Karachi: MCB Investment Management Limited has declared a daily dividend distribution for the Pakistan Cash Management Fund (PCF) for September 24, 2024. This announcement was made by the CEO on behalf of the fund's Board of Directors.

The designated payout involves a dividend of PKR 0.0299 per unit. This dividend will be paid to unit holders registered in the PCF's books at the close of September 24, 2024. According to information available from the Pakistan Stock Exchange (PSX), this move reflects MCB's commitment to providing consistent returns to its investors through the daily dividend option of the fund.

This financial maneuver is part of MCB Investment Management's strategy to manage liquidity while aiming to provide stable and competitive returns to its stakeholders.