Karachi: MCB Investment Management Limited has declared a dividend payout for the Pakistan Cash Management Fund (PCF) for September 25, 2024. The Chief Executive Officer, on behalf of the Board of Directors, announced that a daily dividend of Rs. 0.0277 per unit will be distributed to the shareholders registered at the end of the business day.

According to information available from the Pakistan Stock Exchange (PSX), the dividend distribution is part of PCF's commitment to provide regular returns to its investors. The designated market category for this announcement falls under money market funds, which are typically considered low-risk and are popular among investors seeking steady income.

The fund's ability to continue its daily dividend payouts reflects its stable performance and strategic management, ensuring consistent returns to its unit holders. Shareholders who were listed in the unit holder register as of the close of September 25, 2024, will receive their dividends promptly.