Karachi: MCB Investment Management Limited has declared an interim dividend for its Alhamra Islamic Money Market Fund unit holders. According to information available from the Pakistan Stock Exchange (PSX), the dividend, amounting to Rs. 0.4351 per unit, will be distributed to those whose names were registered by October 29, 2024.

This financial move, as detailed in a communication to the Pakistan Stock Exchange Limited, reflects a payout approved by the Chief Executive Officer of MCB Investment Management Limited, on behalf of the company’s board of directors. The distribution underscores the fund's performance amidst varying market conditions, highlighting its commitment to providing value to its investors.

Altaf Ahmad Faisal, Company Secretary, confirmed that this distribution aligns with MCB Funds’ strategy to deliver consistent returns to its investors, especially in the context of the current economic climate. The dividend is payable to unit holders recorded by the close of business on the specified date, ensuring that eligible participants benefit from the fund's operational success.

MCB Funds, known for its robust portfolio management and investor-focused services, continues to be a significant player in the financial sector, with this latest distribution marking another step in its commitment to enhancing shareholder value.