Alhamra Daily Dividend Fund Announces New Payout for Unit Holders

Business & Finance

Karachi: MCB Investment Management Limited, the management company of the Alhamra Daily Dividend Fund (ALHDDF), has declared a new dividend distribution. The announcement was made by the Chief Executive Officer on behalf of the fund's Board of Directors.

According to information available from the Pakistan Stock Exchange (PSX), a daily distribution of Re. 0.0464 per unit will be paid to unit holders who are registered as of the close of September 16, 2024. This distribution marks the latest payout under the fund’s strategy to provide regular income to its investors.

The designated market category for this announcement is the daily dividend distribution for mutual funds, reflecting the fund's commitment to consistent financial returns to its stakeholders. The fund aims to maintain a steady flow of distributions to ensure attractive yield opportunities for its investors.