Karachi: MCB Investment Management Limited has declared a daily dividend payout for the Alhamra Daily Dividend Fund (ALHDDF) on behalf of its Board of Directors. The announcement specifies a dividend of Re. 0.0426 per unit, which will be distributed to unit holders registered as of the close of October 22, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the dividend reflects the fund's ongoing strategy to provide consistent returns to its investors. The fund, managed by MCB Investment Management, aims to offer regular income streams through dividends, appealing to investors seeking frequent payouts.

This move by MCB Investment Management Limited demonstrates their commitment to delivering shareholder value while adhering to their declared investment strategies. The payout will be processed for those unit holders whose names were on the register at the end of the trading day on October 22, 2024, ensuring that eligible investors receive their dividends promptly.