Daily Dividend Payout Announced by Alhamra Daily Dividend Fund

Karachi: MCB Investment Management Limited, the management entity of the Alhamra Daily Dividend Fund (ALHDDF), announced a dividend payout for its investors on September 29, 2024. The declared daily distribution is Re. 0.0422 per unit. According to information available from the Pakistan Stock Exchange (PSX), this payout applies to the unit holders registered at the close of the market on the specified date. The approval for this distribution was granted by the Board of Directors through the Chief Executive Officer of the management company.

This distribution is part of the fund's commitment to provide consistent returns to its investors, reflecting its performance in the financial markets. The designated market category for this distribution remains within the realm of daily income funds, which aim to offer regular dividends to their investors.