Karachi: MCB Investment Management Limited has declared a daily dividend distribution for the Pakistan Cash Management Fund (PCF). This recent announcement pertains to dividends issued for the 23rd of September, 2024.

The company's Chief Executive Officer, acting on behalf of the PCF's Board of Directors, confirmed that a dividend of Rs. 0.024 per unit will be disbursed. This distribution will benefit unit holders registered by the close of business on September 23, 2024. The fund falls under the money market category, offering regular payouts which reflect its cash management strategy.

According to information available from the Pakistan Stock Exchange (PSX), MCB Investment Management Limited continues to enhance shareholder value through consistent daily dividends, asserting its position in the financial market. The focus on maintaining a steady dividend payout aligns with the fund’s objectives to provide stable and immediate returns to its investors.