Karachi: MCB Investment Management Limited has declared a dividend payment for the Alhamra Daily Dividend Fund (ALHDDF). This announcement, confirmed on October 16, 2024, follows the approval from the Board of Directors, according to the Chief Executive Officer of the management company.

According to information available from the Pakistan Stock Exchange (PSX), the designated market category for ALHDDF encompasses dividend distributions to investors seeking regular income. Specifically, a dividend of Rs. 0.0422 per unit will be distributed to shareholders registered at the closing of October 16, 2024.

This decision aligns with MCB Funds' commitment to delivering consistent returns to its investors, adhering strictly to the stipulated financial governance and regular dividend payouts. The distribution will directly benefit those who are listed as unit holders of ALHDDF as of the end of the day on the specified date.