Karachi: MCB Investment Management Limited, the managing body of Alhamra Daily Dividend Fund (ALHDDF), has declared a dividend payout. The dividend amounting to Re. 0.0427 per unit will be disbursed to the registered unit holders at the close of business on October 17, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the dividend will be paid to the unit holders who were registered in the unit holder register by the end of the trading day on October 17. The decision was made by the Chief Executive Officer of MCB Investment Management Limited, under the authorization of the Board of Directors.

This distribution indicates a continued effort by MCB Funds to provide returns to its investors, maintaining a daily payout structure that benefits its stakeholders.