MCB Investment Management Announces Daily Dividend for ALHAMRA Fund

Karachi: MCB Investment Management Limited, the manager of the ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has declared a dividend payout for its investors. The announcement was made on behalf of the company's Board of Directors, confirming a daily distribution rate.

On September 22, 2024, a dividend of PKR 0.0423 per unit was approved for distribution. This financial benefit will be paid to the unit holders who were registered as of the close of the business day. The designated market category for this financial activity involves income funds, focusing on consistent dividend payouts.

According to information available from the Pakistan Stock Exchange (PSX), this distribution reflects the fund's commitment to providing regular income to its investors through daily dividends. MCB Investment Management Limited continues to uphold its reputation for reliable fund management, catering to a broad base of investors seeking steady financial returns.