Karachi: MCB Investment Management Limited has declared a daily dividend distribution for the ALHAMRA Daily Dividend Fund (ALHDDF). The Chief Executive Officer, on behalf of the Board of Directors, announced that a dividend of PKR 0.0456 per unit will be distributed to the shareholders registered at the close of business on September 23, 2024.

The dividend payout, set at Re. 0.0456 per unit, applies to those shareholders listed in the unit holder register by the end of the trading day on September 23. This distribution reflects the company's ongoing commitment to providing returns to its investors through the ALHAMRA Daily Dividend Fund, a notable entity within the Daily Dividend Distribution category of the market.

According to information available from the Pakistan Stock Exchange (PSX), MCB Investment Management Limited is renowned for its strategic management and robust dividend distribution policies which consistently aim to enhance shareholder value. The declared dividend is a part of the fund's operational strategy to ensure steady and reliable income to its investors, reflecting the fund’s performance and the management's confidence in its financial health.