Karachi: MCB Investment Management Limited has declared a dividend payout for the Pakistan Cash Management Fund (PCF) as confirmed on September 2, 2024. The Chief Executive Officer, on behalf of the Board of Directors, approved a daily distribution rate.
This dividend, amounting to Re. 0.0263 per unit, will be disbursed to the unit holders registered at the close of September 2, 2024. The declaration is a part of the fund’s commitment to provide regular returns to its investors.
According to information available from the Pakistan Stock Exchange (PSX), the management company ensures consistent reporting and adherence to financial regulations, maintaining transparency with its investors. The distribution reflects the fund’s performance and the strategic direction provided by its management.
This payout is significant as it continues the trend of regular dividends issued by PCF, aiming to cater to the liquidity preferences of its investors. Regular dividends are crucial for maintaining investor trust and stability in the fund’s performance.