MCB Investment Management Announces Dividend Payout for ALHAMRA Daily Dividend Fund

Karachi: MCB Investment Management Limited, the managing entity for the ALHAMRA DAILY DIVIDEND FUND (ALHDDF), declared a dividend distribution to its investors. According to the management, a dividend of Re. 0.0434 per unit will be disbursed to the registered unit holders as of the market closure on October 4, 2024.

The distribution was sanctioned by the company's CEO on behalf of the Board of Directors. According to information available from the Pakistan Stock Exchange (PSX), this move aligns with ALHAMRA's goal to provide consistent returns to its investors through daily dividends.

The designated market category for this distribution is the financial sector, where ALHAMRA DAILY DIVIDEND FUND is categorized. This dividend distribution emphasizes the fund's commitment to delivering value to its shareholders on a regular basis.