MCB Investment Management Announces Dividend Payout for ALHAMRA ISLAMIC MONEY MARKET FUND

Business & Finance

Karachi: MCB Investment Management Limited, the management company for the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced a dividend distribution. The Chief Executive Officer, on behalf of the Board of Directors, approved a daily dividend of Re. 0.0629 per unit for unit holders registered at the close of business on July 26, 2024. This dividend will be paid to those whose names appeared in the unit holder register at the end of the day.

According to information available from the Pakistan Stock Exchange (PSX), this recent dividend declaration is part of the company’s ongoing commitment to provide consistent returns to its investors. The payout reflects the fund’s performance and strategic management aimed at ensuring stable returns for its investors.