MCB Investment Management Declares Daily Dividend for Alhamra Daily Dividend Fund

Business & Finance

Karachi, MCB Investment Management Limited, previously known as MCB-Arif Habib Savings and Investments Limited, has announced a daily dividend payout for its Alhamra Daily Dividend Fund (ALHDDF). The Chief Executive Officer, with authorization from the Board of Directors, has set the dividend rate at Re. 0.055 per unit. This distribution is designated for unit holders registered in the fund's register by the close of February 11, 2024.

This financial decision reflects MCB Investment Management's commitment to providing its investors with consistent returns, adhering to its strategic approach to fund management. The company remains dedicated to upholding transparency and maintaining compliance with regulatory standards, ensuring stakeholders are well-informed of its financial activities and performance.