Karachi: MCB Investment Management Limited has announced a daily dividend distribution for its Pakistan Cash Management Fund (PCF), following the approval by its Chief Executive Officer on behalf of the Board of Directors. The dividend payout was confirmed for April 7, 2025, according to the company's latest communication.
The approved dividend stands at Re. 0.0173 per unit. This payout will be received by the unit holders whose names were recorded in the unit holder register at the close of April 7, 2025.
According to information available from the Pakistan Stock Exchange (PSX), the PCF is categorized under the Money Market Fund sector. The daily distribution highlights the fund's commitment to providing consistent returns to its investors, ensuring that all eligible unit holders receive their due dividends promptly.
The management's decision to disburse this daily dividend is part of its ongoing strategy to maintain a steady income stream for investors, reflecting the fund's operational performance and adherence to its financial distribution policies.