Karachi: MCB Investment Management Limited, the management company of Alhamra Daily Dividend Fund (ALHDDF), has announced a daily dividend distribution of Re. 0.0439 per unit for its investors. This distribution has been approved by the Chief Executive Officer on behalf of the Board of Directors.

The dividend is applicable to all unit holders whose names were registered in the unit holder registry at the close of business on October 21, 2024. According to information available from the Pakistan Stock Exchange (PSX), this daily dividend payout reflects the company's ongoing commitment to provide timely returns to its investors as per the fund’s policies.

The announcement of such distributions aims to ensure the investors receive consistent income from the fund's activities, which is a significant aspect of the fund's strategic operations.