Pakistan Cash Management Fund Approves New Dividend Distribution

Karachi: The management company MCB Investment Management Limited, which oversees the Pakistan Cash Management Fund (PCF), announced that its Board of Directors has approved a dividend payout. The fund will distribute Re. .0221 per unit to all registered unit holders at the close of 11-AUG-24.

According to information available from the Pakistan Stock Exchange (PSX), this distribution is part of PCF's commitment to providing consistent financial returns to its investors. The beneficiaries of this dividend are those whose names were recorded in the unit holder register at the conclusion of the trading day on Saturday. This regular payout aligns with the fund’s strategy to deliver steady income to its stakeholders.