⚡ Flash Summary
MCB Investment Management Limited, the management company of ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced a daily dividend distribution of Re. 0.0258 per unit for the unit holders whose names appeared in the unit holder register at the close of 20-OCT-25. This dividend payout has been approved by the Board of Directors. The announcement was made on 21-OCT-2025. The dividend is for those registered as of the specified record date.
📌 Key Takeaways
- 💰 Alhambra Islamic Money Market Fund (ALHIMMF) announces daily dividend distribution.
- 🗓️ Record date for dividend eligibility: 20-OCT-2025.
- 💵 Dividend amount: Re. 0.0258 per unit.
- 🏢 Management company: MCB Investment Management Limited.
- ✅ Dividend approved by the Board of Directors.
- 📢 Announcement date: 21-OCT-2025.
- 📜 Only unit holders registered by the record date are eligible.
- 🔍 Review fund performance and strategy for long-term outlook.
- 🤔 Consider the dividend yield and overall return when evaluating the fund.
🎯 Investment Thesis
Based on the limited information in the announcement, a HOLD recommendation is appropriate. More information is required to determine a BUY or SELL recommendation. The dividend distribution is positive, but a comprehensive understanding of the fund’s overall performance, risk profile, and market conditions is necessary to make a well-informed investment decision. A price target and time horizon cannot be specified without more in-depth analysis.
Disclaimer: AI-generated analysis. Not financial advice.