⚡ Flash Summary
MCB Investment Management Limited, the management company of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has announced a daily dividend distribution of Re. 0.0238 per unit for unit holders as of November 4, 2025. This distribution will be paid to unit holders whose names appear in the unit holder register at the close of business on the specified date. The announcement was made on November 5, 2025, by Muhammad Rehan Khan, Company Secretary.
📌 Key Takeaways
- 💰 Daily dividend distribution announced for ALHAMRA DAILY DIVIDEND FUND (ALHDDF).
- 📅 Distribution date: November 4, 2025.
- 💵 Dividend amount: Re. 0.0238 per unit.
- 📜 Eligibility: Unit holders registered as of November 4, 2025.
- 🏢 Management company: MCB Investment Management Limited.
- ✍️ Announcement made by: Muhammad Rehan Khan, Company Secretary.
- 🗓️ Announcement date: November 5, 2025.
- 📌 Purpose: Informs unit holders of the approved payout.
- ✅ Approval: Approved by the Board of Directors.
- 🏦 Beneficiaries: Unit holders appearing in the unit holder register.
🎯 Investment Thesis
Given the limited information provided, a HOLD recommendation is appropriate for ALHDDF. The daily dividend of Re. 0.0238 per unit is a positive, but further analysis is required to determine the fund’s long-term sustainability and comparative performance. A neutral price target is assigned until additional data is available.
Disclaimer: AI-generated analysis. Not financial advice.