⚡ Flash Summary
MCB Investment Management Limited, the management company of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has announced a daily dividend distribution. The announcement, dated November 9, 2025, states that a dividend of Re. 0.0246 per unit will be paid to unit holders. This payout is for unit holders whose names were registered at the close of business on November 8, 2025. The dividend distribution is approved by the Board of Directors.
📌 Key Takeaways
- 📅 Announcement Date: November 9, 2025.
- 📢 Issuer: MCB Investment Management Limited, for ALHAMRA DAILY DIVIDEND FUND (ALHDDF).
- 💰 Dividend Amount: Re. 0.0246 per unit.
- 🗓️ Record Date: Unit holders registered as of November 8, 2025, will receive the dividend.
- 🏦 Approval: The dividend payout is approved by the Board of Directors.
- 📜 Purpose: Daily dividend distribution.
- 🏢 Management Company: MCB Investment Management Limited is the management company for the fund.
- 📄 Document Type: Official notification of dividend distribution.
- 📍 Location: Pakistan Stock Exchange Limited, Karachi.
- 👨💼 Signatory: Muhammad Rehan Khan, Company Secretary.
- ✅ Legitimacy: The announcement is system-generated.
🎯 Investment Thesis
HOLD. Given the limited information available (only the dividend amount), a definitive buy or sell recommendation cannot be made. More information on the fund’s portfolio, NAV, expense ratio, and historical performance is needed to assess its investment attractiveness. A HOLD recommendation is appropriate pending further analysis.
Disclaimer: AI-generated analysis. Not financial advice.