⚡ Flash Summary
MCB Investment Management Limited, the management company of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has announced a daily dividend distribution. The dividend payout is Re. 0.0244 per unit. This dividend will be distributed to unit holders whose names were registered as of the close of business on 14-OCT-25. The announcement was made on 15-OCT-2025.
📌 Key Takeaways
- 📢 ALHDDF announces daily dividend distribution.
- 💰 Dividend amount is Re. 0.0244 per unit.
- 📅 Record date for eligibility is 14-OCT-25.
- 🏢 MCB Investment Management Limited is the management company.
- 📜 The decision was approved by the Board of Directors.
- 🗓️ Announcement date: 15-OCT-2025.
- ✅ This is a payout to existing unit holders.
- 📈 Daily dividend funds provide regular income.
- 🏦 MCB Funds is a well-known investment house in Pakistan.
- 📍 The announcement was submitted to the Pakistan Stock Exchange.
🎯 Investment Thesis
A HOLD recommendation is appropriate at this time. While the dividend payout provides income, a complete analysis requires more data on the fund’s performance, asset allocation, and associated risks. Without this, investors should maintain their current position. The price target would depend on the net asset value and future potential dividends.
Disclaimer: AI-generated analysis. Not financial advice.