⚡ Flash Summary
ALHAMRA DAILY DIVIDEND FUND (ALHDDF) announced a daily dividend distribution of Re. 0.0242 per unit for the period ending October 23, 2025. This payout is for unit holders whose names appeared in the unit holder register at the close of the specified date. The announcement was made by MCB Investment Management Limited, the management company of ALHDDF, on behalf of its Board of Directors. This distribution represents a daily return for investors in the fund.
📌 Key Takeaways
- 💰 Daily dividend distribution announced for ALHAMRA DAILY DIVIDEND FUND (ALHDDF).
- 🗓️ Record date: October 23, 2025.
- 💵 Dividend amount: Re. 0.0242 per unit.
- 🏦 Management company: MCB Investment Management Limited.
- ✅ Approved by the Board of Directors.
- 📜 Unit holders registered by the close of October 23, 2025, will receive the dividend.
- 📈 This dividend represents a daily income for investors.
- 🔍 No information is available to compare with the previous dividend announcement to assess growth or consistency.
- ℹ️ The announcement aims to keep unit holders informed of their returns.
- 🗓️ Announcement date: 24-OCT-2025
🎯 Investment Thesis
Given the limited information, a HOLD recommendation is appropriate for ALHAMRA DAILY DIVIDEND FUND (ALHDDF). The daily dividend distribution of Re. 0.0242 per unit is a positive sign, but without historical data and a broader understanding of the fund’s performance and composition, it’s difficult to provide a strong BUY or SELL recommendation. Additional information, such as fund performance reports, expense ratios, and asset allocation, is needed to make a more informed decision. A price target cannot be determined without further information. The time horizon is indefinite, pending additional information.
Disclaimer: AI-generated analysis. Not financial advice.