⚡ Flash Summary
MCB Investment Management Limited has approved a daily dividend distribution for the Alhambra Daily Dividend Fund (ALHDDF) as of November 28, 2025. A dividend of Re. 0.0245 per unit will be paid to the unit holders whose names appeared in the unit holder register. This distribution aims to provide regular income to the fund’s unit holders. The announcement was made by Muhammad Rehan Khan, the Company Secretary.
📌 Key Takeaways
- 📅 Announcement Date: November 29, 2025
- 📢 Issuer: MCB Investment Management Limited
- 💰 Fund: ALHAMRA DAILY DIVIDEND FUND (ALHDDF)
- 💸 Dividend per Unit: Re. 0.0245
- 🗓️ Record Date: November 28, 2025
- 🏦 Eligibility: Unit holders registered as of the record date
- ✅ Approval: Approved by the Board of Directors
- 💼 Management: Managed by MCB Investment Management Limited
- 📜 Announcement By: Muhammad Rehan Khan, Company Secretary
- 🇵🇰 Regulatory Body: Pakistan Stock Exchange Limited
- 🎯 Objective: Daily dividend distribution to unit holders
- 📈 Impact: Provides regular income to investors
🎯 Investment Thesis
HOLD. Given the limited information, a hold recommendation is appropriate. The dividend yield is too small to recommend buying, however, the investor is also earning the dividend payment so it is not appropriate to sell. Further information on the fund’s performance, asset allocation, and market conditions is needed to form a stronger opinion. The announcement itself provides no specific reason to change the current position.
Disclaimer: AI-generated analysis. Not financial advice.