⚡ Flash Summary
MCB Investment Management Limited, the management company of ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has announced a daily dividend distribution. The distribution, approved by the Board of Directors, amounts to Re. 0.0243 per unit. This dividend will be paid to unit holders whose names were registered as of November 29, 2025. The announcement was made on November 30, 2025, by Muhammad Rehan Khan, the Company Secretary.
📌 Key Takeaways
- 💰 ALHDDF announces a daily dividend distribution.
- 📅 The distribution is for November 29, 2025.
- 💵 Dividend amount: Re. 0.0243 per unit.
- 🏢 Management company: MCB Investment Management Limited.
- ✅ Approved by the Board of Directors.
- 📜 Eligibility: Unit holders registered as of November 29, 2025.
- ✍️ Announcement date: November 30, 2025.
- 👤 Announced by: Muhammad Rehan Khan, Company Secretary.
- 📌 The dividend is relatively small indicating a low risk fund.
- 📈 Potential for consistent returns through daily distributions.
- 📊 Investors should assess the fund’s overall performance and risk profile.
🎯 Investment Thesis
HOLD. Given the limited information, it’s prudent to maintain a HOLD stance on ALHDDF. The dividend announcement is a positive sign, but a comprehensive analysis of the fund’s financials, investment strategy, and risk profile is required before making a definitive investment decision. A price target cannot be accurately determined without further details. Conduct further due diligence before making changes.
Disclaimer: AI-generated analysis. Not financial advice.