KARACHI Dawood Capital Management Ltd (DCM) announced handsome dividends for the year ended June 30, 2011, Says a press release. In its flagship fund Dawood Income Fund (formerly Dawood Money Market Fund) its returns were 28.31% pa with a payout of bonus dividend to unit holders of Rs. 11.10 per unit on NAV of June 30, 2011 of Rs. 83.9655 which is 16.96pc of the opening NAV of Rs. 65.4382. As an open-end fund, it can be encashed at any time, with 3-6 days notice.