L1 Long Short Fund Limited (ASX:LSF – Get Free Report) declared a interim dividend on Monday, March 3rd, MarketIndexAU Dividends reports. Shareholders of record on Sunday, April 6th will be given a dividend of 0.063 per share on Sunday, April 6th. This represents a dividend yield of 2.32%. The ex-dividend date is Sunday, March 16th. This is a boost from L1 Long Short Fund’s previous interim dividend of $0.06.
L1 Long Short Fund Stock Performance
The firm has a market cap of $1.75 billion, a P/E ratio of 10.21 and a beta of 1.09.
Insider Buying and Selling
In other L1 Long Short Fund news, insider Raphael Lamm sold 61,891 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of A$2.87 ($1.78), for a total transaction of A$177,689.06 ($110,365.88). 19.53% of the stock is owned by company insiders.
L1 Long Short Fund Company Profile
L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.
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