L1 Long Short Fund Limited (ASX:LSF) Insider Acquires A$252,744.34 in Stock

L1 Long Short Fund Limited (ASX:LSFGet Free Report) insider Mark Landau purchased 94,874 shares of L1 Long Short Fund stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of A$2.66 ($1.69) per share, for a total transaction of A$252,744.34 ($159,964.77).

L1 Long Short Fund Price Performance

The company has a market cap of $1.75 billion, a PE ratio of 10.21 and a beta of 1.09.

L1 Long Short Fund Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Sunday, April 6th. Investors of record on Sunday, April 6th will be paid a dividend of $0.063 per share. The ex-dividend date of this dividend is Sunday, March 16th. This is a boost from L1 Long Short Fund’s previous Interim dividend of $0.06. This represents a yield of 2.32%. L1 Long Short Fund’s dividend payout ratio (DPR) is 44.44%.

L1 Long Short Fund Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for L1 Long Short Fund (ASX:LSF)

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