L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Mark Landau acquired 94,874 shares of the company’s stock in a transaction dated Thursday, March 6th. The shares were bought at an average price of A$2.66 ($1.68) per share, for a total transaction of A$252,744.34 ($158,958.70).
L1 Long Short Fund Price Performance
The company has a market cap of $1.75 billion, a P/E 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. Shareholders of record on Sunday, April 6th will be paid a $0.063 dividend. This represents a 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’s dividend payout ratio (DPR) is 44.44%.
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.
Read More
- Five stocks we like better than L1 Long Short Fund
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Best Stocks Under $5.00
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- Why Invest in 5G? How to Invest in 5G Stocks
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Receive News & Ratings for L1 Long Short Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L1 Long Short Fund and related companies with MarketBeat.com's FREE daily email newsletter.
