L1 Long Short Fund Limited (ASX:LSF – Get Free Report) announced a interim dividend on Monday, March 3rd, MarketIndexAU Dividends reports. Shareholders of record on Sunday, April 6th will be paid a dividend of 0.063 per share on Sunday, April 6th. This represents a yield of 2.32%. 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.
L1 Long Short Fund Stock Performance
The stock has a market cap of $1.75 billion, a PE ratio of 10.21 and a beta of 1.09.
Insiders Place Their Bets
In other L1 Long Short Fund news, insider Raphael Lamm sold 61,891 shares of L1 Long Short Fund stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of A$2.87 ($1.81), for a total transaction of A$177,689.06 ($111,754.13). Insiders own 19.53% of the company’s stock.
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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