L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Andrew Larke purchased 50,000 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was bought at an average cost of A$2.68 ($1.70) per share, for a total transaction of A$134,000.00 ($84,810.13).
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 business also recently declared a Interim dividend, which will be paid on Sunday, April 6th. Investors of record on Sunday, April 6th will be paid a $0.063 dividend. This is a positive change from L1 Long Short Fund’s previous Interim dividend of $0.06. The ex-dividend date of this dividend is Sunday, March 16th. This represents a yield of 2.32%. L1 Long Short Fund’s payout ratio is currently 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.
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