Mark Landau Buys 28,065 Shares of L1 Long Short Fund Limited (ASX:LSF) Stock

L1 Long Short Fund Limited (ASX:LSF) insider Mark Landau acquired 28,065 shares of L1 Long Short Fund stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of A$2.68 ($1.71) per share, for a total transaction of A$75,326.46 ($47,978.64).

Mark Landau also recently made the following trade(s):

• On Thursday, March 6th, Mark Landau acquired 94,874 shares of L1 Long Short Fund stock. The shares were bought at an average cost of A$2.66 ($1.70) per share, for a total transaction of A$252,744.34 ($160,983.65).

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 firm also recently announced a Interim dividend, which will be paid on Sunday, April 6th. Stockholders of record on Sunday, April 6th will be paid a dividend of $0.063 per share. This is a boost 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 dividend yield of 2.32%. L1 Long Short Fund’s dividend 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.