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

L1 Long Short Fund Limited (ASX:LSF) insider Mark Landau purchased 28,065 shares of L1 Long Short Fund stock in a transaction on Wednesday, March 12th. The shares were acquired at an average cost of A$2.68 ($1.71) per share, with a total value 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 stock was acquired at an average price of A$2.66 ($1.70) per share, for a total transaction of A$252,744.34 ($160,983.65).

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.

L1 Long Short Fund Increases Dividend

The business 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 $0.063 dividend. This is an increase 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 presently 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.