L1 Long Short Fund Limited (ASX:LSF) Announces Dividend Increase – $0.06 Per Share

Posted by Jeff Wilder on Sep 6th, 2024

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) announced a final dividend on Thursday, September 5th, MarketIndexAU reports. Investors of record on Monday, September 30th will be given a dividend of 0.06 per share on Monday, September 30th. This represents a dividend yield of 1.96%. The ex-dividend date is Sunday, September 8th. This is a positive change from L1 Long Short Fund’s previous final dividend of $0.06.

L1 Long Short Fund Price Performance

Insiders Place Their Bets

In other L1 Long Short Fund news, insider Mark Landau purchased 16,528 shares of the stock in a transaction on Monday, July 8th. The shares were purchased at an average price of A$3.08 ($2.10) per share, with a total value of A$50,972.35 ($34,675.07). Company insiders own 19.30% of the company’s stock.

About L1 Long Short Fund

(Get Free Report)

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.