Insider Buying: L1 Long Short Fund Limited (ASX:LSF) Insider Acquires A$105,330.86 in Stock

L1 Long Short Fund Limited (ASX:LSF) insider Mark Landau acquired 35,453 shares of the business’s stock in a transaction on Friday, April 26th. The stock was acquired at an average cost of A$2.97 ($1.95) per share, with a total value of A$105,330.86 ($69,296.62).

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

• On Monday, April 29th, Mark Landau purchased 10,400 shares of L1 Long Short Fund stock. The stock was bought at an average price of A$2.99 ($1.97) per share, with a total value of A$31,106.40 ($20,464.74).
• On Friday, April 5th, Mark Landau acquired 61,453 shares of L1 Long Short Fund stock. The stock was bought at an average cost of A$2.85 ($1.88) per share, with a total value of A$175,202.50 ($115,264.80).

L1 Long Short Fund Stock Performance

L1 Long Short Fund Increases Dividend

The business also recently disclosed a Interim dividend, which was paid on Monday, April 8th. Investors of record on Monday, April 8th were given a dividend of $0.058 per share. This represents a yield of 2.02%. This is a boost from L1 Long Short Fund’s previous Interim dividend of $0.05. The ex-dividend date was Sunday, March 17th. L1 Long Short Fund’s dividend payout ratio is currently 43.48%.

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.