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

Posted by Cynthia Vaughn on Mar 19th, 2025

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Mark Landau acquired 28,065 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased 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 stock was purchased 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 capitalization of $1.75 billion, a PE ratio of 10.21 and a beta of 1.09.

L1 Long Short Fund Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Sunday, March 16th. This represents a yield of 2.32%. This is a boost from L1 Long Short Fund’s previous Interim dividend of $0.06. L1 Long Short Fund’s dividend payout ratio is 44.44%.

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.