L1 Long Short Fund Limited (ASX:LSF) Insider Raphael Lamm Buys 16,545 Shares

L1 Long Short Fund Limited (ASX:LSF) insider Raphael Lamm acquired 16,545 shares of L1 Long Short Fund stock in a transaction on Tuesday, April 16th. The shares were purchased at an average cost of A$2.93 ($1.89) per share, with a total value of A$48,543.03 ($31,318.08).

Raphael Lamm also recently made the following trade(s):

• On Thursday, April 11th, Raphael Lamm acquired 36,696 shares of L1 Long Short Fund stock. The shares were purchased at an average cost of A$2.93 ($1.89) per share, with a total value of A$107,629.37 ($69,438.30).
• On Monday, March 4th, Raphael Lamm acquired 354,000 shares of L1 Long Short Fund stock. The shares were purchased at an average cost of A$2.82 ($1.82) per share, with a total value of A$998,634.00 ($644,280.00).
• On Friday, February 2nd, Raphael Lamm sold 515,485 shares of L1 Long Short Fund stock. The shares were sold at an average price of A$2.90 ($1.87), for a total value of A$1,493,875.53 ($963,790.66).

L1 Long Short Fund Stock Performance

L1 Long Short Fund Increases Dividend

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

About L1 Long Short Fund

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.