Raphael Lamm Buys 44,861 Shares of L1 Long Short Fund Limited (ASX:LSF) Stock

L1 Long Short Fund Limited (ASX:LSF) insider Raphael Lamm bought 44,861 shares of the stock in a transaction on Tuesday, May 21st. The shares were bought at an average price of A$3.13 ($2.09) per share, with a total value of A$140,414.93 ($93,609.95).

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

• On Thursday, May 16th, Raphael Lamm bought 18,889 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$3.04 ($2.03) per share, for a total transaction of A$57,479.23 ($38,319.48).
• On Tuesday, May 14th, Raphael Lamm bought 9,444 shares of L1 Long Short Fund stock. The stock was purchased at an average price of A$3.03 ($2.02) per share, for a total transaction of A$28,615.32 ($19,076.88).
• On Thursday, May 9th, Raphael Lamm purchased 5,667 shares of L1 Long Short Fund stock. The stock was acquired at an average cost of A$3.03 ($2.02) per share, for a total transaction of A$17,171.01 ($11,447.34).
• On Tuesday, May 7th, Raphael Lamm bought 17,472 shares of L1 Long Short Fund stock. The stock was bought at an average price of A$3.00 ($2.00) per share, for a total transaction of A$52,416.00 ($34,944.00).
• On Tuesday, April 23rd, Raphael Lamm purchased 16,072 shares of L1 Long Short Fund stock. The shares were purchased at an average cost of A$2.95 ($1.97) per share, for a total transaction of A$47,428.47 ($31,618.98).
• On Thursday, April 18th, Raphael Lamm bought 35,454 shares of L1 Long Short Fund stock. The shares were purchased at an average cost of A$2.94 ($1.96) per share, for a total transaction of A$104,163.85 ($69,442.57).
• On Tuesday, April 16th, Raphael Lamm purchased 16,545 shares of L1 Long Short Fund stock. The shares were acquired at an average price of A$2.93 ($1.96) per share, for a total transaction of A$48,543.03 ($32,362.02).
• On Thursday, April 11th, Raphael Lamm acquired 36,696 shares of L1 Long Short Fund stock. The shares were bought at an average cost of A$2.93 ($1.96) per share, for a total transaction of A$107,629.37 ($71,752.91).
• On Monday, March 4th, Raphael Lamm bought 354,000 shares of L1 Long Short Fund stock. The stock was acquired at an average price of A$2.82 ($1.88) per share, with a total value of A$998,634.00 ($665,756.00).

L1 Long Short Fund Price Performance

L1 Long Short Fund Increases Dividend

The company also recently declared a Interim dividend, which was paid on Monday, April 8th. Stockholders of record on Monday, April 8th were given a dividend of $0.058 per share. This represents a dividend yield of 2.02%. The ex-dividend date of this dividend was Sunday, March 17th. This is a positive change from L1 Long Short Fund’s previous Interim dividend of $0.05. L1 Long Short Fund’s payout ratio is presently 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.