L1 Long Short Fund Limited (ASX:LSF) to Issue Interim Dividend of $0.04

L1 Long Short Fund Limited (ASX:LSF) announced a interim dividend on Monday, February 23rd, MarketIndexAU Dividends reports. Investors of record on Thursday, March 19th will be paid a dividend of 0.036 per share on Thursday, March 19th. This represents a yield of 83.0%. The ex-dividend date of this dividend is Sunday, March 1st. This is a 2.9% increase from L1 Long Short Fund’s previous interim dividend of $0.04.

L1 Long Short Fund Stock Performance

The stock has a market capitalization of $1.75 billion, a P/E ratio of 10.21 and a beta of 1.09.

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.