L1 Global Long Short Fund Ltd (ASX:GLS – Get Free Report) insider Rachel Grimes (AM) acquired 24,576 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were bought at an average cost of A$1.90 per share, for a total transaction of A$46,694.40.
L1 Global Long Short Fund Stock Performance
L1 Global Long Short Fund Announces Dividend
The company also recently disclosed a Interim dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 19th will be issued a $0.01 dividend. The ex-dividend date is Wednesday, March 4th. This represents a yield of 51.0%.
The fund’s investment approach combines fundamental equity selection with portfolio-level risk management.
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