L1 Long Short Fund Limited (ASX:LSF) has declared a fully franked dividend of 3.9 cents per share for the first quarter of FY2027, payable on 8 December 2026, according to a company disclosure signed by Chair Andrew Larke.

Key Points

  • Fully franked dividend of 3.9 cents per share declared for Q1 FY2027
  • Dividend payable on 8 December 2026
  • Total FY2026 dividends paid across four quarters amounted to 14.60 cents per share
  • Dividend Reinvestment Plan (DRP) available to eligible shareholders with a registered address in Australia or New Zealand

Q1 FY2027 Dividend Declaration Details

L1 Long Short Fund Limited disclosed a fully franked dividend of 3.9 cents per share, payable on 8 December 2026. The dividend represents the first quarterly payment of the FY2027 financial year. The filing was signed by Andrew Larke, Chair of L1 Long Short Fund Limited. The company transitioned to a quarterly dividend structure in FY2026, having previously paid interim and final dividends on a half-yearly basis. The Q1 FY2027 dividend of 3.9 cents per share compares with the four quarterly dividends paid in FY2026 of 3.50, 3.60, 3.70, and 3.80 cents per share respectively.

Dividend History Since IPO

According to the filing, the company has paid dividends since IPO across both annual and quarterly structures. Under the prior half-yearly structure, total annual dividends were 4.50 cents per share in FY2021, 8.50 cents in FY2022, 10.50 cents in FY2023, 11.75 cents in FY2024, and 12.75 cents in FY2025. Following the transition to quarterly dividends in FY2026, the company paid a total of 14.60 cents per share across the four quarters of that financial year, comprising payments of 3.50, 3.60, 3.70, and 3.80 cents per share in Q1 through Q4 respectively.

Dividend Reinvestment Plan Availability

The filing states that shareholders may participate in the company's Dividend Reinvestment Plan (DRP). Eligibility is limited to shareholders holding fully paid ordinary shares with a registered address in Australia or New Zealand at the relevant dividend record date. Participation in the DRP is described as optional in the filing, which also states that shareholders are strongly encouraged to seek financial advice before making an election. The filing notes that participation may be varied or terminated at any time in accordance with the DRP rules.