$ASX:IFL

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IOOF Holdings’ price recently reached near its multi-year support & bounced back up somewhat. Currently it pays out about 6% dividend yield, so the combination of price weakness & respectable dividend payment could make it an interesting trade. IOOF should not be seen entirely as dividend income asset but instead viewed as a tradable stock IMO given is fairly volatile nature. Short term price target would be about AU$9.00 from current levels, representing ~6% upside.

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