This 12% Dividend Is Now On Sale (Thanks to a “Hidden” $30-Billion Move)
Michael Foster, Investment StrategistUpdated: September 18, 2025
At CEF Insider, we live for those times when a bad news story turns up a great dividend opportunity. And the headlines just served one up, putting a 12%+ dividend (in a hated sector, no less) on the table.
This special situation is intriguing because no one in America is talking about it. That’s because it comes from across the pond, in the UK. Specifically, I’m talking about one of the UK’s biggest insurers, Phoenix Group, pulling £22 billion (US$30 billion) from asset manager Aberdeen Group plc (SLFPY), reportedly to manage these funds in-house.
Aberdeen’s name might ring a bell if you’re a CEF Insider member, as we’ve held the firm’s funds in the past.… Read more