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I am not dividend-focused enough (yet) to become a Phoenix Group shareholder

By Chris Bailey | Monday 13 March 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The last time I wrote about the insurance (and related) business Phoenix Group (PHNX), I observed that “I am sure there are fans…but not me”. Since then, the stock has moved from a c. 700p price to more like a 600p one, however it has also continued to yield more than 7%. I guess that means there is potentially something for everyone.

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