Aegon preferred

I really like the preferred stocks for the dutch insurer aegon. I currently own aeb. This is a floating rate preferred based on the 3 month libor rate. Even with the 3 month libor rate being so low, it is yielding around 15%. If and when libor rate goes up or when the stock market returns, this should definetly double in value. The dividend is safe as the insurer is getting billions of dollar from the dutch government to shore up its balance sheet. While you wait, you get a nice dividend.