The PEGY is also known as the Price/Earnings to Growth and Dividend Yield Ratio or Dividend-yield adjusted PEG Ratio.
This is used by Peter Lynch and inversely by John Neff (who calls it the total return ratio). For stocks that pay a substantial dividend, the PEGY may be an even better measure than PEG. As with the PEG, the numbers are based on consensus analyst forecasts and therefore subject to forecasting errors.
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