4 Good-Yielding Stocks With Strong Growth Prospects And A Low PEG Ratio
I searched for profitable companies with strong earnings growth prospects that pay rich dividends. Those stocks would have to show a low PEG ratio and a low debt. I have elaborated a screening method, which shows stock candidates following these lines. Nonetheless, the screening method should only serve as a basis for further research. All the data for this article were taken from Yahoo Finance and finviz.com. The screen's formula requires all stocks to comply with all following demands: The forward dividend yield is greater than 3.2%. The payout ratio is less than 65%. The PEG ratio is less or equal 1.00. Average annual earnings growth estimates for the next five years is greater than 16%. The trailing P/E is less than 18. The forward P/E is less than 18. Debt to equity is less than 0.75. After running this screen on August 07, 2013, before the market open, I... Read more