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High Yield Dividend Stocks with Low Valuation

Based on Grey and Vogel’s research paper called “Analyzing Valuation Measures: A Performance Horse-Race over the past 40 Years,” the best valuation measure wasn’t the classic price-to-earnings (P/E) ratio.  It’s something similar to the P/E ratio though, with a more intimidating name: “EV-to-EBITDA.” Grey and Vogel found that buying the cheapest 25% of stocks based …

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