Hyphenation of pegging

Wondering how to hyphenate the English word pegging? This word can be hyphenated and contains 2 syllables as shown below.

peg-ging

Definitions of pegging:

1.
Succeed in obtaining a position
He nailed down a spot at Harvard
2.
Pierce with a wooden pin or knock or thrust a wooden pin into
3.
Fasten or secure with a wooden pin
Peg a tent
4.
Stabilize (the price of a commodity or an exchange rate) by legislation or market operations
The weak currency was pegged to the US Dollar

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