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U.S.

Dividend Champions

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

25+ Straight Years Higher Dividends


No.

Company
3M Company
Abbott Laboratories
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
CenturyLink Inc.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Conn. Water Service
Consolidated Edison
Diebold Inc.
Donaldson Company
Dover Corp.
Eaton Vance Corp.
Emerson Electric
Energen Corp.
ExxonMobil Corp.
Family Dollar Stores
Federal Realty Inv. Trust
Franklin Resources
Genuine Parts Co.

Symbol
MMM
ABT
ABM
AFL
APD
MO
AWR
ADM
T
ADP
BDX
BMS
BKH
BWL-A
BRC
BF-B
BCR
CWT
CSL
CTL
CB
CINF
CTAS
CLC
CLX
KO
CL
CBSH
CTBI
CTWS
ED
DBD
DCI
DOV
EV
EMR
EGN
XOM
FDO
FRT
BEN
GPC

Industry
Conglomerate
Drugs
Business Services
Insurance
Chemical-Specialty
Tobacco
Utility-Water
Agriculture
Telecommunications
Business Services
Medical Instruments
Packaging
Utility-Electric
Recreation
Business Services
Beverages-Alcoholic
Medical Instruments
Utility-Water
Rubber & Plastics
Telecommunications
Insurance
Insurance
Business Services
Auto Parts
Cleaning Products
Beverages-Non-alcoholic
Personal Products
Banking
Banking
Utility-Water
Utility-Electric
Business Equipment
Industrial Equipment
Machinery
Financial Services
Industrial Equipment
Utility-Gas
Oil & Gas
Retail-Discount
REIT-Shopping Centers
Financial Services
Auto Parts

Yrs

53
39
44
28
29
42
57
36
27
36
38
28
41
39
25
27
40
44
34
37
46
50
28
46
34
49
48
43
31
41
37
58
25
55
30
54
29
29
35
43
30
55

DRIP Fees 7/29/11


Seq DR

9
47
23
88
86
31
2
63
93
62
53
90
35
45
96
92
41
24
70
57
20
11
89
19
74
12
16
30
78
33
59
1
99
3
79
7
84
87
68
28
80
5

N
N
N
Y
Y
N
N
Y
N
N
N
N
N
N
N
N
N
Y
Y
N
N
Y
Y
N
N
N
N
N
Y
N
N
N
N
N
N

SP

N
N
N
Y
Y
N
Y
Y
N
N
N
N
N
Y
N
N
N
Y
Y
N
Y
Y
Y
N
Y
Y
N
N
N
N
N
N
N
N

Price Yield
87.14 2.52
51.32 3.74
22.50 2.49
46.06 2.61
88.73 2.61
26.30 5.78
34.19 3.28
30.38 2.11
29.26 5.88
51.49 2.80
83.61 1.96
31.60 3.04
29.88 4.89
12.55 5.10
29.60 2.43
73.56 1.74
98.68 0.77
18.31 3.36
43.23 1.57
37.11 7.81
62.48 2.50
27.33 5.85
32.55 1.51
44.06 0.95
71.59 3.35
68.01 2.76
84.38 2.75
40.91 2.25
27.12 4.57
25.33 3.67
52.60 4.56
30.24 3.70
55.38 1.08
60.47 1.82
26.82 2.68
49.09 2.81
58.81 0.92
79.79 2.36
53.11 1.36
87.34 3.07
126.96 0.79
53.16 3.39

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.5250 0.5500
4.76 2/16/11
2/18/11
3/12/11
0.4400 0.4800
9.09 4/13/11
4/15/11
5/16/11
0.1350 0.1400
3.70 1/4/11
1/6/11
2/7/11
0.2800 0.3000
7.14 11/15/10 11/17/10 12/1/10
0.4900 0.5800 18.37 3/30/11
4/1/11
5/9/11
0.3500 0.3800
8.57 9/13/10
9/15/10 10/12/10
0.2600 0.2800
7.69 5/10/11
5/12/11
6/1/11
0.1500 0.1600
6.67 2/15/11
2/17/11
3/10/11
0.4200 0.4300
2.38 1/5/11
1/7/11
2/1/11
0.3400 0.3600
5.88 12/8/10
12/10/10 1/1/11
0.3700 0.4100 10.81 12/8/10
12/10/10 12/31/10
0.2300 0.2400
4.35 2/11/11
2/15/11
3/1/11
0.3600 0.3650
1.39 2/11/11
2/15/11
3/1/11
0.1550 0.1600
3.23 1/4/11
1/6/11
2/8/11
0.1750 0.1800
2.86 10/6/10
10/8/10
10/29/10
0.3000 0.3200
6.67 12/3/10
12/7/10
12/27/10
0.1800 0.1900
5.56 7/21/11
7/25/11
8/5/11
0.1488 0.1538
3.36 2/3/11
2/7/11
2/18/11
0.1600 0.1700
6.25 8/13/10
8/17/10
9/1/10
0.7000 0.7250
3.57
3/5/10
3/9/10
3/22/10
0.3700 0.3900
5.41 3/16/11
3/18/11
4/5/11
0.3950 0.4000
1.27 9/20/10
9/22/10 10/15/10
0.4800 0.4900
2.08 11/10/10 11/12/10 12/15/10
0.0975 0.1050
7.69 10/6/10
10/8/10
10/22/10
0.5500 0.6000
9.09 7/25/11
7/27/11
8/12/11
0.4400 0.4700
6.82 3/11/11
3/15/11
4/1/11
0.5300 0.5800
9.43 4/22/11
4/26/11
5/16/11
0.2238 0.2300
2.77 3/9/11
3/11/11
3/28/11
0.3050 0.3100
1.64 9/13/11
9/15/11
10/1/11
0.2275 0.2325
2.20 8/30/10
9/1/10
9/15/10
0.5950 0.6000
0.84 2/14/11
2/16/11
3/15/11
0.2700 0.2800
3.70 2/16/11
2/21/11
3/7/11
0.1300 0.1500 15.38 6/8/11
6/10/11
6/24/11
0.2600 0.2750
5.77 8/27/10
8/31/10
9/15/10
0.1600 0.1800 12.50 10/27/10 10/29/10 11/10/10
0.3350 0.3450
2.99 11/10/10 11/12/10 12/10/10
0.1300 0.1350
3.85 2/11/11
2/15/11
3/1/11
0.4400 0.4700
6.82 5/11/11
5/13/11
6/10/11
0.1550 0.1800 16.13 3/11/11
3/15/11
4/15/11
0.6600 0.6700
1.52 9/21/10
9/23/10 10/15/10
0.2200 0.2500 13.64 12/29/10 12/31/10 1/7/11
0.4100 0.4500
9.76 3/9/11
3/11/11
4/1/11

Qtly
Sch

C12
B15
B01
C01
B09
A12
C01
C10
B01
A01
A04
C01
C01
B13
A30
C27
B05
B18
C01
C22
A05
A15
Dec
A23
B12
A01
B16
C28
A01
C15
C15
C07
C24
C15
B10
C10
C01
C10
A15
A15
A08
A01

U.S. Dividend Champions

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

25+ Straight Years Higher Dividends


No.

Company
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw-Hill Companies
Medtronic Inc.
MGE Energy Inc.
Middlesex Water Co.
Mine Safety Appliances
NACCO Industries
National Fuel Gas
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic Int'l
Parker-Hannifin Corp.
Pentair Inc.
PepsiCo Inc.
Piedmont Natural Gas
Pitney Bowes Inc.
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.
Stanley Black & Decker
Stepan Company
Sysco Corp.

Symbol
GRC
FUL
HCP
HP
HRL
ITW
JNJ
KMB
LANC
LEG
LOW
MKC
MCD
MHP
MDT
MGEE
MSEX
MSA
NC
NFG
NDSN
NWN
NUE
ORI
PH
PNR
PEP
PNY
PBI
PPG
PG
STR
RAVN
RLI
RPM
SHW
SIAL
SJW
SON
SWK
SCL
SYY

Industry
Machinery
Chemical-Specialty
REIT-Health Care
Oil & Gas
Food Processing
Machinery
Drugs/Consumer Prod.
Personal Products
Food/Consumer Prod.
Furniture/Bldg. Prod.
Retail-Home Improv.
Food Processing
Restaurants
Publishing
Medical Devices
Utility-Electric/Gas
Utility-Water
Medical/Safety Equip.
Machinery/Consumer
Utility-Gas
Machinery
Utility-Gas
Steel & Iron
Insurance
Industrial Equipment
Industrial Equipment
Beverages/Snack Food
Utility-Gas
Business Equipment
Conglomerate
Consumer Products
Utility-Gas
Business Equipment
Insurance
Chemical-Specialty
Paints
Chemical-Specialty
Utility-Water
Packaging
Tools/Security Products
Cleaning Products
Food-Wholesale

Yrs

39
42
26
39
45
47
49
39
48
39
49
25
34
38
34
34
38
40
26
41
47
55
38
30
54
35
39
33
29
40
55
32
25
36
37
33
35
44
28
44
43
41

DRIP Fees 7/29/11


Seq DR

48
32
94
50
22
18
13
46
15
42
14
97
72
55
73
71
51
40
95
36
17
4
54
82
8
66
49
76
85
39
6
77
98
64
58
75
67
25
91
26
29
34

N
N
N
N
N
N
Y
N
N
N
N
N
Y
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
N
Y
N

SP

N
N
N
N
N
N
N
N
Y
N
Y
N
Y
N
N
N
N
N
N
Y
N
N
N
N
N
Y
Y
N
N
N
N
N
N
N
Y
Y

Price Yield
32.58 1.10
22.86 1.31
36.73 5.23
69.05 0.41
28.97 1.76
49.80 2.73
64.79 3.52
65.36 4.28
60.13 2.20
21.70 4.98
21.58 2.59
48.65 2.30
86.48 2.82
41.60 2.40
36.05 2.69
41.08 3.65
18.29 3.99
34.12 3.05
90.88 2.34
72.38 1.96
51.03 0.82
44.61 3.90
38.89 3.73
10.44 6.70
79.02 1.87
36.81 2.17
64.04 3.22
29.17 3.98
21.55 6.87
84.20 2.71
61.49 3.42
18.43 3.31
52.83 1.36
63.15 1.90
21.08 3.98
77.17 1.89
67.10 1.07
23.52 2.93
32.05 3.62
65.77 2.49
79.30 1.31
30.59 3.40

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.0840 0.0900
7.14 5/11/11
5/13/11
6/10/11
0.0700 0.0750
7.14 4/26/11
4/28/11
5/12/11
0.4650 0.4800
3.23 2/8/11
2/10/11
2/23/11
0.0600 0.0700 16.67 8/11/11
8/15/11
9/1/11
0.1050 0.1275 21.43 1/20/11
1/23/11
2/15/11
0.3100 0.3400
9.68 9/28/10
9/30/10 10/13/10
0.5400 0.5700
5.56 5/27/11
5/31/11
6/14/11
0.6600 0.7000
6.06 3/2/11
3/4/11
4/4/11
0.3000 0.3300 10.00 12/8/10
12/10/10 12/31/10
0.2600 0.2700
3.85 9/13/10
9/15/10 10/15/10
0.1100 0.1400 27.27 7/18/11
7/20/11
8/3/11
0.2600 0.2800
7.69 12/29/10 12/31/10 1/14/11
0.5500 0.6100 10.91 11/29/10 12/1/10
12/15/10
0.2350 0.2500
6.38 2/22/11
2/24/11
3/10/11
0.2250 0.2425
7.78 7/6/11
7/8/11
7/29/11
0.3684 0.3751
1.82 8/30/10
9/1/10
9/15/10
0.1800 0.1825
1.39 11/11/10 11/15/10 12/1/10
0.2500 0.2600
4.00 5/19/11
5/23/11
6/10/11
0.5225 0.5325
1.91 5/27/11
6/1/11
6/15/11
0.3450 0.3550
2.90 6/28/11
6/30/11
7/15/11
0.0950 0.1050 10.53 8/27/10
8/31/10
9/14/10
0.4150 0.4350
4.82 10/27/10 10/29/10 11/15/10
0.3600 0.3625
0.69 12/29/10 12/31/10 2/11/11
0.1725 0.1750
1.45 3/2/11
3/4/11
3/15/11
0.3200 0.3700 15.63 5/6/11
5/10/11
6/3/11
0.1900 0.2000
5.26 1/26/11
1/28/11
2/11/11
0.4800 0.5150
7.29 6/1/11
6/3/11
6/30/11
0.2800 0.2900
3.57 3/23/11
3/25/11
4/15/11
0.3650 0.3700
1.37 2/16/11
2/18/11
3/12/11
0.5500 0.5700
3.64 5/6/11
5/10/11
6/10/11
0.4818 0.5250
8.97 4/27/11
4/29/11
5/16/11
0.1400 0.1525
8.93 3/2/11
3/4/11
3/21/11
0.1600 0.1800 12.50 3/29/11
3/31/11
4/15/11
0.2900 0.3000
3.45 5/26/11
5/31/11
6/20/11
0.2050 0.2100
2.44 10/14/10 10/18/10 10/29/10
0.3600 0.3650
1.39 2/23/11
2/25/11
3/11/11
0.1600 0.1800 12.50 2/25/11
3/1/11
3/15/11
0.1700 0.1725
1.47 2/3/11
2/7/11
3/1/11
0.2800 0.2900
3.57 5/10/11
5/13/11
6/10/11
0.3400 0.4100 20.59 2/28/11
3/2/11
3/22/11
0.2400 0.2600
8.33 11/26/10 11/30/10 12/15/10
0.2500 0.2600
4.00 1/5/11
1/7/11
1/28/11

Qtly
Sch

C10
B12
B23
C01
B15
A13
C14
A04
C31
A15
B03
A14
C15
C10
A29
C15
C01
C10
C15
A15
C14
B13
B11
C15
C04
B11
C30
A15
C12
C10
B16
C21
A15
C20
A30
C11
C15
C01
C10
C22
C15
A22

U.S. Dividend Champions

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

25+ Straight Years Higher Dividends


No.

Company
Target Corp.
Telephone & Data Sys.
Tennant Company
Tompkins Financial Corp.
Tootsie Roll Industries
United Bankshares Inc.
Universal Corp.
Valspar Corp.
Vectren Corp.
VF Corp.
W.W. Grainger Inc.
Walgreen Company
Wal-Mart Stores Inc.
Washington REIT
Weyco Group Inc.
WGL Holdings Inc.
Averages for

Symbol
TGT
TDS
TNC
TMP
TR
UBSI
UVV
VAL
VVC
VFC
GWW
WAG
WMT
WRE
WEYS
WGL
100

Industry
Retail-Discount
Telecommunications
Machinery
Banking
Confectioner
Banking
Tobacco
Paints
Utility-Electric/Gas
Apparel
Electronics-Wholesale
Retail-Drugstores
Retail-Discount
REIT-Office/Industrial
Footwear
Utility-Gas
companies:

Yrs

DRIP Fees 7/29/11


Seq DR

44
27
37
60
39
43
25 100
46
21
37
56
40
37
30
81
51
10
38
52
40
38
36
65
37
61
39
44
29
83
35
69
38.7

Y
N
N
N
N
N
N
N
Y
N
N
N
N

SP

Y
N
N
N
N
N
Y
N
Y
Y
Y
N
N

Price Yield
51.49 2.33
28.36 1.66
42.81 1.59
40.40 3.56
28.05 1.14
23.86 5.03
36.72 5.23
32.87 2.19
26.41 5.23
116.80 2.16
148.37 1.78
39.04 2.31
52.71 2.77
32.02 5.42
23.16 2.76
38.81 3.99
49.00 2.96

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.2500 0.3000 20.00 8/16/11
8/18/11
9/10/11
0.1125 0.1175
4.44 3/15/11
3/17/11
3/31/11
0.1400 0.1700 21.43 11/26/10 11/30/10 12/15/10
0.3400 0.3600
5.88 8/3/11
8/5/11
8/15/11
0.0777 0.0800
3.00 3/4/11
3/8/11
4/8/11
0.2900 0.3000
3.45
12/9/09 12/11/09
1/4/10
0.4700 0.4800
2.13 1/6/11
1/10/11
2/14/11
0.1600 0.1800 12.50 12/23/10 12/27/10 1/14/11
0.3400 0.3450
1.47 11/11/10 11/15/10 12/1/10
0.6000 0.6300
5.00 12/8/10
12/10/10 12/20/10
0.5400 0.6600 22.22 5/5/11
5/9/11
6/1/11
0.1750 0.2250 28.57 8/17/11
8/19/11
9/12/11
0.3025 0.3650 20.66 3/9/11
3/11/11
4/4/11
0.4325 0.4338
0.29 12/13/10 12/15/10 12/30/10
0.1500 0.1600
6.67
5/27/10
6/1/10
7/1/10
0.3775 0.3875
2.65 4/6/11
4/8/11
5/1/11
6.63

Qtly
Sch

C10
C31
C15
B15
A08
A04
B14
A15
C01
C18
C01
C12
A04
C30
A01
B01

U.S. Dividend Champions

Fundamental Data

cate increase
(and American
(by Ex-Div.
Depository
Date) expected
Receipts)
in next 1-2 months
dicate last increase more than a year ago (Ex-Div Date)

25+ Straight Years Higher Dividends


&=MultiIncThisYr

Company
3M Company
Abbott Laboratories
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
CenturyLink Inc.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Conn. Water Service
Consolidated Edison
Diebold Inc.
Donaldson Company
Dover Corp.
Eaton Vance Corp.
Emerson Electric
Energen Corp.
ExxonMobil Corp.
Family Dollar Stores
Federal Realty Inv. Trust
Franklin Resources
Genuine Parts Co.

Symbol
MMM
ABT
ABM
AFL
APD
MO
AWR
ADM
T
ADP
BDX
BMS
BKH
BWL-A
BRC
BF-B
BCR
CWT
CSL
CTL
CB
CINF
CTAS
CLC
CLX
KO
CL
CBSH
CTBI
CTWS
ED
DBD
DCI
DOV
EV
EMR
EGN
XOM
FDO
FRT
BEN
GPC

Note

Also Class A

Div=Annual
Being Acq'd??

Adj/Stock Div

Being Acq'd??

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
2.20
37.35
51.7
14.79 12
5.89
1.13
2.17
3.50
6.29
7.07
12.4
12.3
61,830
78.40
1.92
58.54
50.6
15.65 12
3.28
1.25
2.15
3.26
4.63
4.99
7.8
8.9
79,770
45.07
0.56
45.90
12.7
18.44 10
1.22
1.56
0.31
1.55
1.45
1.70
17.2
9.9
1,200
18.56
1.20
27.03
(5.2) 10.37 12
4.44
0.61
1.03
1.95
6.26
6.47
3.4
12.1
21,540
44.06
2.32
43.20
49.4
16.52 9
5.37
1.20
1.93
3.04
5.73
6.50
13.4
12.9
18,860
71.75
1.52
92.68 192.1
16.04 12
1.64
1.60
3.35 11.97
2.04
2.18
6.9
8.1
55,610
21.82
1.12
65.12
21.1
19.88 12
1.72
3.08
1.56
1.66
2.03
2.15
5.9
5.5
638
31.24
0.64
19.69 (30.0)
9.35 6
3.25
0.94
0.27
1.18
3.29
3.37
2.4
9.8
19,380
26.50
1.72
50.00 (23.7)
8.51 12
3.44
2.15
1.39
1.54
2.38
2.55
7.1
5.7 173,280
25.79
1.44
58.78
97.1
21.02 6
2.45
1.73
2.71
4.16
2.74
3.04
10.9
10.9
25,730
38.41
1.64
28.77
52.3
14.67 9
5.70
1.50
2.43
3.56
5.63
6.22
10.5
9.9
18,290
66.87
0.96
47.06
11.3
15.49 12
2.04
1.58
0.66
1.80
2.19
2.51
14.6
9.1
3,330
28.06
1.46
89.02
(6.9) 18.22 12
1.64
3.39
0.93
1.07
1.78
2.28
28.1
5.0
1,180
28.12
0.64 213.33
83.4
41.83 6
0.30
2.46
1.81
n/a
n/a
65
10.87
0.72
37.89
(1.9) 15.58 7
1.90
1.28
1.19
1.39
2.19
2.51
14.6
10.6
1,560
24.88
1.28
32.82 109.0
18.86 4
3.90
1.54
4.15
5.21
3.69
4.07
10.3
12.9
10,670
54.25
0.76
20.05 129.0
26.04 12
3.79
1.38
2.97
4.53
6.38
7.05
10.5
11.2
8,450
75.88
0.62
66.85
25.5
19.90 12
0.92
1.93
1.64
1.78
1.06
1.13
6.6
9.0
764
16.93
0.68
27.42
23.2
17.43 12
2.48
1.14
1.00
1.96
2.95
3.63
23.1
12.9
2,640
27.97
2.90
97.32 (19.2) 12.45 12
2.98
2.51
3.22
1.18
2.63
2.73
3.8
5.6
22,290
35.10
1.56
22.45 (31.0)
8.99 12
6.95
1.16
1.34
1.19
5.66
6.00
6.0
9.5
17,860
52.17
1.60
70.48 (31.4) 12.04 12
2.27 10.08
1.18
0.88
0.55
1.51 174.5
4.9
4,460
26.40
0.49
31.61
33.9
21.00 5
1.55
1.52
1.28
1.92
2.01
2.27
12.9
10.7
4,730
24.99
0.42
19.18
56.0
20.12 11
2.19
1.52
2.06
2.72
2.41
2.70
12.0
12.0
2,220
33.22
2.40
60.30
n/a 17.99 6
3.98
2.01
1.77
N/A
3.88
4.06
4.6
9.2
9,550
60.56
1.88
35.01
59.0
12.66 12
5.37
1.92
3.74
4.49
3.88
4.30
10.8
9.1 155,950
54.43
2.32
48.43 266.4
17.62 12
4.79
1.87
2.64 17.15
5.07
5.55
9.5
8.9
41,250
73.12
0.92
32.62
4.1
14.51 12
2.82
1.89
3.61
1.68
3.00
3.05
1.7
7.2
3,550
35.51
1.24
52.99 (21.7) 11.59 12
2.34
1.18
2.72
1.19
2.37
2.47
4.2
9.7
415
24.60
0.93
73.23
31.5
19.94 12
1.27
6.80
3.24
1.95
1.25
1.27
1.6
3.0
220
21.00
2.40
64.34
(7.0) 14.10 12
3.73
4.35
1.17
1.38
3.55
3.69
3.9
3.4
15,390
45.90
1.12 -177.78
n/a -48.00 12
-0.63
1.36
0.71
2.11
2.04
2.31
13.2
10.9
1,970
25.00
0.60
22.39 102.2
20.66 7
2.68
1.60
1.95
4.45
2.82
3.22
14.2
12.3
4,230
40.86
1.10
24.07
16.0
13.23 12
4.57
1.05
1.43
2.29
4.58
5.27
15.1
12.6
11,250
43.23
0.72
46.75 124.1
17.42 10
1.54
1.63
2.55
6.49
1.82
2.20
20.9
9.0
3,110
25.60
1.38
44.37
56.9
15.78 9
3.11
0.99
1.65
3.51
3.27
3.86
18.0
15.2
36,900
44.87
0.54
14.52
18.5
15.81 12
3.72
1.73
2.95
2.00
3.84
4.12
7.3
8.9
4,240
42.09
1.88
26.78
15.7
11.37 12
7.02
1.83
1.10
2.65
8.68
9.11
5.0
5.0 393,050
58.05
0.72
24.00 107.3
17.70 8
3.00
1.16
0.77
5.46
3.09
3.57
15.5
14.8
6,460
40.58
2.68 132.67 196.3
43.24 12
2.02
3.53
9.87
4.57
3.99
4.19
5.0
6.2
5,440
74.66
1.00
13.00
58.2
16.51 9
7.69
1.27
4.41
3.41
8.82
9.75
10.5
11.3
28,170
93.95
1.80
53.89
42.5
15.92 12
3.34
1.37
0.70
2.87
3.49
3.81
9.2
11.1
8,360
41.60

U.S. Dividend Champions

Fundamental Data

cate increase
(and American
(by Ex-Div.
Depository
Date) expected
Receipts)
in next 1-2 months
dicate last increase more than a year ago (Ex-Div Date)

25+ Straight Years Higher Dividends


&=MultiIncThisYr

Company
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw-Hill Companies
Medtronic Inc.
MGE Energy Inc.
Middlesex Water Co.
Mine Safety Appliances
NACCO Industries
National Fuel Gas
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic Int'l
Parker-Hannifin Corp.
Pentair Inc.
PepsiCo Inc.
Piedmont Natural Gas
Pitney Bowes Inc.
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.
Stanley Black & Decker
Stepan Company
Sysco Corp.

Symbol
GRC
FUL
HCP
HP
HRL
ITW
JNJ
KMB
LANC
LEG
LOW
MKC
MCD
MHP
MDT
MGEE
MSEX
MSA
NC
NFG
NDSN
NWN
NUE
ORI
PH
PNR
PEP
PNY
PBI
PPG
PG
STR
RAVN
RLI
RPM
SHW
SIAL
SJW
SON
SWK
SCL
SYY

Note

Also MKCV

Class A and B

FY Streak,&

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
0.36
26.28
89.3
23.78 12
1.37
1.13
2.22
3.39
1.52
1.75
15.1
19.0
684
19.80
0.30
18.52
(1.1) 14.11 11
1.62
1.00
0.79
1.56
1.88
2.13
13.3
12.2
1,120
18.64
1.92 101.05
20.5
19.33 12
1.90 1.86 11.52 1.69 2.53 2.79 10.3
7.8 14,910 31.87
0.28
12.17
80.8
30.02 9
2.30
1.29
3.42
2.45
3.92
4.63
18.1
13.7
7,390
35.56
0.51
29.82
49.3
16.94 10
1.71
1.80
1.02
2.96
1.71
1.78
4.1
9.4
7,740
21.11
1.36
37.67
21.3
13.80 12
3.61
0.97
1.51
2.40
3.82
4.48
17.3
13.4
24,900
40.33
2.28
54.55
43.3
15.50 12
4.18
2.16
2.81
2.98
4.97
5.29
6.4
6.0 177,600
56.99
2.80
66.04
73.8
15.42 12
4.24
1.76
1.27
4.41
4.86
5.27
8.4
7.6
25,630
61.06
1.32
36.97
57.6
16.84 6
3.57
1.68
1.53
3.32
3.59
3.96
10.3
10.0
1,650
43.28
1.08
93.10
34.9
18.71 12
1.16
1.06
0.92
2.19
1.39
1.72
23.7
14.7
3,100
18.83
0.56
39.44
5.2
15.20 1
1.42
0.92
0.58
1.64
1.63
1.90
16.6
14.4
28,100
19.35
1.12
39.02
73.2
16.95 11
2.87 1.96 1.89 3.98 2.78 3.12 12.2
8.9
6,440 38.54
2.44
49.39 120.2
17.51 12
4.94
1.62
3.53
6.23
5.21
5.72
9.8
10.2
89,730
68.59
1.00
36.76
99.1
15.29 12
2.72
1.31
2.08
5.83
2.88
3.18
10.4
11.0
12,680
27.08
0.97
33.92
16.2
12.60 4
2.86
1.35
2.40
2.41
3.46
3.78
9.2
7.7
38,250
30.80
1.50
56.62
10.7
15.50 12
2.65
3.74
1.76
1.78
2.74
2.70
(1.5)
4.0
949
35.56
0.73
73.00
16.9
18.29 12
1.00
6.39
2.77
1.68
0.98
1.04
6.1
2.9
285
15.90
1.04
81.89
79.2
26.87 12
1.27
0.80
1.20
2.69
1.90
2.28
20.0
22.4
1,250
22.48
2.13
13.63 (38.2)
5.81 12
15.63
0.13
0.27
1.48 13.00 14.40
10.8
53.8
763
75.21
1.42
46.25
86.0
23.58 9
3.07
9.21
3.44
3.30
2.67
3.08
15.4
2.9
5,990
42.83
0.42
13.08
99.4
15.90 10
3.21
1.20
3.02
5.63
3.40
3.76
10.6
12.5
3,480
30.68
1.74
66.41
12.1
17.03 12
2.62
4.95
1.41
1.66
2.52
2.72
7.9
3.6
1,190
43.57
1.45
97.97
40.9
26.28 12
1.48
1.25
0.72
1.70
2.64
3.75
42.0
11.8
12,290
35.71
0.70 -2333.33
n/a -348.00 12
-0.03
6.02
0.64
0.68
0.18
0.89 394.4
9.6
2,660
10.58
1.48
24.92
17.1
13.30 6
5.94
1.23
1.09
2.32
6.37
7.51
17.9
10.1
12,810
58.71
0.80
37.21
13.4
17.12 12
2.15
1.34
1.18
1.69
2.46
2.96
20.3
11.2
3,620
29.41
2.06
52.42
81.9
16.30 12
3.93
1.67
1.67
4.57
4.49
4.90
9.1
8.5 101,230
62.05
1.16
73.89
28.8
18.58 10
1.57
4.01
1.45
2.01
1.59
1.67
5.0
4.6
2,100
26.15
1.48 102.07
n/a 14.86 12
1.45
1.16
0.82
N/A
2.28
2.30
0.9
8.1
4,390
19.06
2.28
35.96
44.8
13.28 12
6.34
1.14
0.97
3.55
6.80
7.33
7.8
10.9
13,320
63.12
2.10
55.26
37.5
16.18 6
3.80
1.72
2.14
2.63
3.93
4.26
8.4
9.1 171,640
59.17
0.61
42.07
30.4
12.71 12
1.45
3.07
2.78
3.01
1.10
1.18
7.3
5.5
3,270
16.03
0.72
30.25 144.5
22.20 1
2.38
1.48
2.82
6.06
2.51
2.82
12.4
14.2
955
30.00
1.20
17.96 (16.7)
9.45 12
6.68
1.33
2.32
1.65
4.95
4.25 (14.1)
9.6
1,330
50.86
0.84
57.93
22.2
14.54 5
1.45
1.31
0.83
2.31
1.45
1.66
14.5
11.1
2,750
16.07
1.46
32.09
96.3
16.96 12
4.55
1.39
1.02
5.11
4.83
5.84
20.9
11.5
8,220
66.13
0.72
21.24
84.5
19.79 12
3.39
2.01
3.52
3.87
3.71
4.07
9.7
9.0
8,170
51.44
0.69
53.91
18.2
18.38 12
1.28
1.69
1.97
1.71
0.99
1.12
13.1
14.1
437
21.88
1.16
58.29
22.0
16.11 12
1.99
1.99
0.74
2.08
2.47
2.84
15.0
6.5
3,200
30.40
1.64
45.68
10.1
18.32 12
3.59
4.28
1.14
1.49
5.28
6.08
15.2
2.9
11,060
52.32
1.04
18.21
17.8
13.89 12
5.71
1.15
0.54
2.25
6.41
7.13
11.2
10.8
806
53.55
1.04
53.06
72.3
15.61 6
1.96
2.09
0.46
4.28
1.97
2.08
5.6
7.4
17,850
27.13

U.S. Dividend Champions

Fundamental Data

cate increase
(and American
(by Ex-Div.
Depository
Date) expected
Receipts)
in next 1-2 months
dicate last increase more than a year ago (Ex-Div Date)

25+ Straight Years Higher Dividends


&=MultiIncThisYr

Company
Target Corp.
Telephone & Data Sys.
Tennant Company
Tompkins Financial Corp.
Tootsie Roll Industries
United Bankshares Inc.
Universal Corp.
Valspar Corp.
Vectren Corp.
VF Corp.
W.W. Grainger Inc.
Walgreen Company
Wal-Mart Stores Inc.
Washington REIT
Weyco Group Inc.
WGL Holdings Inc.
Averages for

Symbol Note
TGT
TDS
TNC
TMP
TR
Adj/Stock Div
UBSI
UVV
VAL
VVC
VFC
GWW
WAG
WMT
WRE
WEYS
WGL
100

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
1.20
29.34
12.9
12.59 1
4.09
1.14
0.51
2.28
4.14
4.41
6.5
10.9
35,480
45.65
0.47
36.15 (13.0) 21.82 12
1.30
1.07
0.59
0.78
1.39
1.48
6.5
19.1
2,940
28.58
0.68
35.98
95.1
22.65 12
1.89
1.18
1.23
3.78
1.78
2.25
26.4
20.4
819
28.11
1.44
45.71
(6.0) 12.83 12
3.15
1.57
2.89
1.55
3.21
3.57
11.2
8.0
440
35.93
0.32
35.56
84.2
31.17 12
0.90
3.61
3.15
2.45
0.89
0.95
6.7
8.7
1,630
23.52
1.20
72.73
(8.9) 14.46 12
1.65
1.88
3.79
1.29
1.63
1.84
12.9
7.8
1,040
22.09
1.92
35.42 (48.5)
6.77 3
5.42
N/A
0.33
0.88
3.05
N/A
n/a
n/a
850
35.36
0.72
33.33
16.6
15.22 10
2.16
1.27
0.86
2.01
2.55
2.93
14.9
10.1
3,080
29.07
1.38
97.18
11.0
18.60 12
1.42
2.86
1.05
1.49
1.72
1.90
10.5
5.4
2,160
24.08
2.52
44.21
67.8
20.49 12
5.70
1.48
1.62
3.09
7.48
8.14
8.8
10.6
12,780
70.09
2.64
31.35
77.9
17.62 12
8.42
1.23
1.37
4.04
8.77
9.88
12.7
13.8
10,370 104.48
0.90
35.43
28.3
15.37 8
2.54
1.11
0.50
2.41
2.63
3.02
14.8
13.4
35,350
26.77
1.46
31.88
20.5
11.51 1
4.58
1.15
0.43
2.84
4.46
4.91
10.1
10.3 183,040
50.00
1.74 299.14 150.1
55.21 12
0.58
6.54
7.03
2.55
2.02
2.08
3.0
2.4
2,110
29.05
0.64
55.65
16.6
20.14 12
1.15
N/A
1.14
1.52
N/A
N/A
n/a
n/a
263
22.25
1.55
61.75
4.2
15.46 9
2.51
4.73
0.73
1.58
2.07
2.44
17.9
4.0
1,990
34.69
24.78
42.6
13.24
3.12
2.10
1.98
2.91
3.40
3.78
16.7
6.9
24,161
39.40

U.S. Dividend Champions

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

25+ Straight Years Higher Dividends

Company
3M Company
Abbott Laboratories
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
CenturyLink Inc.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Conn. Water Service
Consolidated Edison
Diebold Inc.
Donaldson Company
Dover Corp.
Eaton Vance Corp.
Emerson Electric
Energen Corp.
ExxonMobil Corp.
Family Dollar Stores
Federal Realty Inv. Trust
Franklin Resources
Genuine Parts Co.

52-week % from % from


Symbol High
Low
High
MMM
98.19
11.1
11.3
ABT
54.24
13.9
5.4
ABM
27.14
21.2
17.1
AFL
59.54
4.5
22.6
APD
98.00
23.7
9.5
MO
28.13
20.5
6.5
AWR
38.59
9.4
11.4
ADM
38.02
14.6
20.1
T
31.94
13.5
8.4
ADP
55.12
34.1
6.6
BDX
89.75
25.0
6.8
BMS
34.40
12.6
8.1
BKH
34.85
6.3
14.3
BWL-A
15.45
15.5
18.8
BRC
38.73
19.0
23.6
BF-B
77.25
35.6
4.8
BCR
113.84
30.0
13.3
CWT
19.37
8.2
5.5
CSL
50.60
54.6
14.6
CTL
46.87
5.7
20.8
CB
66.00
19.8
5.3
CINF
34.33
3.5
20.4
CTAS
34.54
30.3
5.8
CLC
48.77
32.6
9.7
CLX
75.44
18.2
5.1
KO
69.82
24.9
2.6
CL
89.43
15.4
5.6
CBSH
44.00
15.2
7.0
CTBI
30.35
10.2
10.6
CTWS
28.27
20.6
10.4
ED
54.36
14.6
3.2
DBD
37.12
21.0
18.5
DCI
63.04
35.5
12.2
DOV
70.15
39.9
13.8
EV
34.09
4.8
21.3
EMR
62.24
9.4
21.1
EGN
65.44
39.7
10.1
XOM
88.23
37.5
9.6
FDO
56.92
30.9
6.7
FRT
90.58
17.0
3.6
BEN
137.56
35.1
7.7
GPC
57.66
27.8
7.8

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

5/10
A/D*
0.746
1.097
0.903
0.984
0.896
1.268
1.498
0.957
1.029
1.170
1.042
0.747
0.817
0.571
1.203
0.962
1.267
1.092
1.159
2.062
1.401
0.713
0.853
1.611
1.359
0.948
1.034
0.483
0.590
1.196
0.978
0.992
0.910
1.216
0.688
1.544
1.199
1.251
0.939
1.192
1.231
1.364

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
2.9
10.3
3.8
1.8
7.3
9.2
3.0
7.1
2.4
3.0
12.1
2.2
1.4
0.8
2.9
4.3
2.9
0.8
4.8
3.6
5.8
1.3
2.1
8.2
9.4
7.3
18.0
2.8
0.8
2.8
0.8
3.8
7.6
4.9
5.6
1.9
4.0
4.8
13.2
1.5
4.8
2.5

3-yr
3.0
10.6
4.0
12.5
9.1
18.3
2.9
9.3
5.8
13.9
14.7
3.1
1.7
2.2
7.3
7.4
6.5
0.9
5.6
123.4

9.2
4.2
7.2
10.1
11.4
9.0
13.2
2.9
3.9
2.3
0.9
4.7
9.2
11.6
9.0
7.5
4.2
8.3
10.1
4.3
13.6
4.4

5-yr
4.6
9.7
5.2
21.0
9.0
14.8
2.9
12.0
5.4
17.0
15.5
5.0
2.4
2.4
8.9
8.9
7.0
0.9
6.6
64.6
11.7
6.4
8.4
9.0
13.4
9.5
12.8
4.6
4.7
1.8
0.9
5.7
12.1
10.1
14.2
9.8
5.4
8.8
10.2
4.6
17.1
5.7

Amounts in Red indicate no increase during year

10-yr
6.1
8.8
5.7
21.3
10.0
11.7
2.0
12.6
5.3
14.5
14.9
6.7
2.9
4.2
7.4
9.2
5.5
0.8
5.7
31.3
8.3
9.0
9.9
5.6
9.9
10.0
12.4
9.5
8.0
1.5
0.9
5.7
13.3
8.3
20.6
6.4
4.5
7.1
10.8
3.8
13.9
4.2

2010
2.1000
1.7200
0.5400
1.1400
1.9200
1.4200
1.0400
0.6000
1.6800
1.3600
1.4800
0.9200
1.4400
0.6200
0.7050
1.2000
0.7000
0.5950
0.6600
2.9000
1.4600
1.5850
0.4800
0.3975
2.1000
1.7600
2.0300
0.8952
1.2100
0.9250
2.3800
1.0800
0.4950
1.0700
0.6600
1.3500
0.5200
1.7400
0.6000
2.6500
0.8800
1.6300

2009
2.0400
1.5600
0.5200
1.1200
1.7900
1.3000
1.0100
0.5600
1.6400
1.3200
1.3200
0.9000
1.4200
0.6150
0.6850
1.1500
0.6800
0.5900
0.6300
2.8000
1.3800
1.5650
0.4700
0.3675
1.9200
1.6400
1.7200
0.8709
1.2000
0.9000
2.3600
1.0400
0.4600
1.0200
0.6250
1.3250
0.5000
1.6600
0.5300
2.6100
0.8400
1.5900

2008
2.0000
1.3050
0.5000
0.9600
1.7000
1.1588
1.0000
0.5200
1.6000
1.1600
1.1400
0.8800
1.4000
0.6000
0.6200
1.0880
0.6200
0.5850
0.6000
2.1675
1.2800
1.5250
0.4600
0.3300
1.7200
1.5200
1.5600
0.8640
1.1600
0.8800
2.3400
1.0000
0.4450
0.9000
0.6050
1.2300
0.4800
1.5500
0.4900
2.4800
0.8000
1.5350

2007
1.9200
1.2700
0.4800
0.8000
1.4800
0.8570
0.9550
0.4600
1.4200
0.9200
0.9800
0.8400
1.3700
0.5800
0.5700
0.9680
0.5800
0.5800
0.5600
0.2600
1.1200
1.4000
0.3900
0.2975
1.5200
1.3600
1.4000
0.8229
1.0800
0.8650
2.3200
0.9400
0.3800
0.7700
0.5100
1.0875
0.4600
1.3700
0.4500
2.3350
0.6000
1.4325

2006
1.8400
1.1500
0.4400
0.5500
1.3400
0.7712
0.9300
0.4000
1.3300
0.7400
0.8600
0.7600
1.3200
0.5600
0.5300
0.8960
0.5400
0.5750
0.5200
0.2500
0.9650
1.3100
0.3500
0.2750
1.1600
1.2400
1.2500
0.7680
1.0400
0.8550
2.3000
0.8600
0.3400
0.7100
0.4200
0.9300
0.4400
1.2800
0.4100
2.2400
0.4800
1.3250

2005
1.6800
1.0850
0.4200
0.4400
1.2500
0.7108
0.9000
0.3400
1.2900
0.6200
0.7200
0.7200
1.2800
0.5500
0.4600
0.7840
0.5000
0.5700
0.4800
0.2400
0.8400
1.1624
0.3200
0.2588
1.1200
1.1200
1.1100
0.7162
0.9600
0.8450
2.2800
0.8200
0.2800
0.6600
0.3400
0.8450
0.4000
1.1400
0.3700
2.1200
0.4000
1.2375

2004
1.4400
1.0250
0.4000
0.3800
1.0400
0.6551
0.8850
0.3000
1.2500
0.5600
0.6000
0.6400
1.2400
0.5400
0.4250
0.6800
0.4700
0.5650
0.4700
0.2300
0.7650
1.0000
0.2900
0.2513
1.0800
1.0000
0.9600
0.6537
0.8364
0.8350
2.2600
0.7400
0.2250
0.6100
0.2750
0.8075
0.3780
1.0600
0.3300
1.9750
0.3400
1.1950

2003
1.3200
0.9700
0.3800
0.3000
0.8800
0.6132
0.8800
0.2400
1.1175
0.4800
0.4000
0.5600
1.2000
0.4850
0.4050
0.6000
0.4500
0.5625
0.4350
0.2200
0.7150
0.8826
0.2700
0.2463
0.9800
0.8800
0.9000
0.5280
0.7107
0.8250
2.2400
0.6800
0.1850
0.5700
0.2000
0.7895
0.3650
0.9800
0.2900
1.9450
0.3000
1.1750

U.S. Dividend Champions

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

25+ Straight Years Higher Dividends

Company
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw-Hill Companies
Medtronic Inc.
MGE Energy Inc.
Middlesex Water Co.
Mine Safety Appliances
NACCO Industries
National Fuel Gas
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic Int'l
Parker-Hannifin Corp.
Pentair Inc.
PepsiCo Inc.
Piedmont Natural Gas
Pitney Bowes Inc.
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.
Stanley Black & Decker
Stepan Company
Sysco Corp.

52-week % from % from


Symbol High
Low
High
GRC
36.74
64.5
11.3
FUL
25.41
22.6
10.0
HCP
40.75 15.2
9.9
HP
73.40
94.2
5.9
HRL
30.50
37.2
5.0
ITW
59.27
23.5
16.0
JNJ
68.05
13.7
4.8
KMB
68.49
7.0
4.6
LANC
64.72
38.9
7.1
LEG
26.95
15.2
19.5
LOW
27.45
11.5
21.4
MKC
51.26 26.2
5.1
MCD
89.57
26.1
3.4
MHP
44.86
53.6
7.3
MDT
43.33
17.0
16.8
MGEE
43.62
15.5
5.8
MSEX
19.31
15.0
5.3
MSA
40.91
51.8
16.6
NC
132.69
20.8
31.5
NFG
75.98
69.0
4.7
NDSN
59.42
66.3
14.1
NWN
50.86
2.4
12.3
NUE
49.24
8.9
21.0
ORI
14.18
-1.3
26.4
PH
99.40
34.6
20.5
PNR
42.43
25.2
13.2
PEP
71.89
3.2
10.9
PNY
32.00
11.5
8.8
PBI
26.36
13.1
18.2
PPG
97.81
33.4
13.9
PG
67.72
3.9
9.2
STR
18.67
15.0
1.3
RAVN
61.92
76.1
14.7
RLI
66.53
24.2
5.1
RPM
26.00
31.2
18.9
SHW
87.87
16.7
12.2
SIAL
76.16
30.4
11.9
SJW
28.00
7.5
16.0
SON
36.95
5.4
13.3
SWK
78.19
25.7
15.9
SCL
82.15
48.1
3.5
SYY
32.76
12.8
6.6

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

5/10
A/D*
1.538
0.980
0.864
1.361
1.100
1.278
0.814
0.877
0.610
1.097
1.158
0.963
1.038
1.021
1.124
1.280
0.867
0.682
0.276
0.969
0.936
1.603
1.452
0.689
1.482
0.889
1.055
0.942
1.326
1.027
1.063
0.847
1.019
0.934
1.176
1.157
0.721
0.939
1.106
0.809
1.093
0.701

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
3.7
2.8
1.1
10.0
10.5
2.4
9.3
8.4
6.5
4.0
14.3
8.3
10.2
4.4
9.6
1.7
1.4
3.1
0.8
3.0
5.8
5.0
2.1
1.5
7.0
5.6
6.3
3.7
1.4
2.3
9.6
6.9
14.8
7.5
2.5
1.4
10.3
3.0
2.8
3.1
8.9
4.2

3-yr
10.6
2.7
1.5
6.9
11.9
11.8
9.2
7.4
4.1
14.5
15.4
9.1
14.6
4.7
22.3
1.8
1.4
5.6
1.7
3.7
3.7
5.3
31.7
3.1
11.9
8.2
11.3
3.9
3.4
2.2
11.5
3.6
13.9
10.7
4.9
4.6
11.6
4.0
2.9
3.2
5.9
9.6

5-yr
7.9
2.8
2.1
5.8
10.1
16.8
10.6
8.1
4.0
11.1
32.0
10.2
27.5
7.3
19.0
1.6
1.4
13.7
2.4
3.6
3.9
4.9
36.9
6.1
13.3
7.9
13.7
4.2
3.3
3.2
11.6
3.9
18.5
13.7
6.2
11.9
11.0
4.9
3.8
3.3
4.5
10.8

Amounts in Red indicate no increase during year

10-yr #
5.2
2.9
2.4
4.3
9.1
13.1
13.0
9.2
6.6
10.1
27.6
10.6
26.5
7.2
16.9
1.2
1.7
20.2
8.9
3.7
4.1
3.1
25.4
8.9
9.0
8.9
13.0
4.4
2.5
3.1
10.9
4.7
18.2
14.7
5.3
10.3
15.2
5.2
3.5
4.1
4.2
15.3

2010
0.3360
0.2775
1.8600
0.2200
0.4200
1.2700
2.1100
2.5800
1.2300
1.0500
0.4000
1.0400
2.2600
0.9400
0.8600
1.4850
0.7225
0.9900
2.0850
1.3600
0.3900
1.6800
1.4400
0.6900
1.0700
0.7600
1.8600
1.1100
1.4600
2.1800
1.8854
0.5400
0.6200
1.1400
0.8250
1.4400
0.6400
0.6800
1.1100
1.3400
0.9800
1.0000

2009
0.3240
0.2700
1.8400
0.2000
0.3800
1.2400
1.9300
2.3800
1.1550
1.0100
0.3500
0.9600
2.0500
0.9000
0.7850
1.4602
0.7125
0.9600
2.0675
1.3200
0.3688
1.6000
1.4100
0.6800
1.0000
0.7200
1.7500
1.0700
1.4400
2.1300
1.7200
0.5050
0.5400
1.0600
0.8050
1.4200
0.5800
0.6600
1.0800
1.3000
0.9000
0.9600

2008
0.3200
0.2625
1.8200
0.1900
0.3700
1.1500
1.7950
2.2700
1.1250
1.0000
0.3300
0.8800
1.6250
0.8800
0.6250
1.4334
0.7025
0.9400
2.0450
1.2700
0.3650
1.5200
1.3100
0.6700
0.9200
0.6800
1.6000
1.0300
1.4000
2.0900
1.5500
0.4940
0.5000
0.9600
0.7700
1.4000
0.5200
0.6440
1.0700
1.2600
0.8500
0.8800

2007
0.2483
0.2560
1.7800
0.1800
0.3000
0.9100
1.6200
2.0800
1.0900
0.7000
0.2600
0.8000
1.5000
0.8200
0.4700
1.4066
0.6925
0.8400
1.9800
1.2200
0.3500
1.4400
0.6300
0.6300
0.7633
0.6000
1.3500
0.9900
1.3200
2.0400
1.3600
0.4860
0.4200
0.8400
0.7150
1.2600
0.4600
0.6040
1.0200
1.2200
0.8250
0.7600

2006
0.2335
0.2488
1.7000
0.1730
0.2800
0.7050
1.4550
1.9200
1.0500
0.6800
0.1600
0.7200
1.0000
0.7260
0.4125
1.3866
0.6825
0.6800
1.9050
1.1800
0.3350
1.3900
0.4000
0.5900
0.6533
0.5600
1.1200
0.9500
1.2800
1.9100
1.2100
0.4650
0.3400
0.7200
0.6550
1.0000
0.4200
0.5660
0.9600
1.1800
0.8050
0.6800

2005
0.2294
0.2414
1.6800
0.1660
0.2600
0.5850
1.2750
1.7500
1.0100
0.6200
0.1000
0.6400
0.6700
0.6600
0.3600
1.3740
0.6725
0.5200
1.8475
1.1400
0.3225
1.3200
0.3000
0.5120
0.5733
0.5200
0.9800
0.9050
1.2400
1.8600
1.0900
0.4450
0.2650
0.6000
0.6100
0.8200
0.3800
0.5360
0.9200
1.1400
0.7850
0.6000

2004
0.2261
0.2288
1.6700
0.1630
0.2250
0.5000
1.0950
1.5400
0.9400
0.5700
0.0700
0.5600
0.5500
0.6000
0.3125
1.3600
0.6625
0.3700
1.6750
1.1000
0.3125
1.3000
0.2350
0.4027
0.5067
0.4300
0.7800
0.8525
1.2200
1.7900
0.9775
0.4150
0.2100
0.4800
0.5700
0.6800
0.3400
0.5100
0.8800
1.0800
0.7725
0.5200

2003
0.2228
0.2239
1.6600
0.1600
0.2100
0.4650
0.9250
1.3200
0.8300
0.5300
0.0525
0.4600
0.4000
0.5400
0.2700
1.3480
0.6488
0.2567
1.2600
1.0600
0.3025
1.2700
0.2000
0.3573
0.5067
0.4000
0.6200
0.8225
1.2000
1.7300
0.8650
0.3900
0.1600
0.3800
0.5300
0.6200
0.2500
0.4853
0.8400
1.0300
0.7625
0.4400

U.S. Dividend Champions

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

25+ Straight Years Higher Dividends

52-week % from % from


Company
Symbol High
Low
High
Target Corp.
TGT
60.97
12.8
15.5
Telephone & Data Sys.
TDS
37.91
-0.8
25.2
Tennant Company
TNC
44.88
52.3
4.6
Tompkins Financial Corp. TMP
42.50
12.4
4.9
Tootsie Roll Industries
TR
29.98
19.3
6.4
United Bankshares Inc.
UBSI
30.84
8.0
22.6
Universal Corp.
UVV
45.96
3.8
20.1
Valspar Corp.
VAL
40.60
13.1
19.0
Vectren Corp.
VVC
28.84
9.7
8.4
VF Corp.
VFC
131.30
66.6
11.0
W.W. Grainger Inc.
GWW
161.21
42.0
8.0
Walgreen Company
WAG
47.11
45.8
17.1
Wal-Mart Stores Inc.
WMT
57.90
5.4
9.0
Washington REIT
WRE
34.54
10.2
7.3
Weyco Group Inc.
WEYS
26.80
4.1
13.6
WGL Holdings Inc.
WGL
40.44
11.9
4.0
Averages for
100
55.20
23.3
11.6

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

5/10
A/D*
1.242
0.829
1.430
1.076
1.000
0.800
0.535
1.046
0.832
1.626
1.477
1.313
0.859
0.457
1.241
1.299
1.121

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
23.5
3.5
11.3
7.5
3.0
3.4
2.2
6.7
1.5
2.5
16.9
25.0
11.8
0.1
6.9
2.9
5.2

3-yr
17.3
4.5
7.1
5.6
3.0
2.3
2.2
7.2
2.4
2.9
15.8
21.9
12.6
1.0
15.7
3.2
7.8

5-yr
18.5
4.9
6.0
6.5
3.0
2.9
2.3
9.9
2.8
17.2
17.7
21.6
15.3
1.6
19.9
2.6
8.5

Amounts in Red indicate no increase during year

10-yr #
14.9
5.9
4.2
6.1
3.0
3.6
4.2
9.4
3.3
10.6
12.0
16.5
17.8
3.5
16.0
2.0
7.6

2010
0.8400
0.4450
0.5900
1.3291
0.3107
1.2000
1.8800
0.6400
1.3650
2.4300
2.0800
0.6250
1.1800
1.7313
0.6200
1.5000
1.1974

2009
0.6800
0.4300
0.5300
1.2364
0.3016
1.1600
1.8400
0.6000
1.3450
2.3700
1.7800
0.5000
1.0550
1.7300
0.5800
1.4575
1.1383

2008
0.6000
0.4100
0.5200
1.2000
0.2928
1.1600
1.8000
0.5600
1.3100
2.3300
1.5500
0.4150
0.9325
1.7200
0.5000
1.4075
1.0698

2007
0.5200
0.3900
0.4800
1.1272
0.2843
1.1200
1.7600
0.5200
1.2700
2.2300
1.3400
0.3450
0.8275
1.6800
0.4000
1.3650
0.9566

2006
0.4400
0.3700
0.4600
1.0412
0.2760
1.0800
1.7200
0.4400
1.2300
1.9400
1.1100
0.2850
0.6525
1.6400
0.3400
1.3450
0.8711

2005
0.3600
0.3500
0.4400
0.9691
0.2680
1.0400
1.6800
0.4000
1.1900
1.1000
0.9200
0.2350
0.5800
1.6000
0.2500
1.3225
0.7961

2004
0.3000
0.3300
0.4300
0.9016
0.2602
1.0100
1.5600
0.3600
1.1500
1.0500
0.7850
0.1913
0.4800
1.5500
0.2100
1.2950
0.7321

2003
0.2600
0.3100
0.4200
0.8401
0.2526
1.0000
1.4400
0.3000
1.1100
1.0100
0.7350
0.1613
0.3450
1.4700
0.1800
1.2775
0.6727

U.S. Dividend Champions

Percentage Increase by Year

(and American Depository Receipts)

in Jan.25+
2011
Straight
but accelerated
Years Higher
into Dividends
Dec. 2010; to be included In 2011

Company
3M Company
Abbott Laboratories
ABM Industries Inc.
AFLAC Inc.
Air Products & Chem.
Altria Group Inc.
American States Water
Archer Daniels Midland
AT&T Inc.
Automatic Data Proc.
Becton Dickinson & Co.
Bemis Company
Black Hills Corp.
Bowl America Class A
Brady Corp.
Brown-Forman Class B
C.R. Bard Inc.
California Water Service
Carlisle Companies
CenturyLink Inc.
Chubb Corp.
Cincinnati Financial
Cintas Corp.
Clarcor Inc.
Clorox Company
Coca-Cola Company
Colgate-Palmolive Co.
Commerce Bancshares
Community Trust Banc.
Conn. Water Service
Consolidated Edison
Diebold Inc.
Donaldson Company
Dover Corp.
Eaton Vance Corp.
Emerson Electric
Energen Corp.
ExxonMobil Corp.
Family Dollar Stores
Federal Realty Inv. Trust
Franklin Resources
Genuine Parts Co.

Symbol
MMM
ABT
ABM
AFL
APD
MO
AWR
ADM
T
ADP
BDX
BMS
BKH
BWL-A
BRC
BF-B
BCR
CWT
CSL
CTL
CB
CINF
CTAS
CLC
CLX
KO
CL
CBSH
CTBI
CTWS
ED
DBD
DCI
DOV
EV
EMR
EGN
XOM
FDO
FRT
BEN
GPC

2002
1.2400
0.9150
0.3600
0.2300
0.8200
0.5668
0.8713
0.2200
1.0625
0.4600
0.3900
0.5200
1.1600
0.4700
0.3850
0.5600
0.4300
0.5600
0.4250
0.2100
0.6950
0.7973
0.2500
0.2413
0.8500
0.8000
0.7200
0.4190
0.6311
0.8150
2.2200
0.6600
0.1650
0.5400
0.1495
0.7785
0.3550
0.9200
0.2550
1.9250
0.2800
1.1550

2001
1.2000
0.8200
0.3300
0.1925
0.7800
0.5157
0.8667
0.1929
1.0225
0.4100
0.3800
0.5000
1.1200
0.4490
0.3650
0.5280
0.4200
0.5575
0.4150
0.2000
0.6750
0.7438
0.2200
0.2363
0.8400
0.7200
0.6750
0.3928
0.6010
0.8050
2.2000
0.6400
0.1500
0.5200
0.1265
0.7685
0.3450
0.9100
0.2350
1.8900
0.2600
1.1300

2000
1.1600
0.7400
0.3100
0.1650
0.7400
0.4692
0.8567
0.1837
1.0050
0.3500
0.3700
0.4800
1.0800
0.4091
0.3450
0.4960
0.4100
0.5500
0.3800
0.1900
0.6550
0.6712
0.1867
0.2313
0.8200
0.6800
0.6300
0.3627
0.5587
0.7950
2.1800
0.6200
0.1425
0.4800
0.1013
0.7285
0.3350
0.8800
0.2150
1.8200
0.2400
1.0850

1999
1.1200
0.6600
0.2800
0.1450
0.7000
0.4274
0.8533
0.1749
0.9650
0.3050
0.3400
0.4600
1.0400
0.3810
0.3250
0.4720
0.3900
0.5425
0.3400
0.1800
0.6350
0.6004
0.0367
0.2270
0.7600
0.6400
0.5900
0.3341
0.5340
0.7850
2.1400
0.6000
0.1250
0.4400
0.0800
0.6665
0.3250
0.8350
0.1950
1.7700
0.2200
1.0300

2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 Mean
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
(simple Standard
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average) Deviation
2.9
2.0
4.2
4.3
9.5
16.7
9.1
6.5
3.3
3.4
3.6
6.0
4.1
10.3
19.5
2.8
10.4
6.0
5.9
5.7
6.0
11.6
10.8
12.1
9.2
4.4
3.8
4.0
4.2
9.1
4.8
5.0
5.3
5.6
9.1
6.5
10.7
6.2
2.3
1.8
16.7
20.0
45.5
25.0
15.8
26.7
30.4
19.5
16.7
13.8
21.1
10.5
7.3
5.3
14.9
10.4
7.2
20.2
18.2
7.3
5.1
5.4
5.7
9.7
5.2
9.2
12.2
35.2
11.1
8.5
8.5
6.8
8.2
9.9
9.9
9.8
11.8
7.5
3.0
1.0
4.7
2.7
3.3
1.7
0.6
1.0
0.5
1.2
0.4
1.8
1.3
7.1
7.7
13.0
15.0
17.6
13.3
25.0
9.1
14.1
5.0
5.0
12.0
5.8
2.4
2.5
12.7
6.8
3.1
3.2
11.9
5.2
3.9
1.7
4.1
5.2
3.6
3.0
13.8
26.1
24.3
19.4
10.7
16.7
4.3
12.2
17.1
14.8
14.8
6.9
12.1
15.8
16.3
14.0
19.4
20.0
50.0
2.6
2.6
2.7
8.8
14.9
12.7
2.2
2.3
4.8
10.5
5.6
12.5
14.3
7.7
4.0
4.2
4.3
6.6
3.9
1.4
1.4
2.2
3.8
3.1
3.2
3.3
3.4
3.6
3.7
3.8
3.0
0.9
0.8
2.5
3.4
3.6
1.8
1.9
11.3
3.2
4.7
9.8
7.4
4.6
3.3
2.9
10.5
8.8
7.5
15.2
8.2
4.9
5.2
5.5
5.8
6.2
7.3
3.2
4.3
5.7
12.4
8.0
14.3
15.3
13.3
7.1
6.1
6.5
5.1
8.9
3.9
2.9
9.7
6.9
7.4
8.0
6.4
4.4
4.7
2.4
2.4
5.1
5.5
2.3
0.8
0.9
0.9
0.9
0.9
0.9
0.4
0.4
0.4
1.4
1.4
0.8
0.3
4.8
5.0
7.1
7.7
8.3
2.1
8.0
2.4
2.4
9.2
11.8
6.3
3.0
3.6
29.2 733.7
4.0
4.2
4.3
4.5
4.8
5.0
5.3
5.6
73.1
209.0
5.8
7.8
14.3
16.1
14.9
9.8
7.0
2.9
3.0
3.1
3.1
8.0
4.9
1.3
2.6
8.9
6.9
12.7
16.2
13.3
10.7
7.2
10.8
11.8
9.3
4.3
2.1
2.2
17.9
11.4
9.4
10.3
7.4
8.0
13.6
17.9 409.1
46.3
114.8
8.2
11.4
10.9
8.2
6.3
3.0
2.0
2.1
2.1
2.2
1.9
5.3
3.6
9.4
11.6
13.2
31.0
3.6
3.7
10.2
15.3
1.2
2.4
7.9
10.0
8.0
7.3
7.9
11.8
9.7
10.7
12.0
13.6
10.0
11.1
5.9
6.3
9.7
2.4
18.0
10.3
11.4
12.0
12.6
15.6
6.7
25.0
6.7
7.1
6.8
12.0
5.5
2.8
0.8
5.0
7.1
7.2
9.6
23.8
26.0
6.7
8.3
8.6
9.6
7.6
0.8
3.4
7.4
3.8
8.3
14.8
17.7
12.6
5.0
7.6
4.6
7.8
5.0
2.8
2.3
1.7
1.2
1.2
1.2
1.2
1.2
1.2
1.3
1.3
1.5
0.5
0.8
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
1.9
1.0
0.3
3.8
4.0
6.4
9.3
4.9
10.8
8.8
3.0
3.1
3.2
3.3
5.5
2.7
7.6
3.4
17.1
11.8
21.4
24.4
21.6
12.1
10.0
5.3
14.0
13.5
6.6
4.9
13.3
16.9
8.5
7.6
8.2
7.0
5.6
3.8
8.3
9.1
8.5
3.6
5.6
3.3
18.6
21.4
23.5
23.6
37.5
33.8
18.2
24.9
26.6
21.6
9.8
1.9
7.7
13.1
16.9
10.1
4.6
2.3
1.4
1.3
5.5
9.3
6.7
5.0
4.0
4.2
4.3
4.5
10.0
5.8
3.6
2.8
2.9
3.0
3.1
4.4
2.0
4.8
7.1
13.1
7.0
12.3
7.5
8.2
6.5
1.1
3.4
5.4
7.0
3.3
13.2
8.2
8.9
9.8
10.8
12.1
13.8
13.7
8.5
9.3
10.3
10.8
2.0
1.5
5.2
6.2
4.2
5.7
7.3
1.5
1.0
1.9
3.8
2.8
3.8
2.1
4.8
5.0
33.3
25.0
20.0
17.6
13.3
7.1
7.7
8.3
9.1
13.8
8.8
2.5
3.6
7.2
8.1
7.1
3.6
1.7
1.7
2.2
4.1
5.3
4.3
2.2

U.S. Dividend Champions

Percentage Increase by Year

(and American Depository Receipts)

in Jan.25+
2011
Straight
but accelerated
Years Higher
into Dividends
Dec. 2010; to be included In 2011

Company
Gorman-Rupp Company
H.B. Fuller Company
HCP Inc.
Helmerich & Payne Inc.
Hormel Foods Corp.
Illinois Tool Works
Johnson & Johnson
Kimberly-Clark Corp.
Lancaster Colony Corp.
Leggett & Platt Inc.
Lowe's Companies
McCormick & Co.
McDonald's Corp.
McGraw-Hill Companies
Medtronic Inc.
MGE Energy Inc.
Middlesex Water Co.
Mine Safety Appliances
NACCO Industries
National Fuel Gas
Nordson Corp.
Northwest Natural Gas
Nucor Corp.
Old Republic Int'l
Parker-Hannifin Corp.
Pentair Inc.
PepsiCo Inc.
Piedmont Natural Gas
Pitney Bowes Inc.
PPG Industries Inc.
Procter & Gamble Co.
Questar Corp.
Raven Industries
RLI Corp.
RPM International Inc.
Sherwin-Williams Co.
Sigma-Aldrich Corp.
SJW Corp.
Sonoco Products Co.
Stanley Black & Decker
Stepan Company
Sysco Corp.

Symbol
GRC
FUL
HCP
HP
HRL
ITW
JNJ
KMB
LANC
LEG
LOW
MKC
MCD
MHP
MDT
MGEE
MSEX
MSA
NC
NFG
NDSN
NWN
NUE
ORI
PH
PNR
PEP
PNY
PBI
PPG
PG
STR
RAVN
RLI
RPM
SHW
SIAL
SJW
SON
SWK
SCL
SYY

2002
0.2130
0.2188
1.6300
0.1550
0.1950
0.4450
0.7950
1.1800
0.7600
0.4900
0.0400
0.4200
0.2350
0.5100
0.2400
1.3380
0.6338
0.2167
0.9700
1.0250
0.2850
1.2600
0.1900
0.3360
0.4800
0.3750
0.5900
0.7925
1.1800
1.6900
0.7900
0.3625
0.1375
0.3350
0.5050
0.5950
0.1725
0.4600
0.8300
0.9900
0.7375
0.3600

2001
0.2097
0.2139
1.5500
0.1500
0.1850
0.4100
0.7000
1.1100
0.6900
0.4700
0.0375
0.4000
0.2250
0.4900
0.2150
1.3280
0.6225
0.1800
0.9300
0.9850
0.2800
1.2450
0.1700
0.3147
0.4800
0.3500
0.5700
0.7600
1.1600
1.6800
0.7300
0.3525
0.1250
0.3100
0.5000
0.5800
0.1650
0.4290
0.8000
0.9400
0.7075
0.2800

2000
0.2032
0.2088
1.4700
0.1450
0.1750
0.3700
0.6200
1.0700
0.6500
0.4000
0.0350
0.3800
0.2150
0.4700
0.1800
1.3150
0.6125
0.1578
0.8900
0.9450
0.2600
1.2400
0.1500
0.2933
0.4533
0.3250
0.5500
0.7200
1.1400
1.6000
0.6700
0.3425
0.1167
0.2900
0.4925
0.5400
0.1550
0.4100
0.7900
0.9000
0.6525
0.2400

1999
0.1966
0.2039
1.3900
0.1400
0.1650
0.3150
0.5450
1.0300
0.6100
0.3500
0.0300
0.3400
0.1950
0.4300
0.1450
1.3000
0.5950
0.1511
0.8500
0.9150
0.2400
1.2200
0.1300
0.2614
0.4533
0.3200
0.5300
0.6800
1.0200
1.5200
0.6250
0.3350
0.1083
0.2700
0.4750
0.4800
0.1450
0.4000
0.7500
0.8700
0.6125
0.2000

2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 Mean
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
(simple Standard
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average) Deviation
3.7
1.3
28.9
6.4
1.8
1.4
1.5
4.6
1.6
3.2
3.3
5.2
7.6
2.8
2.9
2.5
2.9
3.1
5.5
2.2
2.3
2.3
2.4
2.4
2.8
0.9
1.1
1.1
2.2
4.7
1.2
0.6
0.6
1.8
5.2
5.4
5.8
2.7
2.0
10.0
5.3
5.6
4.0
4.2
1.8
1.9
3.2
3.3
3.4
3.6
4.2
2.1
10.5
2.7
23.3
7.1
7.7
15.6
7.1
7.7
5.4
5.7
6.1
9.0
5.5
2.4
7.8
26.4
29.1
20.5
17.0
7.5
4.5
8.5
10.8
17.5
13.8
8.5
9.3
7.5
10.8
11.3
14.1
16.4
18.4
16.4
13.6
12.9
13.8
13.1
3.1
8.4
4.8
9.1
8.3
9.7
13.6
16.7
11.9
6.3
3.7
3.9
8.8
3.9
6.5
2.7
3.2
3.8
4.0
7.4
13.3
9.2
10.1
6.2
6.6
6.6
3.1
4.0
1.0
42.9
2.9
9.7
8.8
7.5
8.2
4.3
17.5
14.3
11.0
11.1
14.3
6.1
26.9
62.5
60.0
42.9
33.3
31.3
6.7
7.1
16.7
28.0
19.5
8.3
9.1
10.0
11.1
12.5
14.3
21.7
9.5
5.0
5.3
11.8
10.8
4.4
10.2
26.2
8.3
50.0
49.3
21.8
37.5
70.2
4.4
4.7
10.3
26.6
21.2
4.4
2.3
7.3
12.9
10.0
10.0
11.1
5.9
4.1
4.3
9.3
7.4
3.3
9.6
25.6
33.0
13.9
14.6
15.2
15.7
12.5
11.6
19.4
24.1
17.8
6.8
1.7
1.9
1.9
1.4
0.9
1.0
0.9
0.7
0.8
1.0
1.2
1.2
0.4
1.4
1.4
1.4
1.5
1.5
1.5
2.1
2.4
1.8
1.6
2.9
1.8
0.5
3.1
2.1
11.9
23.5
30.8
40.5
44.1
18.5
20.4
14.1
4.4
19.4
13.8
0.8
1.1
3.3
3.9
3.1
10.3
32.9
29.9
4.3
4.5
4.7
9.0
10.8
3.0
3.9
4.1
3.4
3.5
3.6
3.8
3.4
4.1
4.2
3.3
3.7
0.4
5.8
1.0
4.3
4.5
3.9
3.2
3.3
6.1
1.8
7.7
8.3
4.5
2.2
5.0
5.3
5.6
3.6
5.3
1.5
2.4
0.8
1.2
0.4
1.6
3.0
1.9
2.1
7.6 107.9
57.5
33.3
27.7
17.5
5.3
11.8
13.3
15.4
27.2
29.6
1.5
1.5
6.3
6.8
15.2
27.2
12.7
6.3
6.8
7.3
12.2
9.4
6.9
7.0
8.7
20.5
16.8
14.0
13.2
0.0
5.6
0.0
5.9
0.0
8.3
6.7
5.6
5.9
13.3
7.1
7.7
20.9
7.5
6.7
7.1
7.7
1.6
8.3
4.8
6.3
9.4
18.5
20.5
14.3
25.6
25.8
5.1
3.5
3.6
3.8
12.4
8.5
3.7
3.9
4.0
4.2
5.0
6.2
3.6
3.8
4.3
5.6
5.9
4.6
0.9
1.4
2.9
6.1
3.1
3.2
1.6
1.7
1.7
1.7
1.8
11.8
3.4
3.0
2.3
1.9
2.5
6.8
2.7
3.9
3.5
2.4
0.6
5.0
5.3
3.3
1.7
9.6
11.0
14.0
12.4
11.0
11.5
13.0
9.5
8.2
9.0
7.2
10.6
2.0
6.9
2.2
1.6
4.5
4.5
7.2
6.4
7.6
2.8
2.9
2.2
4.5
2.1
14.8
8.0
19.0
23.5
28.3
26.2
31.3
16.4
10.0
7.1
7.7
17.5
8.4
7.5
10.4
14.3
16.7
20.0
25.0
26.3
13.4
8.1
6.9
7.4
14.2
6.7
2.5
4.5
7.7
9.2
7.4
7.0
7.5
5.0
1.0
1.5
3.7
5.2
2.6
1.4
1.4
11.1
26.0
22.0
20.6
9.7
4.2
2.6
7.4
12.5
10.8
8.3
10.3
11.5
13.0
9.5
10.5
11.8
36.0
44.9
4.5
6.5
6.9
15.1
12.4
3.0
2.5
6.6
6.7
5.6
5.1
5.1
5.5
7.2
4.6
2.5
5.0
1.6
2.8
0.9
4.9
6.3
4.3
4.5
4.8
1.2
3.7
1.3
5.3
3.6
1.7
3.1
3.2
3.3
3.4
3.5
5.6
4.9
4.0
5.3
4.4
3.4
4.0
0.9
8.9
5.9
3.0
2.5
2.5
1.6
1.3
3.4
4.2
8.4
6.5
4.4
2.5
4.2
9.1
15.8
11.8
13.3
15.4
18.2
22.2
28.6
16.7
20.0
15.9
6.3

U.S. Dividend Champions

Percentage Increase by Year

(and American Depository Receipts)

in Jan.25+
2011
Straight
but accelerated
Years Higher
into Dividends
Dec. 2010; to be included In 2011

Company
Target Corp.
Telephone & Data Sys.
Tennant Company
Tompkins Financial Corp.
Tootsie Roll Industries
United Bankshares Inc.
Universal Corp.
Valspar Corp.
Vectren Corp.
VF Corp.
W.W. Grainger Inc.
Walgreen Company
Wal-Mart Stores Inc.
Washington REIT
Weyco Group Inc.
WGL Holdings Inc.
Averages for

Symbol
TGT
TDS
TNC
TMP
TR
UBSI
UVV
VAL
VVC
VFC
GWW
WAG
WMT
WRE
WEYS
WGL
100

2002
0.2400
0.2900
0.4100
0.7924
0.2453
0.9300
1.3600
0.2800
1.0700
0.9700
0.7150
0.1463
0.2950
1.3900
0.1667
1.2675
0.6321

2001
0.2200
0.2700
0.4000
0.7516
0.2381
0.8900
1.2800
0.2700
1.0300
0.9300
0.6950
0.1413
0.2700
1.3100
0.1533
1.2550
0.6048

2000
0.2100
0.2500
0.3900
0.7380
0.2312
0.8400
1.2400
0.2600
0.9825
0.8900
0.6700
0.1363
0.2300
1.2300
0.1400
1.2350
0.5762

1999
0.2000
0.2300
0.3800
0.7035
0.2244
0.8100
1.2000
0.2300
0.9500
0.8500
0.6300
0.1313
0.2000
1.1575
0.1267
1.2150
0.5445

2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 Mean
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
(simple Standard
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average) Deviation
23.5
13.3
15.4
18.2
22.2
20.0
15.4
8.3
9.1
4.8
5.0
14.1
6.3
3.5
4.9
5.1
5.4
5.7
6.1
6.5
6.9
7.4
8.0
8.7
6.2
1.4
11.3
1.9
8.3
4.3
4.5
2.3
2.4
2.4
2.5
2.6
2.6
4.1
2.9
7.5
3.0
6.5
8.3
7.4
7.5
7.3
6.0
5.4
1.8
4.9
6.0
1.9
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
3.0
0.0
3.4
0.0
3.6
3.7
3.8
3.0
1.0
7.5
4.5
6.0
3.7
3.7
2.0
2.2
2.2
2.3
2.3
2.4
7.7
8.3
5.9
6.3
3.2
3.3
4.2
2.3
6.7
7.1
7.7
18.2
10.0
11.1
20.0
7.1
3.7
3.8
13.0
9.9
5.1
1.5
2.7
3.1
3.3
3.4
3.5
3.6
3.7
3.9
4.8
3.4
3.4
0.8
2.5
1.7
4.5
14.9
76.4
4.8
4.0
4.1
4.3
4.5
4.7
11.5
20.8
16.9
14.8
15.7
20.7
20.7
17.2
6.8
2.8
2.9
3.7
6.3
11.7
6.9
25.0
20.5
20.3
21.1
21.3
22.9
18.6
10.3
3.5
3.7
3.8
15.5
8.1
11.8
13.1
12.7
26.8
12.5
20.8
39.1
16.9
9.3
17.4
15.0
17.8
8.2
0.1
0.6
2.4
2.4
2.5
3.2
5.4
5.8
6.1
6.5
6.3
3.8
2.2
6.9
16.0
25.0
17.6
36.0
19.0
16.7
8.0
8.7
9.5
10.5
15.8
8.3
2.9
3.6
3.1
1.5
1.7
2.1
1.4
0.8
1.0
1.6
1.6
1.9
0.9
5.2
6.4
11.8
9.8
9.4
8.8
8.8
6.4
4.5
5.0
5.8
7.5
2.3

Contenders

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

10-24 Straight Years Higher Dividends


No.

Company
Symbol
1st Source Corp.
SRCE
A.O. Smith Corp.
AOS
ACE Limited
ACE
Albemarle Corp.
ALB
Alterra Capital Holdings Ltd.ALTE
AptarGroup Inc.
ATR
Aqua America Inc.
WTR
Arrow Financial Corp.
AROW
Artesian Resources
ARTNA
Atlantic Tele Network Inc. ATNI
Atmos Energy
ATO
Auburn National Bancorp AUBN
Avon Products Inc.
AVP
Badger Meter Inc.
BMI
BancFirst Corp. OK
BANF
Bank of the Ozarks Inc.
OZRK
Brown & Brown Inc.
BRO
Buckeye Partners LP
BPL
Bunge Limited
BG
C.H. Robinson Worldwide CHRW
Canadian National RailwayCNI
Canadian Natural Resources
CNQ
Ltd.
CARBO Ceramics
CRR
Cardinal Health Inc.
CAH
Casey's General Stores Inc.CASY
Caterpillar Inc.
CAT
Chesapeake Financial Shares
CPKF
Chevron Corp.
CVX
Church & Dwight
CHD
Citizens Financial ServicesCZFS
Citizens Holding Company CIZN
Community Bank System CBU
Computer Services Inc.
CSVI
ConocoPhillips
COP
Consolidated Water Co. CWCO
Corporate Office PropertiesOFC
Trust
Cullen/Frost Bankers
CFR
Delphi Financial Group
DFG
Ecolab Inc.
ECL
Enbridge Inc.
ENB
Enterprise Products Partners
EPD
LP
EOG Resources Inc.
EOG

Industry
Banking
Industrial Equipment
Insurance
Chemical-Specialty
Insurance
Packaging
Utility-Water
Banking
Utility-Water
Telecommunications
Utility-Gas
Banking
Personal Products
Industrial Equipment
Banking
Banking
Insurance
MLP-Oil&Gas Pipelines
Agriculture
Transportation
Railroad
Oil & Gas
Oil & Gas Services
Drugs
Retail-Grocery
Industrial Equipment
Banking
Oil & Gas
Consumer Products
Banking
Banking
Banking
Technology-Services
Oil & Gas
Utility-Water
REIT-Office
Banking
Insurance
Cleaning Products
Oil & Gas
MLP-Pipelines/Services
Oil & Gas

DRIP Fees 7/29/11

Yrs

Seq DR

SP

21
18
19
17
10
18
19
17
14
13
23
10
22
18
17
13
17
16
10
14
15
11
11
22
12
18
18
24
15
12
11
19
23
11
13
13
18
11
19
16
14
12

114
145
131
154
225
147
122
150
184
189
106
232
111
133
148
200
149
168
245
180
174
216
222
112
209
146
134
104
173
201
212
132
108
214
187
190
143
217
123
166
186
206

N
N
N
N
N
N
N
N
N
Y
Y
N
Y
Y
N
N
N
N
Y
N
N
N
-

N
N
N
N
N
N
N
N
N
N
Y
N
N
Y
N
N
N
N
Y
N
N
N
-

Price Yield
23.05 2.78
41.47 1.54
66.98 2.09
66.58 0.99
21.79 2.20
51.05 1.72
21.15 2.93
24.10 4.15
18.20 4.18
37.77 2.33
33.43 4.07
19.36 4.13
26.23 3.51
36.49 1.53
38.14 2.62
51.95 1.46
21.81 1.47
62.94 6.36
68.81 1.45
72.31 1.60
74.86 1.74
40.29 0.89
156.07 0.62
43.76 1.97
45.00 1.33
98.79 1.86
11.20 3.93
104.02 3.00
40.34 1.69
40.00 2.60
18.61 4.73
25.16 4.13
30.00 1.67
71.99 3.67
9.02 3.33
31.07 5.31
53.88 3.41
26.92 1.78
50.00 1.40
32.89 2.98
41.59 5.82
102.00 0.63

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1500 0.1600
6.67 11/3/10
11/5/10
11/15/10
0.1400 0.1600 14.29 7/27/11
7/29/11
8/15/11
0.3300 0.3500
6.06 6/28/11
6/30/11
7/21/11
0.1400 0.1650 17.86 3/11/11
3/15/11
4/1/11
0.1000 0.1200 20.00 8/13/10
8/17/10
8/31/10
0.1800 0.2200 22.22 7/29/11
8/2/11
8/23/11
0.1450 0.1550
6.90 11/15/10 11/17/10 12/1/10
0.2427 0.2500
3.00 12/1/10
12/3/10
12/15/10
0.1892 0.1902
0.53 5/6/11
5/10/11
5/20/11
0.2000 0.2200 10.00 10/4/10
10/6/10
10/12/10
0.3350 0.3400
1.49 11/23/10 11/26/10 12/10/10
0.1950 0.2000
2.56 3/8/11
3/10/11
3/25/11
0.2200 0.2300
4.55 2/15/11
2/17/11
3/1/11
0.1200 0.1400 16.67 8/27/10
8/31/10
9/15/10
0.2300 0.2500
8.70 9/28/10
9/30/10 10/15/10
0.1800 0.1900
5.56 7/13/11
7/15/11
7/22/11
0.0775 0.0800
3.23 11/1/10
11/3/10
11/17/10
0.9875 1.0000
1.27 5/12/11
5/16/11
5/31/11
0.2300 0.2500
8.70 8/11/11
8/15/11
9/1/11
0.2500 0.2900 16.00 12/16/10 12/20/10 1/3/11
0.2620 0.3250 24.05 3/8/11
3/10/11
3/31/11
0.0750 0.0900 20.00 3/16/11
3/18/11
4/1/11
0.2000 0.2400 20.00 7/28/11
8/1/11
8/15/11
0.1950 0.2150 10.26 6/29/11
7/1/11
7/15/11
0.1350 0.1500 11.11 7/28/11
8/1/11
8/15/11
0.4400 0.4600
4.55 7/18/11
7/20/11
8/20/11
0.1050 0.1100
4.76 8/30/10
9/1/10
9/15/10
0.7200 0.7800
8.33 5/17/11
5/19/11
6/10/11
0.0850 0.1700 100.00 2/16/11
2/18/11
3/1/11
0.2550 0.2600
1.96 10/13/10 10/15/10 11/5/10
0.2100 0.2200
4.76 12/13/10 12/15/10 12/31/10
0.2400 0.2600
8.33 9/13/11
9/15/11
10/7/11
0.1100 0.1250 13.64 8/30/11
9/1/11
9/26/11
0.5500 0.6600 20.00 2/17/11
2/22/11
3/1/11
0.0650 0.0750 15.38
9/29/09
10/1/09 10/31/09
0.3925 0.4125
5.10 9/28/10
9/30/10 10/15/10
0.4500 0.4600
2.22 5/27/11
6/1/11
6/15/11
0.1100 0.1200
9.09 5/23/11
5/25/11
6/8/11
0.1550 0.1750 12.90 12/17/10 12/21/10 1/18/11
0.2125 0.2450 15.29 2/11/11
2/15/11
3/1/11
0.5975 0.6050
1.26 7/27/11
7/29/11
8/10/11
0.1550 0.1600
3.23 4/13/11
4/15/11
4/29/11

Qtly
Sch

B16
B15
A21
A01
B31
B23
C01
C15
B20
A15
C10
C25
C01
C15
A15
A22
B17
B31
C01
A04
C31
A01
B15
A15
B15
B20
C15
C10
C01
B05
C31
A07
C26
C01
A31
A15
C15
C08
A18
C01
B10
A30

Contenders

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

10-24 Straight Years Higher Dividends


No.

Company
Symbol
Erie Indemnity Company ERIE
Essex Property Trust
ESS
Expeditors International
EXPD
Factset Research System Inc.
FDS
Fastenal Company
FAST
FedEx Corp.
FDX
First Capital Inc.
FCAP
First Financial Corp.
THFF
Flowers Foods
FLO
Franklin Electric Co.
FELE
General Dynamics
GD
Getty Realty Corp.
GTY
Graco Inc.
GGG
Harleysville Group
HGIC
Harleysville Savings
HARL
Harsco Corp.
HSC
HCC Insurance Holdings HCC
Hingham Institution for Savings
HIFS
Imperial Oil Ltd.
IMO
Inergy LP
NRGY
Infosys Technologies Ltd INFY
International Business Machines
IBM
J.M. Smucker Co.
SJM
Jack Henry & Associates JKHY
John Wiley & Sons Inc.
JW-A
Kinder Morgan Energy Partners
KMP
Landmark Bancorp Inc.
LARK
Lincoln Electric Holdings LECO
Linear Technology Corp. LLTC
Magellan Midstream Partners
MMP
LP
Matthews International
MATW
Maxim Integrated Products MXIM
McGrath Rentcorp
MGRC
MDU Resources
MDU
Mercury General Corp.
MCY
Meredith Corp.
MDP
Meridian Bioscience Inc. VIVO
Met-Pro Corp.
MPR
Microchip Technology Inc. MCHP
Monsanto Company
MON
Murphy Oil Corp.
MUR
National Bankshares
NKSH

Industry
Insurance
REIT-Apartment
Transportation
Financial Services
Building Materials
Transportation
Banking
Banking
Food Processing
Industrial Equipment
Aerospace/Defense
REIT-Gas Stations
Machinery
Insurance
Banking
Business Services
Insurance
Banking
Oil & Gas
MLP-Propane
Technology-Services
Technology-Hardware
Food Processing
Business Services
Publishing
MLP-Oil&Gas Pipelines
Banking
Machinery
Technology-Hardware
MLP-Oil&Gas Pipelines
Business Equipment
Technology-Hardware
Business Services
Utility-Gas
Insurance
Publishing
Medical Instruments
Industrial Equipment
Technology-Hardware
Agriculture
Oil & Gas
Banking

DRIP Fees 7/29/11

Yrs

Seq DR

SP

21
17
17
13
12
10
10
23
10
19
20
11
14
24
22
16
14
16
19
10
14
16
12
19
18
15
10
16
19
11
16
10
19
20
24
18
19
10
10
10
15
12

115
155
158
198
205
242
226
107
240
128
119
211
182
101
109
161
177
170
130
224
178
169
210
125
144
176
231
164
124
221
162
246
126
118
102
139
120
229
238
227
172
207

Y
Y
N
N
Y
N
N
N
N
N
Y
Y
Y
N
N
Y
N
Y
-

N
Y
N
N
N
N
N
N
N
N
Y
Y
N
N
N
Y
N
Y
-

Price Yield
73.70 2.80
140.36 2.96
47.72 1.05
92.09 1.17
33.65 1.55
86.88 0.60
17.03 4.46
33.09 2.84
21.92 2.74
43.65 1.24
68.14 2.76
23.20 8.28
43.93 1.91
30.22 4.77
14.98 5.07
27.41 2.99
30.13 1.92
55.00 1.82
44.03 1.00
31.62 8.92
62.22 0.91
181.85 1.65
77.92 2.46
28.95 1.45
50.06 1.60
70.49 6.53
16.00 4.75
34.22 1.81
29.30 3.28
59.02 5.32
36.19 0.88
22.96 3.83
26.03 3.53
21.56 3.01
37.14 6.46
29.85 3.42
21.60 3.52
10.54 2.50
33.75 4.10
73.48 1.52
64.22 1.71
25.83 3.72

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.4800 0.5150
7.29 1/3/11
1/5/11
1/20/11
1.0325 1.0400
0.73 3/29/11
3/31/11
4/15/11
0.2000 0.2500 25.00 5/27/11
6/1/11
6/15/11
0.2300 0.2700 17.39 5/26/11
5/31/11
6/21/11
0.1250 0.1300
4.00 4/8/11
4/12/11
4/28/11
0.1200 0.1300
8.33 6/15/11
6/17/11
7/1/11
0.1800 0.1900
5.56 9/14/10
9/16/10
9/30/10
0.4600 0.4700
2.17 6/13/11
6/15/11
7/1/11
0.1333 0.1500 12.50 6/8/11
6/10/11
6/24/11
0.1300 0.1350
3.85 5/10/11
5/12/11
5/26/11
0.4200 0.4700 11.90 4/6/11
4/8/11
5/6/11
0.4750 0.4800
1.05 9/28/10
9/30/10 10/14/10
0.2000 0.2100
5.00 1/14/11
1/18/11
2/2/11
0.3250 0.3600 10.77 9/13/10
9/15/10
9/30/10
0.1800 0.1900
5.56
8/3/09
8/5/09
8/19/09
0.2000 0.2050
2.50
1/13/10
1/15/10
2/16/10
0.1350 0.1450
7.41 9/29/10
10/1/10 10/15/10
0.2400 0.2500
4.17 7/7/11
7/11/11
7/21/11
0.1000 0.1100 10.00 5/31/11
6/2/11
7/1/11
0.6950 0.7050
1.44
8/4/10
8/6/10
8/13/10
0.2426 0.2827 16.56 10/19/10 10/21/10 10/27/10
0.6500 0.7500 15.38 5/6/11
5/10/11
6/10/11
0.4400 0.4800
9.09 8/10/11
8/12/11
9/1/11
0.0950 0.1050 10.53 2/17/11
2/22/11
3/10/11
0.1600 0.2000 25.00 6/30/11
7/5/11
7/14/11
1.1400 1.1500
0.88 7/28/11
8/1/11
8/12/11
0.1810 0.1900
5.00 2/21/11
2/23/11
3/6/11
0.1400 0.1550 10.71 12/29/10 12/31/10 1/14/11
0.2300 0.2400
4.35 2/16/11
2/18/11
3/2/11
0.7700 0.7850
1.95 8/2/11
8/4/11
8/12/11
0.0700 0.0800 14.29 10/21/10 10/25/10 11/8/10
0.2100 0.2200
4.76 8/19/11
8/23/11
9/6/11
0.2250 0.2300
2.22 4/13/11
4/15/11
4/29/11
0.1575 0.1625
3.17 12/7/10
12/9/10
1/1/11
0.5900 0.6000
1.69 12/14/10 12/16/10 12/30/10
0.2300 0.2550 10.87 2/24/11
2/28/11
3/15/11
0.1700 0.1900 11.76
1/28/10
2/1/10
2/11/10
0.0600 0.0660 10.00 12/9/10
12/13/10 12/17/10
0.3450 0.3460
0.29 5/17/11
5/19/11
6/2/11
0.2650 0.2800
5.66 10/6/10
10/8/10
10/29/10
0.2500 0.2750 10.00 8/12/10
8/16/10
9/1/10
0.4700 0.4800
2.13 5/19/11
5/23/11
6/1/11

Qtly
Sch

A20
A15
JnDe
C21
C28
A01
C30
JaJl
C24
B26
B06
A14
B03
C30
B19
B16
A15
A21
A01
B13
A15
C10
C01
C10
A14
B12
C06
A15
C02
B12
B16
C06
A29
A01
C30
C15
B11
C17
C02
A29
C01
JnDe

Contenders

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

10-24 Straight Years Higher Dividends


No.

Company
Symbol
National Health Investors NHI
National Retail Properties NNN
New Jersey Resources
NJR
NextEra Energy
NEE
Norfolk Southern
NSC
Northeast Utilities
NU
Norwood Financial
NWFL
Novartis AG
NVS
Novo Nordisk A/S
NVO
NSTAR
NST
Nu Skin Enterprises Inc. NUS
NuStar Energy LP
NS
Ohio Valley Banc Corp.
OVBC
Orrstown Financial ServicesORRF
Owens & Minor Inc.
OMI
PartnerRe Limited
PRE
People's United Financial PBCT
Plains All American PipelinePAA
LP
Polaris Industries
PII
Praxair Inc.
PX
Prosperity Bancshares
PRSP
Realty Income Corp.
O
RenaissanceRe Holdings RNR
Republic Bancorp KY
RBCAA
Roper Industries Inc.
ROP
Ross Stores Inc.
ROST
Royal Gold Inc.
RGLD
SCANA Corp.
SCG
SEI Investments Company SEIC
Shenandoah Telecommunications
SHEN
South Jersey Industries
SJI
Southern Company
SO
Southside Bancshares
SBSI
Span-America Medical Systems
SPAN
StanCorp Financial Group SFG
Stryker Corp.
SYK
Suburban Propane PartnersSPH
LP
Sunoco Logistics Partners LP
SXL
T. Rowe Price Group
TROW
Tanger Factory Outlet Centers
SKT
TC Pipelines LP
TCLP
Teche Holding Co.
TSH

Industry
REIT-Health Care
REIT-Retail
Utility-Gas
Utility-Electric/Gas
Railroad
Utility-Electric/Gas
Banking
Drugs
Drugs
Utility-Electric/Gas
Personal Products
MLP-Oil&Gas Pipelines
Banking
Banking
Medical Equipment
Insurance
Banking
MLP-Oil&Gas Pipelines
Recreation
Chemical-Specialty
Banking
REIT-Retail Stores
Insurance
Banking
Industrial Equipment
Retail-Apparel
Mining
Utility-Electric/Gas
Financial Services
Telecommunications
Utility-Gas
Utility-Electric
Banking
Medical Equipment
Insurance
Medical Devices
MLP-Propane
MLP-Oil&Gas Pipelines
Financial Services
REIT-Outlet Stores
MLP-Oil&Gas Pipelines
Banking

DRIP Fees 7/29/11

Yrs

Seq DR

SP

10
22
16
17
10
13
13
10
10
13
11
10
15
11
14
18
19
11
16
18
13
17
16
13
18
17
10
11
19
14
12
10
17
13
13
18
13
10
24
18
12
10

237
113
163
152
247
196
194
235
234
193
223
228
171
213
183
142
127
220
165
140
192
159
167
199
136
153
230
215
129
179
202
239
156
197
191
137
195
244
103
141
208
233

N
N
N
N
Y
N
N
Y
Y
N
N
N
Y
N
N
N
Y
N
N
N
N
N

N
N
N
N
N
N
N
Y
N
N
N
N
N
N
N
N
N
N
N
N
N
N

Price Yield
45.49 5.41
25.09 6.14
43.61 3.30
55.25 3.98
75.70 2.27
34.00 3.24
26.75 4.34
61.20 3.84
122.02 1.49
44.33 3.83
37.54 1.70
63.01 6.82
17.20 4.88
18.91 4.87
30.50 2.62
66.82 3.59
12.68 4.97
62.18 6.32
118.55 1.52
103.64 1.93
41.53 1.69
32.46 5.36
69.59 1.49
18.11 3.40
81.63 0.54
75.77 1.16
64.10 0.69
39.19 4.95
19.78 1.21
15.86 2.08
50.50 2.89
39.54 4.78
19.83 3.43
15.28 2.88
33.26 2.59
54.34 1.32
44.47 7.67
85.77 5.67
56.80 2.18
27.45 2.91
44.46 6.93
32.86 4.38

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.6050 0.6150
1.65 3/29/11
3/31/11
5/10/11
0.3800 0.3850
1.32 7/27/11
7/29/11
8/15/11
0.3400 0.3600
5.88 12/13/10 12/15/10 1/3/11
0.5000 0.5500 10.00 3/2/11
3/4/11
3/15/11
0.4000 0.4300
7.50 8/3/11
8/5/11
9/10/11
0.2563 0.2750
7.32 2/25/11
3/1/11
3/31/11
0.2800 0.2900
3.57 1/12/11
1/14/11
2/1/11
1.9870 2.3527 18.40 2/24/11
2/28/11
4/8/11
1.4070 1.8176 29.18 3/24/11
3/28/11
4/5/11
0.4000 0.4250
6.25 1/5/11
1/7/11
2/1/11
0.1350 0.1600 18.52 8/24/11
8/26/11
9/14/11
1.0650 1.0750
0.94 10/28/10 11/1/10
11/5/10
0.2000 0.2100
5.00
1/28/10
2/1/10
2/10/10
0.2250 0.2300
2.22 2/9/11
2/11/11
2/23/11
0.1770 0.2000 12.99 3/11/11
3/15/11
3/31/11
0.5500 0.6000
9.09 5/18/11
5/20/11
6/1/11
0.1550 0.1575
1.61 4/27/11
5/1/11
5/15/11
0.9700 0.9825
1.29 7/29/11
8/2/11
8/12/11
0.4000 0.4500 12.50 1/28/11
2/1/11
2/15/11
0.4500 0.5000 11.11 3/3/11
3/7/11
3/15/11
0.1550 0.1750 12.90 12/15/10 12/17/10 12/31/10
0.1446 0.1449
0.22 6/29/11
7/1/11
7/15/11
0.2500 0.2600
4.00 3/11/11
3/15/11
3/31/11
0.1430 0.1540
7.69 6/15/11
6/17/11
7/15/11
0.0950 0.1100 15.79 1/5/11
1/7/11
1/28/11
0.1600 0.2200 37.50 2/16/11
2/18/11
3/31/11
0.0900 0.1100 22.22 1/3/11
1/5/11
1/21/11
0.4750 0.4850
2.11 3/8/11
3/10/11
4/1/11
0.1000 0.1200 20.00 6/16/11
6/20/11
6/28/11
0.3200 0.3300
3.13 11/5/10
11/9/10
12/1/10
0.3300 0.3650 10.61 12/8/10
12/10/10 12/29/10
0.4550 0.4725
3.85 4/28/11
5/2/11
6/6/11
0.1619 0.1700
5.00 5/24/11
5/26/11
6/9/11
0.1000 0.1100 10.00 5/16/11
5/18/11
6/3/11
0.8000 0.8600
7.50 11/17/10 11/19/10 12/3/10
0.1500 0.1800 20.00 12/29/10 12/31/10 1/31/11
0.8500 0.8525
0.29 1/28/11
2/1/11
2/8/11
1.1950 1.2150
1.67 8/4/11
8/8/11
8/12/11
0.2700 0.3100 14.81 3/11/11
3/15/11
3/29/11
0.1938 0.2000
3.23 4/27/11
4/29/11
5/13/11
0.7500 0.7700
2.67 7/28/11
7/31/11
8/12/11
0.3550 0.3600
1.41 3/15/11
3/17/11
3/31/11

Qtly
Sch

B10
B15
A04
C15
C10
C31
B01
Apr
Apr
B01
C14
B05
B10
B23
C31
C01
B15
B13
B15
C15
C31
Mo
C31
A15
A29
C31
A21
A01
JnDe
Dec
C29
C06
C09
C03
Dec
A29
B08
B12
C29
B13
B14
C31

Contenders

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

10-24 Straight Years Higher Dividends


No.

Company
Symbol
Teva Pharmaceutical Industries
TEVA
Thomson Reuters Corp. TRI
TJX Companies Inc.
TJX
Transatlantic Holdings
TRH
UGI Corp.
UGI
UMB Financial Corp.
UMBF
Unilever NV
UN
Unilever plc
UL
UniSource Energy Corp. UNS
United Technologies
UTX
Universal Forest Products UFPI
Universal Health Realty Trust
UHT
Urstadt Biddle Properties UBA
Valmont Industries
VMI
Vector Group Ltd.
VGR
W.P. Carey & Co. LLC
WPC
W.R. Berkley Corp.
WRB
Watsco Inc.
WSO
West Pharmaceutical Services
WST
Westamerica Bancorp
WABC
York Water Company
YORW
Averages for
147
Averages for

Industry

DRIP Fees 7/29/11

Yrs

Seq DR

SP

Drugs
Media
Retail-Apparel
Insurance
Utility-Electric/Gas
Banking
Consumer Products
Consumer Products
Utility-Electric/Gas
Conglomerate
Building Materials
REIT-Health Care
REIT-Shopping Centers
Industrial Goods
Tobacco
MLP-Real Estate
Insurance
Electronics
Medical Instruments
Banking
Utility-Water
companies:

12
18
15
21
24
20
11
11
12
17
16
22
17
10
13
14
10
10
18
19
14
15.2

203
138
175
116
105
117
218
219
204
157
160
110
151
243
188
185
241
236
135
121
181

Y
N
N
Y
Y
N
Y
N
N
N
N
Y
N

247 Champions/Contenders

24.7

Y
N
N
Y
Y
N
Y
N
N
N
N
N
N
N

Price Yield
46.64 1.87
34.43 3.60
55.30 1.37
51.21 1.72
30.30 3.43
41.50 1.88
32.48 3.64
32.06 3.69
36.82 4.56
82.84 2.32
29.47 1.36
41.21 5.87
17.74 5.52
97.35 0.74
17.51 9.14
38.34 5.74
30.79 1.04
59.18 3.85
43.87 1.55
46.93 3.07
17.04 3.08
46.48 3.11
47.50

3.05

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1860 0.2180 17.20 2/10/11
2/14/11
2/28/11
0.2900 0.3100
6.90 2/17/11
2/22/11
3/15/11
0.1500 0.1900 26.67 5/10/11
5/12/11
6/2/11
0.2100 0.2200
4.76 8/31/11
9/2/11
9/16/11
0.2500 0.2600
4.00 6/13/11
6/15/11
7/1/11
0.1850 0.1950
5.41 12/8/10
12/10/10 12/30/10
0.2861 0.2955
3.28 5/11/11
5/13/11
6/15/11
0.2861 0.2955
3.28 5/11/11
5/13/11
6/15/11
0.3900 0.4200
7.69 3/9/11
3/11/11
3/23/11
0.4250 0.4800 12.94 5/18/11
5/20/11
6/10/11
0.0600 0.2000 233.33 11/27/09
12/1/09 12/15/09
0.6000 0.6050
0.83
6/14/10
6/16/10
6/30/10
0.2425 0.2450
1.03 1/3/11
1/7/11
1/21/11
0.1650 0.1800
9.09 6/22/11
6/24/11
7/15/11
0.3810 0.4000
5.00 9/14/10
9/16/10
9/29/10
0.5120 0.5500
7.42 6/28/11
6/30/11
7/15/11
0.0700 0.0800 14.29 6/10/11
6/14/11
7/1/11
0.5200 0.5700
9.62 4/13/11
4/15/11
4/29/11
0.1600 0.1700
6.25 10/18/10 10/20/10 11/3/10
0.3500 0.3600
2.86
2/4/10
2/2/10
2/13/10
0.1280 0.1310
2.34 12/29/10 12/31/10 1/14/11
8.02
7.48

Qtly
Sch

B28
C15
C02
C16
A01
A04
C15
C15
C23
C10
JnDe
C30
A22
A15
C30
A15
A01
A29
B04
B13
A15

Contenders

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
0.64
38.10 (17.0) 13.72 12
1.68
N/A
2.55
1.13
N/A
N/A
n/a
n/a
560
15.98
0.64
24.24
20.5
15.71 12
2.64
2.06
1.24
2.08
2.10
2.47
17.6
9.6
1,920
32.83
ADR-Switz.
1.40
18.28 (38.6)
8.74 12
7.66
1.16
1.43
0.97
6.44
7.47
16.0
9.0
22,600
51.75
0.66
15.28
56.6
15.41 12
4.32
1.13
2.35
3.58
4.68
5.29
13.0
12.6
6,110
38.75
ADR-Bermuda
0.48
23.65 (36.3) 10.73 12
2.03
1.60
1.47
0.85
1.41
2.48
75.9
9.7
2,310
17.02
0.88
33.46
42.7
19.41 12
2.63
1.99
1.52
2.36
2.80
3.13
11.8
9.2
3,420
40.31
0.62
64.58
55.5
22.03 12
0.96
3.53
4.00
2.47
1.03
1.07
3.9
5.8
2,920
18.90
Adj/Stock Div
1.00
51.55
(4.3) 12.42 12
1.94
1.92
3.39
1.66
1.80
1.80
0.0
7.0
274
21.75
0.76
83.60
14.3
20.00 12
0.91
4.06
2.16
1.47
0.99
1.09
10.1
4.5
140
17.26
0.88
35.06
16.2
15.05 12
2.51
9.59
0.77
2.02
1.31
2.50
90.8
3.0
581
30.42
1.36
61.26
(7.4) 15.06 9
2.22
4.36
0.70
1.28
2.30
2.46
7.0
3.3
3,020
28.01
0.80
55.17 (14.9) 13.35 12
1.45
N/A
3.17
1.22
N/A
N/A
n/a
n/a
71
18.24
0.92
56.79 112.8
16.19 12
1.62
1.07
1.04
6.29
2.07
2.32
12.1
11.8
11,280
26.12
0.56
31.82
67.9
20.73 12
1.76
2.12
2.00
3.06
1.72
2.03
18.0
10.0
546
33.98
1.00
35.46 (13.0) 13.52 12
2.82
1.30
2.72
1.26
2.92
3.13
7.2
10.0
587
34.87
&,2/1 split-8/16
0.76
12.79
(6.1)
8.75 12
5.94
1.93
5.10
2.27
5.47
3.56 (34.9)
4.9
889
34.75
0.32
29.09
32.4
19.83 12
1.10
1.80
3.18
1.99
1.12
1.26
12.5
10.8
3,120
18.85
&
4.00 171.67
68.7
27.01 12
2.33
2.12
1.58
2.37
3.46
3.67
6.1
8.6
5,840
58.45
1.00
6.29 (59.6)
4.33 12
15.90
1.12
0.21
0.85
6.19
6.60
6.6
9.9
10,130
45.83
1.16
46.40 245.6
28.92 12
2.50
1.77
1.22
9.29
2.69
3.15
17.1
15.2
11,900
63.80
ADR-Canada
1.30
25.19
34.6
14.51 12
5.16
1.10
3.76
2.81
4.75
5.42
14.1
14.3
33,730
57.93
ADR-Canada
0.36
37.11
96.0
41.54 12
0.97
1.20
3.40
2.08
2.22
3.69
66.2
15.1
44,180
30.00
0.96
24.74 248.9
40.22 12
3.88
1.03
7.46
6.81
5.39
7.08
31.4
28.1
3,610
70.00
0.86
31.16
37.7
15.86 6
2.76
1.48
0.15
2.69
2.66
3.01
13.2
11.1
15,340
29.69
0.60
27.03
94.8
20.27 12
2.22
1.40
0.33
4.21
3.07
3.61
17.6
10.5
1,710
35.39
1.84
30.41
86.6
16.33 12
6.05
0.79
1.26
4.80
7.19
9.34
29.9
17.4
63,770
63.34
PinkSheets(.PK)
0.44
26.04 (48.8)
6.63 12
1.69
N/A
1.10
0.89
N/A
1.80
n/a
n/a
37
10.95
3.12
30.29
(7.2) 10.10 12
10.30
4.62
1.05
1.92 12.99 13.08
0.7
1.7 209,110
72.57
0.68
35.79
67.4
21.23 12
1.90
1.59
2.24
2.97
2.18
2.41
10.6
11.6
5,770
29.72
BulletinBoard(.OB)
1.04
n/a
n/a
n/a 12
N/A
N/A
N/A
N/A
N/A
n/a
n/a
N/A
29.00
0.88
57.89 (21.2) 12.24 12
1.52
2.58
1.14
n/a
n/a
90
17.50
1.04
53.33 (13.0) 12.90 12
1.95
1.23
3.40
1.32
2.00
2.09
4.5
10.2
926
21.76
PinkSheets(.PK)
0.50
30.67
80.0
18.40 2
1.63
2.68
3.96
n/a
n/a
438
20.02
will split to 2co's
2.64
31.73 (24.8)
8.65 12
8.32 -7.08
0.55
1.47
8.00
8.67
8.4
(1.3) 101,760
52.00
0.30
83.33
2.9
25.06 12
0.36
0.89
2.43
0.95
0.47
0.58
23.4
21.6
131
8.09
1.65 -5500.00
n/a -1035.67 12
-0.03
N/A
3.74
1.78
N/A
0.76
n/a
n/a
2,080
29.28
1.84
52.57
4.0
15.39 12
3.50
1.94
4.10
1.58
3.49
3.81
9.2
8.0
3,300
50.65
0.48
14.37 (42.6)
8.06 12
3.34
0.80
0.82
0.92
3.65
3.98
9.0
9.2
1,480
21.55
0.70
31.39 128.7
22.42 12
2.23
1.43
1.88
5.25
2.54
2.87
13.0
13.8
11,600
46.07
ADR-Canada
0.98
69.01
79.5
23.16 12
1.42
2.25
1.52
3.13
1.43
1.54
7.7
10.2
25,470
23.37
&
2.42 159.21
94.2
27.36 12
1.52
2.71
0.99
3.10
1.92
2.08
8.3
8.0
35,160
35.35
0.64
91.43 290.9 145.71 12
0.70
2.51
4.38
2.36
3.59
5.97
66.3
11.3
27,380
85.42

10-24 Straight Years Higher Dividends &=MultiIncThisYr

@=AnnualizedRate

Company
Symbol
1st Source Corp.
SRCE
A.O. Smith Corp.
AOS
ACE Limited
ACE
Albemarle Corp.
ALB
Alterra Capital Holdings Ltd.ALTE
AptarGroup Inc.
ATR
Aqua America Inc.
WTR
Arrow Financial Corp.
AROW
Artesian Resources
ARTNA
Atlantic Tele Network Inc. ATNI
Atmos Energy
ATO
Auburn National Bancorp AUBN
Avon Products Inc.
AVP
Badger Meter Inc.
BMI
BancFirst Corp. OK
BANF
Bank of the Ozarks Inc.
OZRK
Brown & Brown Inc.
BRO
Buckeye Partners LP
BPL
Bunge Limited
BG
C.H. Robinson Worldwide CHRW
Canadian National RailwayCNI
Canadian Natural Resources
CNQ
Ltd.
CARBO Ceramics
CRR
Cardinal Health Inc.
CAH
Casey's General Stores Inc.CASY
Caterpillar Inc.
CAT
Chesapeake Financial Shares
CPKF
Chevron Corp.
CVX
Church & Dwight
CHD
Citizens Financial ServicesCZFS
Citizens Holding Company CIZN
Community Bank System CBU
Computer Services Inc.
CSVI
ConocoPhillips
COP
Consolidated Water Co. CWCO
Corporate Office PropertiesOFC
Trust
Cullen/Frost Bankers
CFR
Delphi Financial Group
DFG
Ecolab Inc.
ECL
Enbridge Inc.
ENB
Enterprise Products Partners
EPD
LP
EOG Resources Inc.
EOG

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

Contenders

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
2.06
73.31 131.1
26.23 12
2.81
3.56
0.81
4.58
2.95
2.87
(2.7)
7.0
4,090
48.48
4.16 433.33 400.2 146.21 12
0.96
2.12 10.60
3.85
5.64
6.31
11.9
11.7
4,570 100.27
Semi-ann. Div
0.50
28.90 160.4
27.58 12
1.73
1.68
1.64
5.53
1.91
2.19
14.7
14.9
10,130
39.21
1.08
30.17 196.1
25.72 8
3.58
1.71
6.05
7.67
3.66
4.14
13.1
14.7
4,220
72.42
0.52
48.60 221.2
31.45 12
1.07
1.72
3.97
7.38
1.20
1.44
20.0
16.3
9,930
22.32
0.52
11.38
24.7
19.01 5
4.57
0.82
0.71
1.84
6.64
7.75
16.7
16.0
27,630
77.25
0.76
56.30 (25.9) 12.61 12
1.35
2.59
0.98
n/a
n/a
47
14.50
Semi-ann. Div
0.94
38.68 (11.6) 13.62 12
2.43
N/A
3.50
1.29
2.56
2.43
(5.1)
n/a
435
26.14
0.60
60.00
90.9
21.92 12
1.00
2.68
1.16
3.74
1.13
1.32
16.8
7.2
2,970
15.31
0.54
30.00
57.8
24.25 12
1.80
0.44
1.38
2.31
2.50
2.93
17.2
39.7
1,020
29.28
1.88
27.17 (10.8)
9.85 12
6.92
1.26
0.78
1.82
7.19
7.69
7.0
7.5
25,350
55.46
1.92 112.28
10.9
13.57 12
1.71
2.84
9.05
2.04
2.17
2.17
0.0
3.8
775
21.01
0.84
42.86 195.1
22.41 12
1.96
0.91
3.36
8.74
2.42
2.80
15.7
19.9
2,660
27.05
1.44
51.61 (28.9) 10.83 12
2.79
2.79
0.82
1.05
1.35
2.95 118.5
8.0
819
29.50
0.76
50.67 (33.4)
9.99 9
1.50
N/A
2.86
1.00
N/A
N/A
n/a
n/a
56
14.00
0.82 683.33 294.1 228.42 12
0.12
1.68
0.73
1.53
1.38
2.06
49.3
11.8
2,210
19.89
0.58
20.86 (29.2) 10.84 12
2.78
1.14
1.51
1.04
2.64
3.06
15.9
10.0
3,440
24.64
Streak w/Extra
1.00
18.76 (16.8) 10.32 12
5.33
N/A
3.38
1.51
N/A
N/A
n/a
n/a
117
35.02
ADR-Canada
0.44
14.19
38.5
14.20 12
3.10
0.62
1.47
3.04
3.78
3.58
(5.3)
18.8
37,320
35.65
2.82 171.95
66.9
19.28 9
1.64 17.22
1.85
3.25
0.52
1.08 107.7
3.5
3,470
31.91
ADR-India,@
0.57
20.79 140.5
22.88 3
2.72
1.31
5.56
5.69
2.93
3.36
14.7
16.2
35,550
56.73
3.00
24.35 147.7
14.76 12
12.32
1.15
2.07
9.35 13.34 14.82
11.1
11.9 216,400 122.17
&
1.92
47.41
20.2
19.24 4
4.05
2.16
1.86
1.69
5.14
5.58
8.6
7.0
8,910
57.20
FY Streak
0.42
27.63
58.3
19.05 6
1.52
1.46
2.66
2.96
1.56
1.72
10.3
12.7
2,500
23.34
Also Class B
0.80
28.57
57.5
17.88 4
2.80
1.77
1.76
3.12
3.13
3.53
12.8
9.0
3,050
34.96
Also KMR/stk,&
4.60 793.10 300.5 121.53 12
0.58
3.32
2.83
2.97
1.88
2.39
27.1
11.3
22,660
65.86
Adj/Stock Div
0.76 107.04 (12.2) 22.54 12
0.71
N/A
1.98
0.77
N/A
N/A
n/a
n/a
42
14.01
0.62
29.52
27.9
16.30 12
2.10
0.79
1.21
2.26
2.42
2.85
17.8
17.9
2,840
24.53
0.96
40.68 206.8
12.42 6
2.36
1.43
4.52 17.06
2.18
2.42
11.0
9.4
6,670
28.45
&
3.14 103.29
98.8
19.41 12
3.04
3.18
3.93
4.58
3.37
3.54
5.0
5.5
6,650
47.50
0.32
13.22
19.8
14.95 9
2.42
1.09
1.22
2.16
2.46
2.73
11.0
13.5
1,070
30.87
0.88
63.31
41.0
16.52 6
1.39
0.87
2.77
2.71
1.79
2.01
12.3
14.7
6,780
15.67
0.92
57.14
22.8
16.17 12
1.61
1.64
2.09
2.10
1.59
1.71
7.5
10.0
633
19.93
0.65
51.18
7.4
16.98 12
1.27
2.69
1.03
1.53
1.29
1.48
14.7
6.2
4,070
18.10
2.40
88.24 (17.6) 13.65 12
2.72
1.92
0.73
1.12
2.65
2.58
(2.6)
7.3
2,040
37.15
1.02
35.79 (10.0) 10.47 6
2.85
0.99
0.93
1.74
2.67
3.15
18.0
11.3
1,360
28.55
0.76 122.58 212.3
34.84 9
0.62
1.72
5.87
6.30
0.71
0.87
22.5
17.7
886
17.33
0.26
62.86
40.5
25.10 1
0.42
1.83
1.68
1.77
0.47
0.47
0.0
12.3
155
8.91
&
1.38
64.37
57.2
15.70 3
2.15
1.59
4.34
3.54
2.11
2.29
8.5
10.1
6,430
27.46
1.12
39.02
95.5
25.60 8
2.87
1.82
3.46
3.36
2.88
3.41
18.4
14.0
39,290
47.07
1.10
23.21
(6.6) 13.55 12
4.74
1.27
0.48
1.45
6.28
7.56
20.4
8.1
12,420
52.80
Semi-ann. Div
0.96
41.56 (19.9) 11.18 12
2.31
N/A
3.98
1.29
2.41
2.46
2.1
n/a
179
21.27

10-24 Straight Years Higher Dividends &=MultiIncThisYr

@=AnnualizedRate

Company
Symbol
Erie Indemnity Company ERIE
Essex Property Trust
ESS
Expeditors International
EXPD
Factset Research System Inc.
FDS
Fastenal Company
FAST
FedEx Corp.
FDX
First Capital Inc.
FCAP
First Financial Corp.
THFF
Flowers Foods
FLO
Franklin Electric Co.
FELE
General Dynamics
GD
Getty Realty Corp.
GTY
Graco Inc.
GGG
Harleysville Group
HGIC
Harleysville Savings
HARL
Harsco Corp.
HSC
HCC Insurance Holdings HCC
Hingham Institution for Savings
HIFS
Imperial Oil Ltd.
IMO
Inergy LP
NRGY
Infosys Technologies Ltd INFY
International Business Machines
IBM
J.M. Smucker Co.
SJM
Jack Henry & Associates JKHY
John Wiley & Sons Inc.
JW-A
Kinder Morgan Energy Partners
KMP
Landmark Bancorp Inc.
LARK
Lincoln Electric Holdings LECO
Linear Technology Corp. LLTC
Magellan Midstream Partners
MMP
LP
Matthews International
MATW
Maxim Integrated Products MXIM
McGrath Rentcorp
MGRC
MDU Resources
MDU
Mercury General Corp.
MCY
Meredith Corp.
MDP
Meridian Bioscience Inc. VIVO
Met-Pro Corp.
MPR
Microchip Technology Inc. MCHP
Monsanto Company
MON
Murphy Oil Corp.
MUR
National Bankshares
NKSH

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

Contenders

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
2.46
94.25
48.1
17.43 12
2.61
2.63 16.04
2.83
2.98
3.09
3.7
5.8
1,260
37.00
1.54 181.18
38.9
29.52 12
0.85
5.50
7.75
1.47
1.52
1.58
3.9
3.0
2,130
22.85
1.44
75.00
52.7
22.71 9
1.92
6.00
0.65
2.31
2.59
2.81
8.5
2.8
1,800
36.09
2.20
54.73
(0.2) 13.74 12
4.02
2.40
1.60
1.63
4.49
4.74
5.6
5.1
23,310
50.00
&
1.72
40.66
42.4
17.90 12
4.23
1.05
2.73
2.55
4.91
5.67
15.5
14.7
26,740
51.53
1.10
47.01
0.7
14.53 12
2.34
1.91
1.27
1.57
2.32
2.43
4.7
7.7
6,010
27.73
1.16
44.79 (29.9) 10.33 12
2.59
3.20
1.07
n/a
n/a
74
25.75
Ann,ADR-Switz
2.35
55.23
17.2
14.37 12
4.26
2.45
2.63
2.15
5.54
5.73
3.4
n/a 139,900
48.49
Ann,ADR-Den.
1.82
36.21 236.2
24.31 12
5.02
1.35
5.79 10.46
5.60
6.43
14.8
16.1
69,750
81.15
Being Acquired
1.70
50.90
18.7
13.27 12
3.34
3.48
1.58
2.39
2.65
2.74
3.4
4.8
4,590
36.82
&
0.64
34.22 112.3
20.07 12
1.87
1.12
1.49
5.05
2.39
2.72
13.8
14.0
2,310
25.50
4.30 131.90
15.8
19.33 12
3.26
4.09
0.87
1.56
3.27
3.68
12.5
4.7
4,070
56.21
0.84
64.12 (24.0) 13.13 12
1.31
2.05
0.99
n/a
n/a
69
16.50
0.92
43.19 (39.4)
8.88 12
2.13
N/A
2.47
0.93
0.60
2.44 306.7
n/a
151
18.29
0.80
45.45
29.9
17.33 12
1.76
1.54
0.23
2.19
1.99
2.20
10.6
10.0
1,940
25.68
ADR-Bermuda
2.40 -260.87
n/a -72.63 12
-0.92 -1.44
0.83
0.74 -5.28
8.08 (253.0)
n/a
4,510
67.10
0.63 134.04
1.0
26.98 12
0.47
2.59
4.37
0.85
0.66
0.88
33.3
7.4
4,390
12.17
&
3.93 156.57
46.5
24.77 12
2.51
4.25
0.34
1.95
3.62
3.71
2.5
4.0
9,270
57.80
2/1 split-9/12
1.80
31.97 210.8
21.06 12
5.63
1.28
1.85 10.32
6.10
7.26
19.0
15.2
4,070
51.81
2.00
48.54 137.1
25.16 12
4.12
1.51
2.98
5.03
5.47
6.26
14.4
12.5
31,440
84.52
0.70
24.48
(8.4) 14.52 12
2.86
1.55
5.29
1.30
3.01
3.20
6.3
8.9
1,950
28.27
Monthly Div,&
1.74 167.16
80.2
31.21 12
1.04
4.63 11.51
2.34
2.02
2.14
5.9
3.5
4,120
31.35
ADR-Bermuda
1.04
19.81 (14.9) 13.26 12
5.25 19.62
3.00
1.23
0.43
8.22 1811.6
8.2
3,600
55.18
0.62
14.10 (59.7)
4.14 12
4.37
0.46
1.51
0.88
4.28
3.89
(9.1)
9.2
379
16.81
0.44
11.08
58.2
20.56 12
3.97
1.39
3.16
2.74
4.23
4.77
12.8
13.9
7,830
56.96
0.88
17.78 107.5
15.31 1
4.95
1.11
1.11
6.33
5.36
6.02
12.3
12.7
8,860
48.71
0.44
39.29 150.7
57.23 6
1.12
9.98 18.06
2.47
1.31
1.83
39.7
4.9
3,550
43.49
1.94
65.32 (11.4) 13.20 12
2.97
2.42
1.14
1.34
3.07
3.19
3.9
5.3
5,030
37.86
Semi-ann. Div
0.24
19.67
56.5
16.21 12
1.22
1.24
4.02
3.40
1.25
1.45
16.0
12.8
3,660
17.35
Annual Div.
0.33
54.10
50.5
26.00 12
0.61
1.65
1.78
1.96
0.68
1.10
61.8
14.1
377
15.50
1.46
50.52
39.3
17.47 12
2.89
2.37
1.64
2.50
3.01
3.32
10.3
7.1
1,510
44.55
1.89
84.00
26.5
17.57 12
2.25
2.67
1.95
2.05
2.52
2.70
7.1
5.9
33,570
35.11
Adj/Stock Div
0.68
30.22 (23.6)
8.81 12
2.25
1.75
2.80
1.49
1.92
2.10
9.4
5.9
326
17.78
0.44
32.12
(4.0) 11.15 10
1.37
N/A
0.81
1.86
1.40
1.48
n/a
n/a
43
13.31
Annual Div.
0.86
26.30 (39.9) 10.17 12
3.27
1.44
0.54
0.80
2.99
4.03
34.8
7.7
1,500
33.11
0.72
22.78
43.7
17.20 12
3.16
1.34
2.68
2.70
3.71
4.13
11.3
10.9
21,090
42.74
3.41 108.25
49.7
14.12 9
3.15
3.66
1.40
3.57
3.48
3.70
6.3
3.5
1,570
46.22
&
4.86
52.37
11.6
9.24 12
9.28
3.27
0.34
3.03
5.11
5.53
8.2
5.1
2,840
72.25
1.24
46.27
99.8
21.19 12
2.68
1.53
5.87
4.24
3.14
3.64
15.9
11.8
14,750
43.30
0.80 195.12 328.8
66.95 12
0.41
2.88
7.98
6.18
1.42
1.55
9.2
6.7
2,230
21.36
3.08
99.68
9.6
14.39 12
3.09
2.40 10.17
1.88
3.27
3.39
3.7
5.7
2,060
39.87
1.44
43.11 (38.0)
9.84 9
3.34
N/A
1.65
0.88
N/A
3.85
n/a
n/a
68
27.15

10-24 Straight Years Higher Dividends &=MultiIncThisYr

@=AnnualizedRate

Company
Symbol
National Health Investors NHI
National Retail Properties NNN
New Jersey Resources
NJR
NextEra Energy
NEE
Norfolk Southern
NSC
Northeast Utilities
NU
Norwood Financial
NWFL
Novartis AG
NVS
Novo Nordisk A/S
NVO
NSTAR
NST
Nu Skin Enterprises Inc. NUS
NuStar Energy LP
NS
Ohio Valley Banc Corp.
OVBC
Orrstown Financial ServicesORRF
Owens & Minor Inc.
OMI
PartnerRe Limited
PRE
People's United Financial PBCT
Plains All American PipelinePAA
LP
Polaris Industries
PII
Praxair Inc.
PX
Prosperity Bancshares
PRSP
Realty Income Corp.
O
RenaissanceRe Holdings RNR
Republic Bancorp KY
RBCAA
Roper Industries Inc.
ROP
Ross Stores Inc.
ROST
Royal Gold Inc.
RGLD
SCANA Corp.
SCG
SEI Investments Company SEIC
Shenandoah Telecommunications
SHEN
South Jersey Industries
SJI
Southern Company
SO
Southside Bancshares
SBSI
Span-America Medical Systems
SPAN
StanCorp Financial Group SFG
Stryker Corp.
SYK
Suburban Propane PartnersSPH
LP
Sunoco Logistics Partners LP
SXL
T. Rowe Price Group
TROW
Tanger Factory Outlet Centers
SKT
TC Pipelines LP
TCLP
Teche Holding Co.
TSH

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

Contenders

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
ADR-Israel
0.87
23.44
0.2
12.54 12
3.72
1.10
2.51
1.80
5.08
5.63
10.8
8.3
41,650
44.86
1.24 100.81
35.7
27.99 12
1.23
1.58
2.19
1.48
1.99
2.51
26.1
11.0
28,770
33.64
0.76
23.90 129.8
17.39 1
3.18
1.07
0.96
6.83
3.93
4.40
12.0
13.2
21,350
39.56
Being Acquired
0.88
28.76 (22.9) 16.74 12
3.06
8.95
0.73
0.80
0.83
6.07 631.3
6.9
3,200
43.85
1.04
43.33
(5.8) 12.63 9
2.40
4.24
0.58
1.58
2.34
2.61
11.5
3.1
3,380
26.32
0.78
32.91
9.8
17.51 12
2.37
2.74
2.51
1.55
2.61
2.82
8.0
5.8
1,680
31.77
ADR-Neth.,@,&
1.18
56.28
73.7
15.47 12
2.10
2.42
1.44
4.39
2.31
2.54
10.0
5.8
91,260
26.22
ADR-UK,@,&
1.18
56.28
71.6
15.27 12
2.10
1.40
1.42
4.34
2.22
2.50
12.6
10.3
90,080
25.90
1.68
61.31
(0.4) 13.44 12
2.74
4.46
0.92
1.66
2.83
2.76
(2.5)
2.9
1,350
31.56
1.92
37.21
56.4
16.05 12
5.16
1.38
1.36
3.43
5.45
6.21
13.9
11.0
75,820
64.57
Semi-ann. Div
0.40 235.29 174.8 173.35 12
0.17 10.13
0.32
0.98
0.31
1.26 306.5
9.4
572
23.14
2.42 198.36 134.4
33.78 12
1.22
6.72 16.84
3.66
2.61
2.56
(1.9)
2.3
521
31.24
AlsoUBPat90%
0.98 142.03
53.1
25.71 10
0.69
2.89
5.55
2.05
1.25
1.23
(1.6)
4.9
494
16.71
0.72
14.43
44.3
19.51 12
4.99
1.47
1.09
2.40
5.87
7.07
20.4
11.3
2,560
65.94
Adj/Stock Div
1.60 197.53
n/a 21.62 12
0.81
N/A
2.42
N/A
N/A
N/A
n/a
n/a
1,310
15.37
&
2.20 105.77
40.5
18.43 12
2.08
N/A
5.29
2.41
2.73
2.21 (19.0)
n/a
1,520
27.86
0.32
10.85 (26.6) 10.44 12
2.95
1.39
0.92
1.16
2.36
2.57
8.9
9.4
4,360
26.05
2.28
88.03
61.2
22.85 12
2.59
0.90
0.68
2.56
3.11
3.87
24.4
21.1
1,950
50.80
0.68
35.98
50.7
23.21 12
1.89
1.26
1.30
2.20
2.38
2.64
10.9
14.6
1,470
32.74
1.44
46.01
27.5
14.99 12
3.13
3.49
5.28
2.44
3.13
3.39
8.3
4.3
1,340
45.60
0.52
71.78
56.5
23.34 12
0.73
3.83
5.49
2.36
0.76
0.80
5.3
5.9
217
13.50
28.56
46.1
15.44
2.75
2.46
2.85
2.84
2.99
3.54
35.8
6.3
13,909
36.50

10-24 Straight Years Higher Dividends &=MultiIncThisYr

@=AnnualizedRate

Company
Symbol
Teva Pharmaceutical Industries
TEVA
Thomson Reuters Corp. TRI
TJX Companies Inc.
TJX
Transatlantic Holdings
TRH
UGI Corp.
UGI
UMB Financial Corp.
UMBF
Unilever NV
UN
Unilever plc
UL
UniSource Energy Corp. UNS
United Technologies
UTX
Universal Forest Products UFPI
Universal Health Realty Trust
UHT
Urstadt Biddle Properties UBA
Valmont Industries
VMI
Vector Group Ltd.
VGR
W.P. Carey & Co. LLC
WPC
W.R. Berkley Corp.
WRB
Watsco Inc.
WSO
West Pharmaceutical Services
WST
Westamerica Bancorp
WABC
York Water Company
YORW
Averages for
147
Averages for

247

26.91

43.7

14.49

2.89

2.09

2.48

2.82

2.94

3.42

25.5

7.7

18,003

37.67

Contenders

Dividends Paid by Year

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

10-24 Straight Years Higher Dividends

Company
Symbol
1st Source Corp.
SRCE
A.O. Smith Corp.
AOS
ACE Limited
ACE
Albemarle Corp.
ALB
Alterra Capital Holdings Ltd.ALTE
AptarGroup Inc.
ATR
Aqua America Inc.
WTR
Arrow Financial Corp.
AROW
Artesian Resources
ARTNA
Atlantic Tele Network Inc. ATNI
Atmos Energy
ATO
Auburn National Bancorp AUBN
Avon Products Inc.
AVP
Badger Meter Inc.
BMI
BancFirst Corp. OK
BANF
Bank of the Ozarks Inc.
OZRK
Brown & Brown Inc.
BRO
Buckeye Partners LP
BPL
Bunge Limited
BG
C.H. Robinson Worldwide CHRW
Canadian National RailwayCNI
Canadian Natural Resources
CNQ
Ltd.
CARBO Ceramics
CRR
Cardinal Health Inc.
CAH
Casey's General Stores Inc.CASY
Caterpillar Inc.
CAT
Chesapeake Financial Shares
CPKF
Chevron Corp.
CVX
Church & Dwight
CHD
Citizens Financial ServicesCZFS
Citizens Holding Company CIZN
Community Bank System CBU
Computer Services Inc.
CSVI
ConocoPhillips
COP
Consolidated Water Co. CWCO
Corporate Office PropertiesOFC
Trust
Cullen/Frost Bankers
CFR
Delphi Financial Group
DFG
Ecolab Inc.
ECL
Enbridge Inc.
ENB
Enterprise Products Partners
EPD
LP
EOG Resources Inc.
EOG

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

52-week % from % from


High
Low
High
24.00
44.2
4.0
45.80
26.3
9.5
69.83
29.4
4.1
71.79
71.8
7.3
23.62
28.0
7.7
54.66
26.6
6.6
23.79
11.9
11.1
28.51
10.8
15.5
19.99
5.4
9.0
55.40
24.2
31.8
35.25
19.4
5.2
22.00
6.1
12.0
36.20
0.4
27.5
45.49
7.4
19.8
44.67
9.4
14.6
55.42
49.5
6.3
27.07
15.7
19.4
71.67
7.7
12.2
76.13
50.1
9.6
82.61
13.3
12.5
81.26
29.2
7.9
52.04
34.3
22.6
183.34 123.0
14.9
47.06
47.4
7.0
47.43
27.2
5.1
116.55
56.0
15.2
15.00
2.3
25.3
109.94
43.3
5.4
42.84
35.7
5.8
45.00
37.9
11.1
23.49
6.3
20.8
28.95
15.6
13.1
32.00
49.9
6.3
81.80
38.4
12.0
12.43
11.5
27.4
39.46
6.1
21.3
62.59
6.4
13.9
32.62
24.9
17.5
57.19
8.5
12.6
33.73
40.7
2.5
44.35
17.7
6.2
121.44
19.4
16.0

5/10
A/D*
0.901
0.976
0.755
1.349
n/a
0.651
1.058
0.506
1.197
1.085
0.959
0.884
0.654
1.342
0.891
0.533
0.782
1.310
n/a
0.965
1.039
n/a
1.129
1.245
0.988
1.362
0.724
1.251
1.639
0.846
0.502
0.779
0.909
1.045
0.354
1.192
0.996
n/a
1.217
1.203
0.791
1.291

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
3.4
5.2
11.3
12.0
10.5
10.0
7.3
3.0
4.2
10.8
1.5
2.6
4.8
13.0
5.6
15.4
3.3
5.5
10.0
8.3
17.5
55.9
8.6
14.3
26.6
2.4
2.4
6.8
34.8
5.1
4.9
4.5
13.9
12.6
11.1
5.3
4.1
5.0
10.7
26.6
5.5
7.0

3-yr
2.9
5.0
7.2
10.1
9.5
9.7
7.1
3.4
4.3
12.2
1.5
3.7
5.9
15.2
8.3
11.7
7.7
5.9
10.1
13.0
10.1
22.3
13.5
19.7
20.8
9.2
7.1
7.9
27.4
5.3
5.2
4.3
12.2
9.4
5.6
7.8
4.9
6.3
10.5
12.5
6.1
22.7

5-yr
6.5
4.8
7.8
12.6
18.5
13.5
8.1
3.7
5.3
12.8
1.6
6.1
5.9
12.4
10.1
10.2
12.9
6.2
9.5
28.2
16.8
23.0
16.1
32.0
19.0
13.6
7.2
10.2
20.9
5.5
5.5
4.7
14.3
12.7
5.0
9.0
8.8
11.8
12.1
11.8
6.6
32.4

Amounts in Red indicate no increase during year

10-yr #
7.2
4.9
10.3
9.3
n/a
20.8
7.7
7.2
4.5
11.7
1.6
6.9
9.1
9.2
11.4
19.0
16.6
4.8
n/a
29.2
16.2
n/a
14.3
25.7
19.2
10.0
9.9
8.1
12.8
6.5
11.0
6.1
15.7
12.2
14.1
7.5
8.9
n/a
10.0
9.8
8.3
25.1

2010
0.6100
0.5400
1.2800
0.5600
0.4200
0.6600
0.5900
0.9782
0.7529
0.8200
1.3450
0.7800
0.8800
0.5200
0.9400
0.6000
0.3125
3.8250
0.8800
1.0400
1.0470
0.2915
0.7600
0.7200
0.4050
1.7200
0.4300
2.8400
0.3100
1.0150
0.8500
0.9200
0.4100
2.1500
0.3000
1.5900
1.7800
0.4200
0.6200
0.8240
2.2850
0.6100

2009
0.5900
0.5133
1.1500
0.5000
0.3800
0.6000
0.5500
0.9497
0.7225
0.7400
1.3250
0.7600
0.8400
0.4600
0.8900
0.5200
0.3025
3.6250
0.8000
0.9600
0.8910
0.1870
0.7000
0.6300
0.3200
1.6800
0.4200
2.6600
0.2300
0.9656
0.8100
0.8800
0.3600
1.9100
0.2700
1.5100
1.7100
0.4000
0.5600
0.6510
2.1650
0.5700

2008
0.5800
0.4933
1.0900
0.4800
0.3600
0.5600
0.5100
0.9332
0.7072
0.6600
1.3050
0.7400
0.8000
0.4000
0.8200
0.5000
0.2850
3.4250
0.7200
0.8800
0.8670
0.1865
0.6200
0.5200
0.2800
1.5600
0.4050
2.5300
0.1700
0.9170
0.7700
0.8500
0.3300
1.8800
0.2600
1.3950
1.6600
0.3900
0.5200
0.6245
2.0450
0.4650

2007
0.5600
0.4667
1.0400
0.4200
0.3200
0.5000
0.4800
0.8851
0.6640
0.5800
1.2850
0.7000
0.7400
0.3400
0.7400
0.4300
0.2500
3.2250
0.6600
0.7200
0.7850
0.1595
0.5200
0.4200
0.2300
1.3200
0.3500
2.2600
0.1500
0.8692
0.7300
0.8100
0.2900
1.6400
0.2550
1.2700
1.5400
0.3500
0.4600
0.5790
1.9150
0.3300

2006
0.5345
0.4400
0.9600
0.3450
0.2400
0.4200
0.4438
0.8593
0.6134
0.5000
1.2650
0.6400
0.7000
0.3100
0.6600
0.4000
0.2100
3.0250
0.6200
0.5200
0.5750
0.1320
0.4400
0.3000
0.1900
1.1000
0.3210
2.0100
0.1300
0.8244
0.6900
0.7700
0.2500
1.4400
0.2400
1.1500
1.3200
0.3067
0.4000
0.5110
1.7950
0.2200

2005
0.4455
0.4267
0.8800
0.3100
0.1800
0.3500
0.3994
0.8171
0.5805
0.4500
1.2450
0.5800
0.6600
0.2900
0.5800
0.3700
0.1700
2.8250
0.5600
0.3000
0.4810
0.1038
0.3600
0.1800
0.1700
0.9100
0.3040
1.7500
0.1200
0.7764
0.6500
0.7300
0.2100
1.1800
0.2350
1.0350
1.1650
0.2400
0.3500
0.4715
1.6600
0.1500

2004
0.3818
0.4133
0.8000
0.2925
0.1200
0.2200
0.3675
0.7679
0.5533
0.4100
1.2250
0.5000
0.5600
0.2750
0.5150
0.3000
0.1450
2.6375
0.4800
0.2400
0.3625
0.0888
0.2933
0.1200
0.1500
0.7800
0.2830
1.5300
0.1133
0.7312
0.6000
0.6600
0.1600
0.8950
0.2250
0.9600
1.0350
0.2133
0.3200
0.4580
1.5125
0.1150

2003
0.3364
0.3867
0.7400
0.2825
0.0900
0.1250
0.3420
0.7001
0.5327
0.3700
1.2050
0.4800
0.4200
0.2650
0.4550
0.2300
0.1150
2.5375
0.4200
0.1600
0.3334
0.0750
0.2533
0.1100
0.1200
0.7100
0.2380
1.4300
0.1033
0.6868
0.5700
0.5950
0.1250
0.8150
0.2100
0.8950
0.9400
0.1600
0.2900
0.4150
1.4425
0.0900

Contenders

Dividends Paid by Year

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

10-24 Straight Years Higher Dividends

Company
Symbol
Erie Indemnity Company ERIE
Essex Property Trust
ESS
Expeditors International
EXPD
Factset Research System Inc.
FDS
Fastenal Company
FAST
FedEx Corp.
FDX
First Capital Inc.
FCAP
First Financial Corp.
THFF
Flowers Foods
FLO
Franklin Electric Co.
FELE
General Dynamics
GD
Getty Realty Corp.
GTY
Graco Inc.
GGG
Harleysville Group
HGIC
Harleysville Savings
HARL
Harsco Corp.
HSC
HCC Insurance Holdings HCC
Hingham Institution for Savings
HIFS
Imperial Oil Ltd.
IMO
Inergy LP
NRGY
Infosys Technologies Ltd INFY
International Business Machines
IBM
J.M. Smucker Co.
SJM
Jack Henry & Associates JKHY
John Wiley & Sons Inc.
JW-A
Kinder Morgan Energy Partners
KMP
Landmark Bancorp Inc.
LARK
Lincoln Electric Holdings LECO
Linear Technology Corp. LLTC
Magellan Midstream Partners
MMP
LP
Matthews International
MATW
Maxim Integrated Products MXIM
McGrath Rentcorp
MGRC
MDU Resources
MDU
Mercury General Corp.
MCY
Meredith Corp.
MDP
Meridian Bioscience Inc. VIVO
Met-Pro Corp.
MPR
Microchip Technology Inc. MCHP
Monsanto Company
MON
Murphy Oil Corp.
MUR
National Bankshares
NKSH

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

52-week % from % from


High
Low
High
75.71
52.0
2.7
144.77
40.0
3.0
57.15
21.7
16.5
112.40
27.2
18.1
36.80
50.8
8.6
98.66
12.5
11.9
18.82
17.4
9.5
37.10
26.6
10.8
23.13
43.2
5.2
51.18
49.1
14.7
78.27
22.9
12.9
32.20
10.4
28.0
54.41
62.4
19.3
37.81
2.4
20.1
15.85
7.0
5.5
36.78
37.8
25.5
33.12
22.3
9.0
55.00
57.1
0.0
55.63
23.5
20.9
43.95
-0.9
28.1
77.92
9.7
20.1
185.63
48.8
2.0
80.25
36.2
2.9
34.17
24.0
15.3
53.04
43.2
5.6
78.00
7.0
9.6
18.99
14.2
15.7
39.62
39.5
13.6
36.14
3.0
18.9
63.10
24.3
6.5
41.08
17.2
11.9
28.44
46.5
19.3
29.21
30.6
10.9
24.05
19.1
10.4
45.08
0.0
17.6
37.51
4.6
20.4
27.37
24.6
21.1
12.50
18.3
15.7
41.50
22.9
18.7
77.09
56.1
4.7
78.16
21.6
17.8
32.80
21.4
21.3

5/10
A/D*
0.600
0.859
0.786
1.202
0.487
n/a
0.788
0.425
1.123
0.687
1.293
0.138
0.528
1.539
0.412
1.126
1.082
0.539
1.220
n/a
0.827
1.522
0.310
1.129
0.863
0.650
1.053
1.287
0.766
n/a
0.813
n/a
0.868
1.010
0.700
0.937
1.333
1.064
n/a
n/a
1.646
0.643

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
6.7
0.4
5.3
14.1
16.7
6.8
2.8
2.2
14.8
3.0
10.1
1.1
5.3
9.6
2.7
3.1
7.8
7.5
11.8
5.7
16.6
16.3
13.1
11.8
11.1
2.9
5.0
3.7
4.5
2.4
9.4
2.5
4.1
1.6
1.7
2.2
11.8
2.5
1.0
3.9
5.0
8.3

3-yr
6.3
4.4
12.6
28.4
24.1
6.4
2.9
1.9
23.0
3.1
14.2
1.2
6.6
15.9
3.8
4.9
10.3
4.8
6.1
6.3
22.3
18.6
9.5
13.5
12.6
8.4
5.0
8.4
8.5
5.3
8.8
6.1
8.5
4.6
4.4
7.5
20.6
5.8
6.0
25.0
15.9
6.2

5-yr
8.1
5.1
21.7
34.8
22.1
8.7
5.6
2.3
24.8
6.3
16.0
1.8
9.0
14.7
4.5
6.4
15.9
3.3
5.9
6.8
30.8
26.2
7.9
16.1
12.7
7.1
7.4
9.2
18.1
8.1
9.4
14.0
11.0
5.3
6.6
10.4
28.9
6.6
24.9
25.9
18.5
5.1

Amounts in Red indicate no increase during year

10-yr #
13.5
5.9
27.6
29.0
45.3
n/a
7.1
5.5
22.1
9.1
12.4
13.2
17.0
9.6
10.9
5.7
14.7
6.0
4.9
n/a
37.3
17.2
25.5
14.3
14.7
10.9
7.0
7.2
23.7
n/a
11.6
n/a
12.7
5.2
9.5
11.1
21.7
6.2
n/a #
n/a
11.2
7.9

2010
1.9200
4.1275
0.4000
0.8900
0.4200
0.4700
0.7400
0.9200
0.5167
0.5150
1.6400
1.9050
0.8000
1.3700
0.7600
0.8200
0.5500
1.1500
0.4180
2.7900
0.5655
2.5000
1.5500
0.3800
0.6000
4.3200
0.7238
0.5600
0.9200
2.9075
0.2900
0.8200
0.8950
0.6300
2.3700
0.9200
0.7600
0.2460
1.3700
1.0750
1.0500
0.9100

2009
1.8000
4.1100
0.3800
0.7800
0.3600
0.4400
0.7200
0.9000
0.4500
0.5000
1.4900
1.8850
0.7600
1.2500
0.7400
0.7950
0.5100
1.0700
0.3740
2.6400
0.4851
2.1500
1.3700
0.3400
0.5400
4.2000
0.6893
0.5400
0.8800
2.8400
0.2650
0.8000
0.8600
0.6200
2.3300
0.9000
0.6800
0.2400
1.3570
1.0350
1.0000
0.8400

2008
1.7600
3.9900
0.3200
0.6600
0.2600
0.4300
0.7100
0.8900
0.3833
0.4950
1.3400
1.8650
0.7400
1.1000
0.7000
0.7800
0.4550
1.0200
0.3620
2.4800
0.3853
1.9000
1.2600
0.3000
0.4800
3.8900
0.6565
0.5000
0.8400
2.7220
0.2450
0.7750
0.7800
0.5900
2.3200
0.8600
0.5600
0.2250
1.3270
0.8300
0.8750
0.8000

2007
1.6000
3.6300
0.2800
0.4200
0.2200
0.3900
0.6800
0.8700
0.2778
0.4700
1.1000
1.8400
0.6600
0.8800
0.6800
0.7100
0.4100
1.0000
0.3500
2.3200
0.3090
1.5000
1.1800
0.2600
0.4200
3.3900
0.6252
0.4400
0.7200
2.4930
0.2250
0.6875
0.7000
0.5500
2.0800
0.7400
0.4333
0.2080
1.1500
0.5500
0.6750
0.7600

2006
1.4400
3.3300
0.2200
0.2300
0.2000
0.3500
0.6491
0.8500
0.2111
0.4300
0.8900
1.8100
0.5800
0.7300
0.6500
0.6500
0.3500
0.9900
0.3200
2.1700
0.2048
1.1000
1.1100
0.2200
0.3800
3.2300
0.5485
0.3800
0.6000
2.2860
0.2050
0.5625
0.6200
0.5150
1.9200
0.6400
0.3067
0.1928
0.8900
0.4000
0.5250
0.7300

2005
1.3000
3.2200
0.1500
0.2000
0.1550
0.3100
0.5636
0.8200
0.1704
0.3800
0.7800
1.7400
0.5200
0.6900
0.6100
0.6000
0.2633
0.9800
0.3133
2.0050
0.1475
0.7800
1.0600
0.1800
0.3300
3.0700
0.5074
0.3600
0.4000
1.9655
0.1850
0.4250
0.5300
0.4867
1.7200
0.5600
0.2133
0.1789
0.4500
0.3400
0.4500
0.7100

2004
0.8600
3.1500
0.1100
0.1800
0.1000
0.2700
0.5454
0.7900
0.1407
0.3100
0.7000
1.7000
0.3733
0.6800
0.5100
0.5500
0.2067
0.9200
0.2933
1.6400
0.0974
0.7000
0.9800
0.1600
0.2800
2.8100
0.4833
0.3350
0.3200
1.7200
0.1650
0.3400
0.4300
0.4600
1.4800
0.4800
0.1778
0.1671
0.1730
0.2750
0.4250
0.6400

2003
0.7600
3.1100
0.0800
0.1533
0.0525
0.2100
0.5091
0.7000
0.0889
0.2750
0.6300
1.6625
0.2207
0.6700
0.4200
0.5260
0.1900
0.8800
0.2900
1.4825
0.0780
0.6300
0.8900
0.1400
0.2300
2.5750
0.4467
0.3200
0.2300
1.5325
0.1240
0.2200
0.3900
0.4333
1.3200
0.3800
0.1600
0.1550
0.0980
0.2500
0.4000
0.5650

Contenders

Dividends Paid by Year

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

10-24 Straight Years Higher Dividends

Company
Symbol
National Health Investors NHI
National Retail Properties NNN
New Jersey Resources
NJR
NextEra Energy
NEE
Norfolk Southern
NSC
Northeast Utilities
NU
Norwood Financial
NWFL
Novartis AG
NVS
Novo Nordisk A/S
NVO
NSTAR
NST
Nu Skin Enterprises Inc. NUS
NuStar Energy LP
NS
Ohio Valley Banc Corp.
OVBC
Orrstown Financial ServicesORRF
Owens & Minor Inc.
OMI
PartnerRe Limited
PRE
People's United Financial PBCT
Plains All American PipelinePAA
LP
Polaris Industries
PII
Praxair Inc.
PX
Prosperity Bancshares
PRSP
Realty Income Corp.
O
RenaissanceRe Holdings RNR
Republic Bancorp KY
RBCAA
Roper Industries Inc.
ROP
Ross Stores Inc.
ROST
Royal Gold Inc.
RGLD
SCANA Corp.
SCG
SEI Investments Company SEIC
Shenandoah Telecommunications
SHEN
South Jersey Industries
SJI
Southern Company
SO
Southside Bancshares
SBSI
Span-America Medical Systems
SPAN
StanCorp Financial Group SFG
Stryker Corp.
SYK
Suburban Propane PartnersSPH
LP
Sunoco Logistics Partners LP
SXL
T. Rowe Price Group
TROW
Tanger Factory Outlet Centers
SKT
TC Pipelines LP
TCLP
Teche Holding Co.
TSH

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

52-week % from % from


High
Low
High
49.55
22.9
8.2
28.11
9.8
10.7
46.60
20.8
6.4
58.98
10.5
6.3
78.40
46.9
3.4
36.47
22.6
6.8
29.99
3.9
10.8
64.82
26.2
5.6
132.88
50.4
8.2
47.45
20.4
6.6
40.86
47.2
8.1
71.69
12.1
12.1
23.26
4.2
26.1
29.50
3.4
35.9
35.71
18.8
14.6
83.39
-0.4
19.9
14.49
4.2
12.5
65.96
7.6
5.7
123.00 128.8
3.6
111.74
22.6
7.2
46.87
46.9
11.4
36.35
3.5
10.7
73.93
26.1
5.9
25.77
7.7
29.7
88.76
43.3
8.0
83.11
55.6
8.8
67.29
47.4
4.7
42.83
3.5
8.5
24.88
14.0
20.5
19.96
2.3
20.5
58.03
13.4
13.0
40.87
12.6
3.3
23.00
11.5
13.8
17.25
14.8
11.4
48.87
0.5
31.9
65.21
27.1
16.7
58.99
-3.8
24.6
91.03
18.7
5.8
71.29
31.2
20.3
28.99
28.5
5.3
54.95
11.5
19.1
37.32
21.0
12.0

5/10
A/D*
4.038
1.560
1.424
1.116
4.148
0.883
1.031
2.883
1.309
1.380
n/a
n/a
1.002
0.359
0.978
0.878
0.939
1.047
0.537
1.046
0.927
0.966
0.636
0.793
1.199
1.051
0.572
0.828
0.704
1.427
1.532
1.360
0.749
1.406
0.324
1.363
1.339
n/a
1.216
1.574
1.030
0.700

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
4.8
0.7
9.7
5.8
2.9
7.9
3.7
15.5
36.1
6.7
8.7
0.7
5.0
1.1
15.2
9.0
1.6
3.6
2.6
12.5
12.7
0.7
4.2
8.5
15.2
45.5
12.5
1.6
18.8
3.1
13.9
4.0
29.8
8.1
7.5
20.0
2.7
9.9
8.0
1.1
2.4
0.7

3-yr
5.2
2.6
10.3
6.8
13.4
9.8
6.8
22.5
32.2
7.2
6.0
4.3
5.3
2.8
16.0
6.0
6.0
4.6
5.6
14.5
11.3
1.7
4.4
9.8
13.5
28.7
11.5
3.0
13.5
6.9
11.4
4.2
18.7
7.7
6.1
39.7
5.7
10.7
16.7
2.9
4.7
3.1

5-yr
5.4
3.0
8.4
7.1
23.9
8.7
10.3
18.2
27.4
6.6
6.8
5.2
6.1
11.3
15.3
6.2
8.7
7.8
7.4
20.1
13.4
4.4
4.6
12.9
12.6
25.0
12.5
4.4
12.6
16.6
9.8
4.1
14.3
18.7
6.6
46.1
6.6
11.9
18.6
3.8
5.0
7.7

Amounts in Red indicate no increase during year

10-yr #
1.3
1.9
5.9
6.4
5.8
9.9
10.0
6.3
20.9
4.8
n/a
n/a
6.1
31.5
15.7
7.0
9.3
7.5
13.8
19.2
14.5
4.5
7.2
16.3
10.5
23.7
21.8
5.3
17.9
11.6
6.4
3.0
19.0
13.3
20.3
33.9
4.9
n/a
15.3
2.4
4.9
11.0

2010
2.3050
1.5100
1.3600
2.0000
1.4000
1.0250
1.1200
1.9870
1.4070
1.6000
0.5000
4.2700
0.8400
0.8900
0.7067
2.0500
0.6175
3.7550
1.6000
1.8000
0.6200
1.7273
1.0000
0.5610
0.3800
0.6400
0.3600
1.9000
0.1900
0.3300
1.3550
1.8025
0.6399
0.4000
0.8600
0.6000
3.3700
4.5150
1.0800
0.7725
2.9400
1.4200

2009
2.2000
1.5000
1.2400
1.8900
1.3600
0.9500
1.0800
1.7200
1.0340
1.5000
0.4600
4.2390
0.8000
0.8800
0.6133
1.8800
0.6075
3.6230
1.5600
1.6000
0.5500
1.7160
0.9600
0.5170
0.3300
0.4400
0.3200
1.8700
0.1600
0.3200
1.1900
1.7325
0.4931
0.3700
0.8000
0.5000
3.2800
4.1100
1.0000
0.7638
2.8700
1.4100

2008
2.1500
1.4800
1.0933
1.7800
1.2200
0.8250
1.0000
1.4720
0.8840
1.4000
0.4400
4.0130
0.7600
0.8700
0.5333
1.8400
0.5833
3.4960
1.5200
1.5000
0.5000
1.7010
0.9200
0.4730
0.2900
0.3800
0.2800
1.8200
0.1500
0.3000
1.0800
1.6625
0.4356
0.3500
0.7500
0.3300
3.1430
3.6650
0.9600
0.7500
2.7750
1.3850

2007
1.9800
1.4000
1.0133
1.6400
0.9600
0.7750
0.9200
1.0810
0.6090
1.3000
0.4200
3.7650
0.7200
0.8200
0.4533
1.7200
0.5189
3.2830
1.3600
1.2000
0.4500
1.6410
0.8800
0.4243
0.2600
0.3000
0.2600
1.7400
0.1300
0.2700
0.9800
1.5950
0.3825
0.3200
0.7200
0.2200
2.8510
3.3250
0.6800
0.7100
2.5650
1.2950

2006
1.8900
1.3200
0.9600
1.5000
0.6800
0.7250
0.8200
0.8940
0.4830
1.2100
0.4000
3.5400
0.6800
0.7429
0.4000
1.6000
0.4618
2.8710
1.2400
1.0000
0.4000
1.5180
0.8400
0.3627
0.2350
0.2400
0.2200
1.6500
0.1150
0.2500
0.9000
1.5350
0.3407
0.2100
0.6500
0.1100
2.5020
3.0250
0.5600
0.6713
2.3250
1.1400

2005
1.7750
1.3000
0.9067
1.4200
0.4800
0.6750
0.6857
0.8620
0.4200
1.1600
0.3600
3.3100
0.6240
0.5211
0.3467
1.5200
0.4063
2.5760
1.1200
0.7200
0.3300
1.3950
0.8000
0.3060
0.2100
0.2100
0.2000
1.5350
0.1050
0.1533
0.8500
1.4750
0.3284
0.1700
0.6250
0.0900
2.4520
2.5750
0.4600
0.6400
2.3000
0.9800

2004
1.6750
1.2900
0.8667
1.3000
0.3600
0.6250
0.6475
0.8060
0.3725
1.1100
0.3200
3.1500
0.5920
0.4354
0.2933
1.3600
0.3581
2.3040
0.9200
0.6000
0.2875
1.3200
0.7200
0.2539
0.1960
0.1720
0.1500
1.4400
0.0950
0.1433
0.8100
1.4150
0.2775
0.1500
0.5000
0.0700
2.4140
2.3200
0.3800
0.6225
2.2500
0.8200

2003
1.5500
1.2800
0.8267
1.2000
0.3000
0.5750
0.6095
0.7000
0.2615
1.0800
0.2800
2.9000
0.5680
0.3632
0.2333
1.2000
0.3234
2.1880
0.6200
0.4575
0.2425
1.2000
0.6000
0.2082
0.1760
0.1160
0.1000
1.3600
0.0650
0.1300
0.7700
1.3850
0.2352
0.1400
0.3500
0.0600
2.3260
1.9875
0.3400
0.6145
2.1500
0.6350

Contenders

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

10-24 Straight Years Higher Dividends

Company
Symbol
Teva Pharmaceutical Industries
TEVA
Thomson Reuters Corp. TRI
TJX Companies Inc.
TJX
Transatlantic Holdings
TRH
UGI Corp.
UGI
UMB Financial Corp.
UMBF
Unilever NV
UN
Unilever plc
UL
UniSource Energy Corp. UNS
United Technologies
UTX
Universal Forest Products UFPI
Universal Health Realty Trust
UHT
Urstadt Biddle Properties UBA
Valmont Industries
VMI
Vector Group Ltd.
VGR
W.P. Carey & Co. LLC
WPC
W.R. Berkley Corp.
WRB
Watsco Inc.
WSO
West Pharmaceutical Services
WST
Westamerica Bancorp
WABC
York Water Company
YORW
Averages for
147
Averages for

247

**DGR=Dividend Growth Rate

52-week % from % from


High
Low
High
57.08
4.0
18.3
42.15
2.3
18.3
56.78
39.8
2.6
54.08
16.8
5.3
33.53
15.1
9.6
45.81
30.6
9.4
33.76
23.9
3.8
33.40
23.8
4.0
38.71
16.7
4.9
91.83
28.3
9.8
39.84
27.4
26.0
43.99
31.9
6.3
20.50
6.2
13.5
116.02
47.6
16.1
20.80
13.9
15.8
42.72
37.6
10.3
33.26
18.2
7.4
73.38
16.5
19.4
47.96
34.0
8.5
56.96
2.9
17.6
18.00
26.2
5.3
52.68
24.8
12.7
53.70

24.2

12.3

5/10

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**

A/D*
0.675
1.476
0.925
1.250
1.144
1.542
0.652
0.740
0.901
0.925
1.756
0.767
0.892
1.492
0.697
1.400
1.494
0.764
1.167
0.490
0.881
0.913

1-yr
23.6
3.6
21.3
5.1
14.6
5.7
2.6
11.0
34.5
10.4
53.8
1.5
1.0
12.5
5.0
1.6
12.5
7.9
6.6
2.1
1.6
6.8

3-yr
24.8
5.8
18.8
11.6
7.6
10.4
3.8
4.2
20.1
13.9
51.5
1.6
1.8
16.3
5.0
2.8
10.5
15.9
7.0
1.9
2.7
8.1

5-yr
22.7
8.0
20.4
14.3
6.7
11.0
6.8
6.8
15.5
14.1
30.7
2.1
2.0
13.8
5.0
2.6
15.2
26.9
7.6
3.4
4.2
9.3

0.992

6.2

8.0

9.0

Amounts in Red indicate no increase during year

10-yr #
33.6
5.4
22.1
11.5
5.9
7.1
10.4
9.2
17.2
15.2
17.5
2.8
2.2
9.3
7.2
1.8
10.1
35.2
6.5
6.9
4.8
10.2
9.1

2010
0.7480
1.1600
0.5700
0.8200
0.9000
0.7400
1.1148
1.1148
1.5600
1.7000
0.4000
2.4150
0.9700
0.6300
1.5429
2.0200
0.2700
2.0400
0.6500
1.4400
0.5120
1.1812

2009
0.6050
1.1200
0.4700
0.7800
0.7850
0.7000
1.0867
1.0047
1.1600
1.5400
0.2600
2.3800
0.9600
0.5600
1.4694
1.9880
0.2400
1.8900
0.6100
1.4100
0.5040
1.1057

2008
0.5030
1.0800
0.4200
0.7000
0.7550
0.6300
1.0631
0.9985
0.9600
1.3450
0.1200
2.3400
0.9500
0.4700
1.3994
1.9380
0.2300
1.7500
0.5700
1.3900
0.4840
1.0368

2007
0.3850
0.9800
0.3400
0.5900
0.7225
0.5500
0.9975
0.9842
0.9000
1.1500
0.1150
2.3000
0.9200
0.4000
1.3328
1.8590
0.2000
1.3100
0.5300
1.3600
0.4720
0.9351

2006
0.3060
0.8800
0.2700
0.5100
0.6900
0.5100
0.8191
0.8567
0.8400
1.0250
0.1100
2.2600
0.9000
0.3600
1.2693
1.8120
0.1600
0.9500
0.4900
1.3000
0.4480
0.8396

2005
0.2690
0.7900
0.2250
0.4200
0.6500
0.4400
0.8037
0.8021
0.7600
0.8800
0.1050
2.1750
0.8800
0.3300
1.2089
1.7800
0.1333
0.6200
0.4500
1.2200
0.4160
0.7565

2004
0.2005
0.7550
0.1700
0.3760
0.5975
0.4200
0.7226
0.7279
0.6400
0.7000
0.1000
2.0000
0.8600
0.3200
1.1513
1.7490
0.1244
0.3800
0.4250
1.1000
0.3867
0.6805

2003
0.1625
0.7250
0.1350
0.3360
0.5650
0.4000
0.6676
0.6181
0.6000
0.5675
0.0950
1.9600
0.8400
0.3100
1.0965
1.7300
0.1215
0.2000
0.4050
1.0000
0.3600
0.6182

1.1878

1.1189

1.0502

0.9438

0.8523

0.7726

0.7014

0.6403

Contenders

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.10-24
2011 Straight
but accelerated
Years Higher
into Dec.
Dividends
2010; to be included In 2011

Company
Symbol
1st Source Corp.
SRCE
A.O. Smith Corp.
AOS
ACE Limited
ACE
Albemarle Corp.
ALB
Alterra Capital Holdings Ltd.ALTE
AptarGroup Inc.
ATR
Aqua America Inc.
WTR
Arrow Financial Corp.
AROW
Artesian Resources
ARTNA
Atlantic Tele Network Inc. ATNI
Atmos Energy
ATO
Auburn National Bancorp AUBN
Avon Products Inc.
AVP
Badger Meter Inc.
BMI
BancFirst Corp. OK
BANF
Bank of the Ozarks Inc.
OZRK
Brown & Brown Inc.
BRO
Buckeye Partners LP
BPL
Bunge Limited
BG
C.H. Robinson Worldwide CHRW
Canadian National RailwayCNI
Canadian Natural Resources
CNQ
Ltd.
CARBO Ceramics
CRR
Cardinal Health Inc.
CAH
Casey's General Stores Inc.CASY
Caterpillar Inc.
CAT
Chesapeake Financial Shares
CPKF
Chevron Corp.
CVX
Church & Dwight
CHD
Citizens Financial ServicesCZFS
Citizens Holding Company CIZN
Community Bank System CBU
Computer Services Inc.
CSVI
ConocoPhillips
COP
Consolidated Water Co. CWCO
Corporate Office PropertiesOFC
Trust
Cullen/Frost Bankers
CFR
Delphi Financial Group
DFG
Ecolab Inc.
ECL
Enbridge Inc.
ENB
Enterprise Products Partners
EPD
LP
EOG Resources Inc.
EOG

2002
0.3273
0.3600
0.6800
0.2700
0.0800
0.1200
0.3225
0.6333
0.5156
0.3300
1.1850
0.4400
0.4000
0.2550
0.3800
0.1550
0.0900
2.5000
0.3850
0.1200
0.2867
0.0625
0.2400
0.1000
0.1000
0.7000
0.2040
1.4000
0.1000
0.6265
0.5200
0.5500
0.1100
0.7400
0.2075
0.8500
0.8750
0.1289
0.2700
0.3800
1.3275
0.0800

2001
0.3234
0.3467
0.5600
0.2600
0.0200
0.1100
0.3027
0.5539
0.4933
0.3100
1.1650
0.4000
0.3800
0.2500
0.3600
0.1150
0.0800
2.4500
0.0000
0.1000
0.2600
0.0375
0.2300
0.0900
0.0800
0.6900
0.1880
1.3250
0.0950
0.5808
0.3833
0.5400
0.1000
0.7000
0.2000
0.8100
0.8400
0.1244
0.2600
0.3500
1.1563
0.0775

2000
0.3043
0.3333
0.4800
0.2300
0.0000
0.1000
0.2818
0.4862
0.4867
0.2700
1.1450
0.4000
0.3700
0.2150
0.3200
0.1050
0.0675
2.4000
0.0000
0.0800
0.2333
0.0000
0.2000
0.0733
0.0700
0.6650
0.1670
1.3000
0.0933
0.5405
0.3000
0.5100
0.0950
0.6800
0.0800
0.7700
0.7600
0.0000
0.2400
0.3230
1.0250
0.0650

1999
0.2638
0.3200
0.4000
0.2000
0.0000
0.0900
0.2554
0.4295
0.4711
0.2400
1.1100
0.3200
0.3600
0.1800
0.2500
0.1000
0.0575
2.1750
0.0000
0.0700
0.2000
0.0000
0.2000
0.0667
0.0600
0.6250
0.1380
1.2400
0.0833
0.4995
0.0000
0.4700
0.0750
0.6800
0.0400
0.7300
0.6750
0.0000
0.2100
0.2989
0.9250
0.0600

2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 Mean
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
(simple Standard
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 average) Deviation
3.4
1.7
3.6
4.8
20.0
16.7
13.5
2.8
1.2
6.3
15.3
8.1
6.5
5.2
4.1
5.7
6.1
3.1
3.2
6.9
7.4
3.8
4.0
4.2
4.9
1.4
11.3
5.5
4.8
8.3
9.1
10.0
8.1
8.8
21.4
16.7
20.0
11.3
5.3
12.0
4.2
14.3
21.7
11.3
6.0
3.5
4.6
3.8
13.0
15.0
10.0
5.7
10.5
5.6
12.5
33.3
33.3
50.0
33.3
12.5 300.0
0.0
0.0
44.6
82.2
10.0
7.1
12.0
19.0
20.0
59.1
76.0
4.2
9.1
10.0
11.1
21.6
22.4
7.3
7.8
6.3
8.2
11.1
8.7
7.5
6.0
6.5
7.4
10.3
7.9
1.5
3.0
1.8
5.4
3.0
5.2
6.4
9.7
10.6
14.3
13.9
13.2
7.9
4.4
4.2
2.2
6.5
8.2
5.7
4.9
3.9
3.3
4.5
1.4
3.3
4.4
1.9
10.8
12.1
13.8
16.0
11.1
9.8
10.8
12.1
6.5
14.8
12.5
11.8
2.5
1.5
1.5
1.6
1.6
1.6
1.6
1.7
1.7
1.7
1.7
3.2
1.8
0.4
2.6
2.7
5.7
9.4
10.3
16.0
4.2
9.1
10.0
0.0
25.0
8.6
6.8
4.8
5.0
8.1
5.7
6.1
17.9
33.3
5.0
5.3
2.7
2.8
8.8
8.7
13.0
15.0
17.6
9.7
6.9
5.5
3.8
3.9
2.0
16.3
19.4
10.3
6.0
5.6
8.5
10.8
12.1
13.8
12.6
13.2
19.7
5.6
12.5
28.0
13.0
6.1
15.4
4.0
16.3
7.5
8.1
23.3
30.4
48.4
34.8
9.5
5.0
18.4
13.6
3.3
6.1
14.0
19.0
23.5
17.2
26.1
27.8
12.5
18.5
17.4
16.9
7.3
5.5
5.8
6.2
6.6
7.1
7.1
3.9
1.5
2.0
2.1
10.3
5.3
2.6
10.0
11.1
9.1
6.5
10.7
16.7
14.3
9.1
0.0
0.0
0.0
7.9
5.5
8.3
9.1
22.2
38.5
73.3
25.0
50.0
33.3
20.0
25.0
14.3
29.0
18.4
17.5
2.8
10.4
36.5
19.5
32.7
8.7
16.3
10.3
11.4
16.7
16.6
9.6
55.9
0.3
16.9
20.8
27.2
16.9
18.3
20.0
66.6
0.0
0.0
22.1
20.6
8.6
12.9
19.2
18.2
22.2
22.7
15.8
5.6
4.3
15.0
0.0
13.1
7.2
14.3
21.2
23.8
40.0
66.7
50.0
9.1
10.0
11.1
22.7
10.0
25.3
18.1
26.6
14.3
21.7
21.1
11.8
13.3
25.0
20.0
25.0
14.3
16.7
19.1
5.0
2.4
7.7
18.2
20.0
20.9
16.7
9.9
1.4
1.4
3.8
6.4
9.9
7.3
2.4
3.7
15.7
9.0
5.6
7.4
18.9
16.7
8.5
12.6
21.0
11.0
6.0
6.8
5.1
11.9
12.4
14.9
14.4
7.0
2.1
5.7
1.9
4.8
7.9
4.5
34.8
35.3
13.3
15.4
8.3
5.9
9.7
3.3
5.3
1.8
12.0
13.2
11.0
5.1
5.3
5.5
5.4
6.2
6.2
6.5
9.6
7.9
7.5
8.2
6.7
1.4
4.9
5.2
5.5
5.8
6.2
8.3
5.3
9.6
35.7
27.8
0.0
10.4
10.4
4.5
3.5
4.9
5.2
5.5
10.6
10.9
8.2
1.9
5.9
8.5
6.3
2.7
13.9
9.1
13.8
16.0
19.0
31.3
28.0
13.6
10.0
5.3
26.7
17.0
8.0
12.6
1.6
14.6
13.9
22.0
31.8
9.8
10.1
5.7
2.9
0.0
11.4
9.0
11.1
3.8
2.0
6.3
2.1
4.4
7.1
1.2
3.7 150.0 100.0
26.5
47.7
5.3
8.2
9.8
10.4
11.1
7.8
7.3
5.3
4.9
5.2
5.5
7.4
2.2
4.1
3.0
7.8
16.7
13.3
12.6
10.1
7.4
4.2
10.5
12.6
9.3
4.2
5.0
2.6
11.4
14.1
27.8
12.5
33.3
24.1
3.6
0.0
0.0
12.2
11.1
10.7
7.7
13.0
15.0
14.3
9.4
10.3
7.4
3.8
8.3
14.3
10.4
3.3
26.6
4.2
7.9
13.3
8.4
2.9
10.4
9.2
8.6
8.4
8.1
9.8
5.9
5.5
5.9
6.8
6.7
8.1
9.8
4.9
8.7
14.8
12.8
10.8
8.6
3.0
7.0
22.6
40.9
50.0
46.7
30.4
27.8
12.5
3.2
19.2
8.3
24.4
15.5

Contenders

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.10-24
2011 Straight
but accelerated
Years Higher
into Dec.
Dividends
2010; to be included In 2011

Company
Symbol
Erie Indemnity Company ERIE
Essex Property Trust
ESS
Expeditors International
EXPD
Factset Research System Inc.
FDS
Fastenal Company
FAST
FedEx Corp.
FDX
First Capital Inc.
FCAP
First Financial Corp.
THFF
Flowers Foods
FLO
Franklin Electric Co.
FELE
General Dynamics
GD
Getty Realty Corp.
GTY
Graco Inc.
GGG
Harleysville Group
HGIC
Harleysville Savings
HARL
Harsco Corp.
HSC
HCC Insurance Holdings HCC
Hingham Institution for Savings
HIFS
Imperial Oil Ltd.
IMO
Inergy LP
NRGY
Infosys Technologies Ltd INFY
International Business Machines
IBM
J.M. Smucker Co.
SJM
Jack Henry & Associates JKHY
John Wiley & Sons Inc.
JW-A
Kinder Morgan Energy Partners
KMP
Landmark Bancorp Inc.
LARK
Lincoln Electric Holdings LECO
Linear Technology Corp. LLTC
Magellan Midstream Partners
MMP
LP
Matthews International
MATW
Maxim Integrated Products MXIM
McGrath Rentcorp
MGRC
MDU Resources
MDU
Mercury General Corp.
MCY
Meredith Corp.
MDP
Meridian Bioscience Inc. VIVO
Met-Pro Corp.
MPR
Microchip Technology Inc. MCHP
Monsanto Company
MON
Murphy Oil Corp.
MUR
National Bankshares
NKSH

2002
0.6800
3.0100
0.0600
0.1267
0.0125
0.1500
0.4727
0.6200
0.0099
0.2550
0.5900
1.6500
0.1933
0.6300
0.3420
0.5000
0.1693
0.8000
0.2800
1.3300
0.0643
0.5900
0.7200
0.1400
0.1900
2.3600
0.3932
0.3000
0.1900
1.2890
0.1060
0.0200
0.3400
0.4133
1.2000
0.3600
0.1244
0.1456
0.0200
0.2400
0.3875
0.4850

2001
0.6100
2.7900
0.0500
0.1000
0.0113
0.0000
0.4364
0.5700
0.0000
0.2350
0.5500
0.8625
0.1778
0.5800
0.2940
0.4800
0.1620
0.7300
0.2750
0.2000
0.0395
0.5500
0.6400
0.1200
0.1700
2.0750
0.3683
0.2950
0.1500
0.7165
0.1010
0.0000
0.3100
0.3956
1.0600
0.3400
0.1156
0.1434
0.0000
0.2250
0.3750
0.4300

2000
0.5400
2.3200
0.0350
0.0700
0.0100
0.0000
0.3727
0.5400
0.0701
0.2150
0.5100
0.5500
0.1659
0.5500
0.2700
0.4700
0.1400
0.6400
0.2600
0.0000
0.0238
0.5100
0.1600
0.1000
0.1520
1.5375
0.3683
0.2800
0.1100
0.0000
0.0970
0.0000
0.2700
0.3778
0.9600
0.3200
0.1067
0.1350
0.0000
0.0000
0.3625
0.4250

1999
0.4800
2.1000
0.0125
0.0667
0.0013
0.0000
0.5009
0.3475
0.0680
0.1925
0.4700
0.2400
0.1304
0.5200
0.2280
0.4425
0.1267
0.5400
0.2500
0.0000
0.0045
0.4700
0.0000
0.0800
0.1370
1.3875
0.3683
0.2400
0.0775
0.0000
0.0915
0.0000
0.2300
0.3600
0.8400
0.3000
0.0889
0.2025
0.0000
0.0000
0.3500
0.0000

2010 2009 2008 2007 2006 2005 2004


vs.
vs.
vs.
vs.
vs.
vs.
vs.
2009 2008 2007 2006 2005 2004 2003
6.7
2.3
10.0
11.1
10.8
51.2
13.2
0.4
3.0
9.9
9.0
3.4
2.2
1.3
5.3
18.8
14.3
27.3
46.7
36.4
37.5
14.1
18.2
57.1
82.6
15.0
11.1
17.4
16.7
38.5
18.2
10.0
29.0
55.0
90.5
6.8
2.3
10.3
11.4
12.9
14.8
28.6
2.8
1.4
4.4
4.8
15.2
3.3
7.1
2.2
1.1
2.3
2.4
3.7
3.8
12.9
14.8
17.4
38.0
31.6
23.9
21.1
58.3
3.0
1.0
5.3
9.3
13.2
22.6
12.7
10.1
11.2
21.8
23.6
14.1
11.4
11.1
1.1
1.1
1.4
1.7
4.0
2.4
2.3
5.3
2.7
12.1
13.8
11.5
39.3
69.2
9.6
13.6
25.0
20.5
5.8
1.5
1.5
2.7
5.7
2.9
4.6
6.6
19.6
21.4
3.1
1.9
9.9
9.2
8.3
9.1
4.6
7.8
12.1
11.0
17.1
32.9
27.4
8.8
7.5
4.9
2.0
1.0
1.0
6.5
4.5
11.8
3.3
3.4
9.4
2.1
6.8
1.1
5.7
6.5
6.9
6.9
8.2
22.3
10.6
16.6
25.9
24.7
50.9
38.8
51.5
24.8
16.3
13.2
26.7
36.4
41.0
11.4
11.1
13.1
8.7
6.8
6.3
4.7
8.2
10.1
11.8
13.3
15.4
18.2
22.2
12.5
14.3
11.1
12.5
14.3
10.5
15.2
17.9
21.7
2.9
8.0
14.7
5.0
5.2
9.3
9.1
5.0
5.0
5.0
14.0
8.1
5.0
8.2
3.7
8.0
13.6
15.8
5.6
7.5
4.7
4.5
4.8
16.7
20.0
50.0
25.0
39.1
2.4
4.3
9.2
9.1
16.3
14.3
12.2
9.4
8.2
8.9
9.8
10.8
12.1
33.1
2.5
3.2
12.7
22.2
32.4
25.0
54.5
4.1
10.3
11.4
12.9
17.0
23.3
10.3
1.6
5.1
7.3
6.8
5.8
5.8
6.2
1.7
0.4
11.5
8.3
11.6
16.2
12.1
2.2
4.7
16.2
15.6
14.3
16.7
26.3
11.8
21.4
29.2
41.3
43.8
20.0
11.1
2.5
6.7
8.2
7.9
7.7
7.1
7.8
1.0
2.3
15.4
29.2
97.8 160.1
76.5
3.9
24.7
50.9
37.5
17.6
23.6
10.0
5.0
14.3
29.6
28.6
16.7
5.9
6.3
8.3
5.0
5.3
4.1
2.8
10.9
13.3

2003 2002 2001


vs.
vs.
vs.
2002 2001 2000
11.8
11.5
13.0
3.3
7.9
20.3
33.3
20.0
42.9
21.0
26.7
42.9
320.0
11.1
12.5
40.0
0.0
0.0
7.7
8.3
17.1
12.9
8.8
5.6
800.3
0.0
0.0
7.8
8.5
9.3
6.8
7.3
7.8
0.8
91.3
56.8
14.1
8.7
7.2
6.3
8.6
5.5
22.8
16.3
8.9
5.2
4.2
2.1
12.2
4.5
15.7
10.0
9.6
14.1
3.6
1.8
5.8
11.5 565.0
0.0
21.4
62.7
66.3
6.8
7.3
7.8
23.6
12.5 300.0
0.0
16.7
20.0
21.1
11.8
11.8
9.1
13.7
35.0
13.6
6.7
0.0
6.7
1.7
5.4
21.1
26.7
36.4
18.9
79.9
0.0
17.0
5.0
4.1
1000.0
0.0
0.0
14.7
9.7
14.8
4.8
4.5
4.7
10.0
13.2
10.4
5.6
5.9
6.3
28.6
7.7
8.3
6.5
1.5
6.3
390.0
0.0
0.0
4.2
6.7
0.0
3.2
3.3
3.4
16.5
12.8
1.2

2000 Mean
vs.
(simple Standard
1999 average) Deviation
12.5
14.0
12.1
10.5
6.5
5.6
180.0
42.0
45.3
5.0
28.3
22.3
700.0
118.3
202.9
0.0
11.6
12.1
0.0
6.6
5.1
55.4
10.1
14.9
3.1
91.7
224.7
11.7
9.5
5.5
8.5
12.2
5.4
129.2
26.5
43.2
27.3
19.2
18.7
5.8
9.4
7.2
18.4
11.8
7.5
6.2
5.8
2.8
10.5
14.6
8.1
18.5
7.2
5.3
4.0
4.8
3.2
0.0
58.5
160.3
427.8
73.8
113.2
8.5
16.9
11.6
0.0
35.8
83.7
25.0
15.4
6.3
10.9
14.4
3.9
10.8
11.2
8.3
0.0
6.4
4.3
16.7
8.1
4.8
41.9
26.0
14.0
0.0
15.1
21.4
6.0
11.3
7.7
0.0
104.8
283.6
17.4
13.2
4.8
4.9
5.2
1.4
14.3
10.0
4.7
6.7
10.9
7.0
20.0
22.1
11.9
0.0
5.6
2.8
0.0
70.2
112.8
0.0
16.3
15.8
3.6
10.9
9.6
0.0
7.3
5.2

Contenders

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.10-24
2011 Straight
but accelerated
Years Higher
into Dec.
Dividends
2010; to be included In 2011

Company
Symbol
National Health Investors NHI
National Retail Properties NNN
New Jersey Resources
NJR
NextEra Energy
NEE
Norfolk Southern
NSC
Northeast Utilities
NU
Norwood Financial
NWFL
Novartis AG
NVS
Novo Nordisk A/S
NVO
NSTAR
NST
Nu Skin Enterprises Inc. NUS
NuStar Energy LP
NS
Ohio Valley Banc Corp.
OVBC
Orrstown Financial ServicesORRF
Owens & Minor Inc.
OMI
PartnerRe Limited
PRE
People's United Financial PBCT
Plains All American PipelinePAA
LP
Polaris Industries
PII
Praxair Inc.
PX
Prosperity Bancshares
PRSP
Realty Income Corp.
O
RenaissanceRe Holdings RNR
Republic Bancorp KY
RBCAA
Roper Industries Inc.
ROP
Ross Stores Inc.
ROST
Royal Gold Inc.
RGLD
SCANA Corp.
SCG
SEI Investments Company SEIC
Shenandoah Telecommunications
SHEN
South Jersey Industries
SJI
Southern Company
SO
Southside Bancshares
SBSI
Span-America Medical Systems
SPAN
StanCorp Financial Group SFG
Stryker Corp.
SYK
Suburban Propane PartnersSPH
LP
Sunoco Logistics Partners LP
SXL
T. Rowe Price Group
TROW
Tanger Factory Outlet Centers
SKT
TC Pipelines LP
TCLP
Teche Holding Co.
TSH

2002
1.5000
1.2700
0.8000
1.1600
0.2600
0.5250
0.5588
0.5220
0.1845
1.0600
0.2400
2.6500
0.5360
0.2937
0.2067
1.1500
0.3005
2.1140
0.5600
0.3800
0.2350
1.1700
0.5683
0.1719
0.1660
0.0960
0.0750
1.2750
0.0550
0.1233
0.7500
1.3550
0.1743
0.1250
0.2000
0.0500
2.2760
1.1600
0.3200
0.6123
2.0500
0.5000

2001
0.0000
1.2600
0.7822
1.1200
0.2400
0.4500
0.5079
0.5020
0.1590
1.0300
0.2000
1.1010
0.5040
0.1882
0.1817
1.1000
0.2833
1.9510
0.5000
0.3400
0.1900
1.1400
0.5333
0.1448
0.1500
0.0860
0.0500
1.1875
0.0450
0.1167
0.7400
1.3400
0.1485
0.1200
0.1500
0.0400
2.2010
0.0000
0.3000
0.6095
1.9500
0.5000

2000
2.0200
1.2450
0.7644
1.0800
0.8000
0.4000
0.4317
1.0780
0.2110
1.0000
0.0000
0.0000
0.4640
0.0576
0.1650
1.0400
0.2537
1.8260
0.4400
0.3100
0.1600
1.1100
0.5000
0.1244
0.1400
0.0760
0.0500
1.1375
0.0367
0.1100
0.7300
1.3400
0.1119
0.1150
0.1350
0.0325
2.0880
0.0000
0.2600
0.6073
1.8250
0.5000

1999
2.9600
1.2400
0.7467
1.0400
0.8000
0.1000
0.3556
0.0000
0.0820
0.9700
0.0000
0.0000
0.4032
0.0000
0.1533
1.0000
0.2177
1.8440
0.4000
0.2800
0.0250
1.0800
0.4667
0.0973
0.1300
0.0660
0.0000
1.3200
0.0150
0.0933
0.7200
1.3400
0.1065
0.1000
0.0600
0.0300
2.0160
0.0000
0.2000
0.6038
0.0000
0.5000

2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
4.8
2.3
8.6
4.8
6.5
6.0
8.1
3.3
0.0
0.0
0.7
1.4
5.7
6.1
1.5
0.8
0.8
0.8
0.8
1.2
9.7
13.4
7.9
5.6
5.9
4.6
4.8
3.3
2.3
2.3
5.8
6.2
8.5
9.3
5.6
9.2
8.3
3.4
3.6
3.7
2.9
11.5
27.1
41.2
41.7
33.3
20.0
15.4
8.3
0.0
7.9
15.2
6.5
6.9
7.4
8.0
8.7
9.5
16.7
12.5
3.7
8.0
8.7
12.2
19.6
5.9
6.2
9.1
10.0
17.7
15.5
16.8
36.2
20.9
3.7
6.9
15.1
34.1
4.0
0.0
36.1
17.0
45.2
26.1
15.0
12.8
42.4
41.7
16.0
0.0
6.7
7.1
7.7
7.4
4.3
4.5
2.8
1.9
2.9
3.0
8.7
4.5
4.8
5.0
11.1
12.5
14.3
16.7
20.0
0.0
0.7
5.6
6.6
6.4
6.9
5.1
8.6
9.4 140.7
0.0
5.0
5.3
5.6
5.9
9.0
5.4
4.2
6.0
6.3
8.6
1.1
1.1
6.1
10.4
42.6
19.7
19.9
23.7
56.1 226.8
15.2
15.0
17.6
13.3
15.4
18.2
25.7
12.9
13.8
10.1
9.0
2.2
7.0
7.5
5.3
11.8
13.3
4.3
4.5
5.8
1.6
4.1
12.4
12.4
13.7
13.5
10.7
7.6
6.1
11.7
3.6
3.6
6.5
14.4
11.5
11.8
5.3
3.5
8.4
6.8
2.6
2.6
11.8
9.7
10.7
21.7
48.4
10.7
12.0
13.6
12.5
6.7
25.0
20.0
38.9
20.0
31.1
20.4
11.8
9.7
12.7
10.0
11.1
12.5
21.2
14.8
18.6
3.2
23.7
18.8
0.7
0.9
3.7
8.1
8.8
5.7
10.0
2.6
2.6
2.7
4.2
4.3
4.5
4.8
5.0
11.1
20.0
5.6
6.6
6.7
8.5
9.3
11.5
17.0
18.5
20.5
22.0
21.1
18.8
16.3
15.2
13.8
11.5
10.6
11.9
7.1
11.4
6.0
10.7
7.1
45.5
15.8
26.7
25.0
14.3
22.1
48.3
20.8
11.6
13.2
12.5
14.3
7.7
18.2
10.0
33.3
50.0
33.3
50.0
0.0
1.6
2.7
4.6
5.5
7.5
6.6
5.9
6.7
7.4
4.4
18.8
6.7
15.4
13.0
9.5
10.5
46.2
18.2
22.2
22.7
3.1
6.7
11.1
8.0
63.0
7.0
10.3
5.4
5.7
6.1
13.9
10.2
10.2
8.9
5.9
4.9
5.2
2.7
1.4
1.4
4.0
4.2
4.2
3.9
4.1
4.2
2.2
2.2
1.1
0.0
29.8
13.2
13.9
12.3
3.7
18.3
18.0
35.0
17.4
32.7
8.1
5.7
9.4
52.4
23.5
13.3
7.1
12.0
4.2
4.3
7.5
6.7
4.2
10.8
4.0
25.0
42.9
75.0
33.3
11.1
20.0
51.5
50.0 100.0
22.2
28.6
16.7
20.0
25.0
23.1
2.7
4.4
10.2
13.9
2.0
1.6
3.8
2.2
3.4
5.4
9.9
12.1
10.2
9.9
17.5
11.0
16.7
71.3
0.0
0.0
8.0
4.2
41.2
21.4
21.7
21.1
11.8
6.3
6.7
15.4
1.1
1.8
5.6
5.8
4.9
2.8
1.3
0.4
0.5
0.4
2.4
3.4
8.2
10.3
1.1
2.2
4.7
4.9
5.1
6.8
0.7
1.8
6.9
13.6
16.3
19.5
29.1
27.0
0.0
0.0

2000 Mean
vs.
(simple Standard
1999 average) Deviation
0.0
4.0
3.0
0.4
1.8
1.9
2.4
5.7
3.3
3.8
6.1
2.3
0.0
18.3
14.9
300.0
36.3
83.5
21.4
11.1
5.6
0.0
13.9
12.1
157.3
37.2
40.4
3.1
4.7
2.1
0.0
8.9
6.3
0.0
17.3
39.2
15.1
6.9
2.9
0.0
37.0
62.4
7.6
15.0
4.5
4.0
6.8
3.3
16.5
10.0
4.3
0.0
6.9
4.1
10.0
14.0
11.9
10.7
18.8
9.5
540.0
62.4
151.1
2.8
4.4
3.1
7.1
7.3
4.4
27.9
17.4
5.5
7.7
10.3
2.8
15.2
23.5
12.0
0.0
20.8
17.3
0.0
4.8
2.3
144.5
29.8
37.6
17.9
13.1
16.2
1.4
6.0
4.1
0.0
2.7
1.6
5.1
18.1
9.9
15.0
14.1
13.2
125.0
31.4
36.1
8.3
33.2
24.6
3.6
4.8
3.7
0.0
14.4
19.0
30.0
17.1
10.9
0.6
2.3
2.1
0.0
4.5
3.0
0.0
10.5
10.7

Contenders

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.10-24
2011 Straight
but accelerated
Years Higher
into Dec.
Dividends
2010; to be included In 2011

Company
Symbol
Teva Pharmaceutical Industries
TEVA
Thomson Reuters Corp. TRI
TJX Companies Inc.
TJX
Transatlantic Holdings
TRH
UGI Corp.
UGI
UMB Financial Corp.
UMBF
Unilever NV
UN
Unilever plc
UL
UniSource Energy Corp. UNS
United Technologies
UTX
Universal Forest Products UFPI
Universal Health Realty Trust
UHT
Urstadt Biddle Properties UBA
Valmont Industries
VMI
Vector Group Ltd.
VGR
W.P. Carey & Co. LLC
WPC
W.R. Berkley Corp.
WRB
Watsco Inc.
WSO
West Pharmaceutical Services
WST
Westamerica Bancorp
WABC
York Water Company
YORW
Averages for
147
Averages for

247

2002
0.0905
0.7050
0.1125
0.3136
0.5417
0.3953
0.5011
0.5567
0.5000
0.4900
0.0900
1.9200
0.8200
0.2800
1.0443
1.7140
0.1047
0.1150
0.3800
0.9000
0.3467
0.5651

2001
0.0648
0.7000
0.0875
0.2976
0.5250
0.3812
0.4311
0.4809
0.4000
0.4500
0.0850
1.8800
0.8000
0.2600
0.8104
1.6960
0.1027
0.1000
0.3650
0.8200
0.3333
0.4806

2000
0.0413
0.6850
0.0775
0.2773
0.5083
0.3725
0.4157
0.4622
0.3200
0.4125
0.0800
1.8400
0.7800
0.2600
0.7718
1.6850
0.1027
0.1000
0.3450
0.7400
0.3200
0.4467

1999
0.0276
0.6575
0.0675
0.2506
0.4900
0.3464
0.4210
0.4695
0.0000
0.3700
0.0380
1.8100
0.7600
0.2600
0.3800
1.6650
0.1027
0.1000
0.3250
0.6600
0.3067
0.3917

0.5922

0.5309

0.4991

0.4536

2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
vs.
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
23.6
20.3
30.6
25.8
13.8
34.2
23.4
79.6
39.8
57.0
3.6
3.7
10.2
11.4
11.4
4.6
4.1
2.8
0.7
2.2
21.3
11.9
23.5
25.9
20.0
32.4
25.9
20.0
28.6
12.9
5.1
11.4
18.6
15.7
21.4
11.7
11.9
7.1
5.4
7.3
14.6
4.0
4.5
4.7
6.2
8.8
5.8
4.3
3.2
3.3
5.7
11.1
14.5
7.8
15.9
4.8
5.0
1.2
3.7
2.3
2.6
2.2
6.6
21.8
1.9
11.2
8.2
33.2
16.2
3.7
11.0
0.6
1.5
14.9
6.8
10.2
17.8
11.0
15.8
4.1
34.5
20.8
6.7
7.1
10.5
18.8
6.7
20.0
25.0
25.0
10.4
14.5
17.0
12.2
16.5
25.7
23.3
15.8
8.9
9.1
53.8 116.7
4.3
4.5
4.8
5.0
5.3
5.6
5.9
6.3
1.5
1.7
1.7
1.8
3.9
8.7
2.0
2.1
2.1
2.2
1.0
1.1
3.3
2.2
2.3
2.3
2.4
2.4
2.5
2.6
12.5
19.1
17.5
11.1
9.1
3.1
3.2
10.7
7.7
0.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
28.9
5.0
1.6
2.6
4.2
2.6
1.8
1.8
1.1
0.9
1.1
0.7
12.5
4.3
15.0
25.0
20.0
7.1
2.4
16.0
1.9
0.0
7.9
8.0
33.6
37.9
53.2
63.2
90.0
73.9
15.0
0.0
6.6
7.0
7.5
8.2
8.9
5.9
4.9
6.6
4.1
5.8
2.1
1.4
2.2
4.6
6.6
10.9
10.0
11.1
9.8
10.8
1.6
4.1
2.5
5.4
7.7
7.6
7.4
3.8
4.0
4.2
6.8
6.6
10.9
11.4
11.0
11.2
10.1
9.4
17.6
7.6
6.2

6.5

11.3

10.7

10.3

10.1

9.5

8.1

11.6

6.4

2000 Mean
vs.
(simple Standard
1999 average) Deviation
49.3
36.1
18.4
4.2
5.4
3.6
14.8
21.6
6.2
10.6
11.5
5.1
3.7
5.7
3.2
7.5
7.2
4.6
0.0
9.8
9.8
0.0
8.5
6.0
0.0
15.9
10.0
11.5
15.0
5.3
110.5
29.3
42.1
1.7
2.7
2.0
2.6
2.2
0.6
0.0
8.6
6.2
103.1
16.1
28.3
1.2
1.8
1.0
0.0
9.5
8.3
0.0
34.8
30.1
6.2
6.5
1.3
12.1
7.4
3.9
4.3
4.8
1.9
14.0
10.6
3.0
10.0

9.2

1.9

Challengers

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

5-9 Straight Years Higher Dividends


No.

Company
Symbol
Industry
Aaron's Inc.
AAN
Retail-Rental
Accenture plc
ACN
Business Services
Acme United Corp.
ACU
Office Supplies
AGL Resources
AGL
Utility-Gas
Airgas Inc.
ARG
Chemical-Specialty
Alliance Financial Corp.
ALNC Banking
Alliance Holdings GP LP AHGP MLP-Coal
Alliance Resource PartnersARLP
LP
MLP-Coal
Alliant Energy Corp.
LNT
Utility-Electric/Gas
Allied World Assurance Co.AWH
Holdings
Insurance
Ltd.
Altera Corp.
ALTR Technology-Hardware
American Financial Group Inc.
AFG
Insurance
American Greetings
AM
Business Services
AmeriGas Partners LP
APU
MLP-Propane
Ameriprise Financial Inc. AMP
Financial Services
AmerisourceBergen Corp. ABC
Drugs
AmTrust Financial ServicesAFSI
Inc.
Financial Services
Analog Devices Inc.
ADI
Technology-Hardware
Andersons Inc. (The)
ANDE Agriculture
Arch Coal Inc.
ACI
Mining
Assurant Inc.
AIZ
Insurance
Astrazeneca plc
AZN
Drugs
Astro-Med Inc.
ALOT Technology-Hardware
Atrion Corp.
ATRI
Medical Instruments
Avista Corp.
AVA
Utility-Electric/Gas
Axis Capital Holdings Ltd. AXS
Insurance
Bank of Marin Bancorp
BMRC Banking
Bar Harbor Bankshares
BHB
Banking
Best Buy Corp.
BBY
Retail-Electronic
BHP Billiton Ltd.
BHP
Mining/Oil&Gas
BHP Billiton plc
BBL
Mining/Oil&Gas
Birner Dental Management BDMS
Svcs
Medical Supplies
Boardwalk Pipeline Partners
BWP
LP
MLP-Natural Gas
Bob Evans Farms
BOBE Restaurants
BOK Financial Corp.
BOKF Banking
Campbell Soup Co.
CPB
Food Processing
Cass Information Systems Inc.
CASS Business Services
CenterPoint Energy
CNP
Utility-Electric/Gas
Chesapeake Utilities
CPK
Utility-Gas
Cheviot Financial Corp.
CHEV Banking
China Mobile Limited
CHL
Telecommunications
CNOOC Ltd.
CEO
Oil&Gas

Yrs

6
5
7
9
9
5
6
9
8
5
5
5
8
7
7
7
5
9
9
8
8
8
7
8
9
9
6
8
9
8
8
8
6
5
7
7
9
6
8
8
5
6

DRIP Fees 7/29/11


Seq DR

SP

391
425
336
260
264
422
400
266
299
417
450
423
312
358
359
361
429
272
257
319
317
302
331
291
262
256
388
329
283
289
290
322
399
419
360
344
252
395
321
310
420
403

N
N
N
Y
Y
Y
Y
N
Y
Y
Y
Y
Y
N
Y
N
N
Y

N
N
N
Y
N
Y
Y
N
Y
Y
N
N
Y
N
Y
N
N
Y

Price Yield
25.21 0.21
59.14 1.39
10.10 2.38
40.80 4.41
68.70 1.69
32.21 3.73
50.02 4.44
76.81 4.63
39.41 4.31
54.45 1.47
40.88 0.78
33.98 1.91
22.17 2.71
42.72 6.93
54.10 1.70
38.31 1.20
23.22 1.38
34.40 2.91
41.11 1.07
25.60 1.72
35.62 2.02
48.51 5.26
7.90 3.54
199.10 0.84
25.21 4.36
31.87 2.89
38.51 1.66
28.39 3.87
27.60 2.32
91.55 1.90
75.15 2.32
20.90 4.21
28.46 7.34
34.54 2.32
54.46 2.02
33.05 3.51
37.54 1.70
19.58 4.03
38.61 3.57
8.24 5.83
49.83 3.71
222.31 2.66

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.0120 0.0130
8.33 11/29/10 12/1/10
1/4/11
0.3750 0.4125 10.00 10/13/10 10/15/10 11/14/10
0.0500 0.0600 20.00 9/29/10
10/1/10 10/21/10
0.4400 0.4500
2.27 2/16/11
2/18/11
3/1/11
0.2500 0.2900 16.00 3/11/11
3/15/11
3/31/11
0.2800 0.3000
7.14 9/15/10
9/17/10
10/1/10
0.5275 0.5550
5.21 5/11/11
5/13/11
5/20/11
0.8600 0.8900
3.49 5/4/11
5/6/11
5/13/11
0.3950 0.4250
7.59 1/27/11
1/31/11
2/15/11
0.1800 0.2000 11.11 11/20/09 11/24/09 12/10/09
0.0600 0.0800 33.33 8/8/11
8/10/11
9/1/11
0.1375 0.1625 18.18 10/13/10 10/15/10 10/25/10
0.1400 0.1500
7.14 4/7/11
4/11/11
4/21/11
0.7050 0.7400
4.96 5/6/11
5/10/11
5/18/11
0.1800 0.2300 27.78 5/4/11
5/6/11
5/20/11
0.1000 0.1150 15.00 5/20/11
5/24/11
6/6/11
0.0700 0.0800 14.29 12/30/10 1/3/11
1/18/11
0.2200 0.2500 13.64 5/25/11
5/27/11
6/15/11
0.0900 0.1100 22.22 12/30/10 1/3/11
1/24/11
0.1000 0.1100 10.00 5/27/11
6/1/11
6/15/11
0.1600 0.1800 12.50 5/19/11
5/23/11
6/7/11
1.2050 1.2750
5.81 2/2/11
2/4/11
3/14/11
0.0600 0.0700 16.67
3/17/10
3/19/10
4/2/10
0.3600 0.4200 16.67 9/13/10
9/15/10
9/30/10
0.2500 0.2750 10.00 2/16/11
2/18/11
3/15/11
0.2100 0.2300
9.52 12/29/10 12/31/10 1/18/11
0.1500 0.1600
6.67 11/1/10
11/3/10
11/12/10
0.2700 0.2750
1.85 8/15/11
8/17/11
9/15/11
0.1500 0.1600
6.67 9/30/11
10/4/11
10/25/11
0.8200 0.8700
6.10 9/8/10
9/10/10
9/30/10
0.8200 0.8700
6.10 9/8/10
9/10/10
9/30/10
0.2000 0.2200 10.00 6/22/11
6/24/11
7/8/11
0.5200 0.5225
0.48 5/10/11
5/12/11
5/19/11
0.1800 0.2000 11.11 9/3/10
9/7/10
9/21/10
0.2500 0.2750 10.00 5/11/11
5/13/11
5/27/11
0.2750 0.2900
5.45 12/23/10 12/27/10 1/31/11
0.1400 0.1600 14.29 12/1/10
12/3/10
12/15/10
0.1950 0.1975
1.28 2/14/11
2/16/11
3/10/11
0.3300 0.3450
4.55 6/13/11
6/15/11
7/5/11
0.1100 0.1200
9.09 3/11/11
3/15/11
3/31/11
0.8870 0.9250
4.28 9/13/10
9/15/10
9/30/10
2.6380 2.9545 12.00 5/16/11
5/18/11
6/16/11

Qtly
Sch

A11
MyNv
A21
C01
C31
A01
B20
B13
B15
C10
C01
A25
A21
B18
B21
C06
A18
C15
A22
C15
C07
MrSp
A02
C30
C15
A15
B12
C15
A26
MrSp
MrSp
A08
B19
C21
B27
A31
C15
C10
A05
C31
MrSp
MrSp

Challengers

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

5-9 Straight Years Higher Dividends


No.

Company
Symbol
Industry
Coca-Cola FEMSA S.A.B. de
KOF
C.V. Beverages-Non-alcoholic
Columbia Sportswear Co. COLM Apparel
Comfort Systems USA Inc. FIX
Industrial Goods
Communications Systems Inc.
JCS
Telecomm Equipment
Compass Minerals International
CMP
Mining
Costco Wholesale
COST Retail-Wholesale
Cracker Barrel Old CountryCBRL Restaurants
Crane Company
CR
Conglomerate
Crestwood Midstream Partners
CMLP
LP MLP-Natural Gas
CSX Corp.
CSX
Railroad
Cummins Inc.
CMI
Machinery
CVS Caremark
CVS
Retail-Drugstores
Daktronics Inc.
DAKT Electronics
Darden Restaurants
DRI
Restaurants
DCP Midstream Partners LP
DPM
MLP-Natural Gas
Deere & Company
DE
Farm Equipment
Delta Natural Gas
DGAS Utility-Gas
DeVry Inc.
DV
Education
Digital Realty Trust
DLR
REIT-Industrial
Dominion Resources
D
Utility-Electric/Gas
Donegal Group Inc. A
DGICA Insurance
Donegal Group Inc. B
DGICB Insurance
DPL Inc.
DPL
Utility-Electric/Gas
Duke Energy Corp.
DUK
Utility-Elec/Gas
Dun & Bradstreet Corp.
DNB
Publishing
Duncan Energy Partners LPDEP
MLP-Oil&Gas Pipelines
Eagle Financial Services EFSI
Banking
Ecology & Environment Inc.EEI
Waste Management
Edison International
EIX
Utility-Electric
Empresa Nacional de Electricidad
EOC SA
Utility-Electric
Enbridge Energy Partners LP
EEP
MLP-Oil&Gas Pipelines
Energy Transfer Equity LP ETE
MLP-Natural Gas
Enterprise Bancorp Inc.
EBTC Banking
Epoch Holding Corp.
EPHC Financial Services
Equity LifeStyle Properties ELS
REIT-Residential
EV Energy Partners LP
EVEP MLP-Oil&Gas Pipelines
Exterran Partners LP
EXLP MLP-Oil&Gas Services
Flowserve Corp.
FLS
Machinery
G&K Services Inc.
GKSR Business Services
Gap Inc.
GPS
Retail-Clothing
Gas Natural Inc.
EGAS Utility-Gas
General Mills
GIS
Food Processing

Yrs

8
6
6
8
8
8
8
7
5
7
6
8
7
7
6
9
6
5
7
8
9
9
6
7
5
5
7
6
8
8
5
7
7
5
7
5
5
5
5
7
5
8

DRIP Fees 7/29/11


Seq DR

SP

313
402
379
286
304
316
292
374
446
362
413
298
363
368
411
275
382
428
351
308
267
268
394
376
433
444
339
409
296
314
448
372
347
431
354
436
449
435
421
355
414
324

Y
Y
N
N
N
N
Y
Y
Y
Y
Y
N
Y
N
N
N
N
N

Y
Y
N
N
N
N
N
Y
Y
N
N
N
N
N
N
N
N
N
N

Price Yield
96.30 2.04
57.40 1.53
10.44 1.92
17.88 3.36
78.74 2.29
78.25 1.23
45.11 1.95
46.32 2.25
26.11 7.05
24.57 1.95
104.88 1.53
36.35 1.38
9.93 1.11
50.80 3.39
41.12 6.15
78.51 2.09
32.55 4.18
62.14 0.39
61.21 4.44
48.45 4.07
12.02 3.99
21.50 2.00
30.25 4.40
18.60 5.38
72.55 1.98
41.85 4.40
16.30 4.42
17.00 2.82
38.07 3.36
53.65 3.86
29.50 7.22
41.33 6.05
15.99 2.63
19.40 1.24
65.16 2.30
70.49 4.31
23.70 8.14
99.38 1.29
34.07 1.12
19.29 2.33
11.18 4.83
37.35 3.27

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
1.1560 1.9679 70.23 4/22/11
4/26/11
5/9/11
0.2000 0.2200 10.00 5/17/11
5/19/11
6/2/11
0.0450 0.0500 11.11
8/27/09
8/31/09
9/21/09
0.1400 0.1500
7.14
6/17/10
6/21/10
7/1/10
0.3900 0.4500 15.38 2/25/11
3/1/11
3/15/11
0.2050 0.2400 17.07 5/11/11
5/13/11
5/27/11
0.2000 0.2200 10.00 10/13/10 10/15/10 11/5/10
0.2300 0.2600 13.04 8/29/11
8/31/11
9/9/11
0.4400 0.4600
4.55 7/29/11
8/2/11
8/12/11
0.0867 0.1200 38.46 5/27/11
5/31/11
6/15/11
0.2625 0.4000 52.38 8/18/11
8/22/11
9/1/11
0.0875 0.1250 42.86 1/19/11
1/21/11
2/2/11
0.1000 0.1100 10.00 6/9/11
6/13/11
6/24/11
0.3200 0.4300 34.38 7/7/11
7/11/11
8/1/11
0.6250 0.6325
1.20 8/3/11
8/5/11
8/12/11
0.3500 0.4100 17.14 6/28/11
6/30/11
8/1/11
0.3250 0.3400
4.62 8/27/10
8/31/10
9/15/10
0.1000 0.1200 20.00 12/8/10
12/10/10 1/10/11
0.5300 0.6800 28.30 3/11/11
3/15/11
3/31/11
0.4575 0.4925
7.65 3/2/11
3/4/11
3/20/11
0.1150 0.1200
4.35 4/28/11
5/2/11
5/16/11
0.1025 0.1075
4.88 4/28/11
5/2/11
5/16/11
0.3025 0.3325
9.92 2/10/11
2/15/11
3/1/11
0.2450 0.2500
2.04 8/10/11
8/12/11
9/16/11
0.3500 0.3600
2.86 2/24/11
2/28/11
3/16/11
0.4575 0.4600
0.55 7/27/11
7/29/11
8/10/11
0.1700 0.1800
5.88 10/28/10 11/1/10
11/15/10
0.2200 0.2400
9.09 7/14/11
7/18/11
8/5/11
0.3150 0.3200
1.59 12/29/10 12/31/10 1/31/11
0.7690 1.0349 34.57 5/3/11
5/5/11
5/9/11
0.5135 0.5325
3.70 8/3/11
8/5/11
8/12/11
0.5600 0.6250 11.61 8/3/11
8/5/11
8/19/11
0.1000 0.1050
5.00 2/4/11
2/8/11
3/1/11
0.0500 0.0600 20.00 1/26/11
1/28/11
2/11/11
0.3000 0.3750 25.00 3/29/11
3/31/11
4/15/11
0.7590 0.7600
0.13 5/4/11
5/6/11
5/13/11
0.4775 0.4825
1.05 8/5/11
8/9/11
8/12/11
0.2900 0.3200 10.34 3/29/11
3/31/11
4/14/11
0.0750 0.0950 26.67 9/14/10
9/16/10
9/30/10
0.1000 0.1125 12.50 4/4/11
4/6/11
4/27/11
0.0400 0.0450 12.50
4/13/09
4/15/09
4/30/09
0.2800 0.3050
8.93 7/7/11
7/11/11
8/1/11

Qtly
Sch

May
C02
C21
A01
C15
B27
B05
C09
B12
C15
C01
B02
Jun
B01
B12
B01
C15
B24
C31
C20
B17
B17
C01
C16
C16
B10
B15
B05
A31
MyDe
B12
B19
C01
B11
A15
B13
B12
A14
C30
A28
A30
B01

Challengers

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

5-9 Straight Years Higher Dividends


No.

Company
Symbol
Genesis Energy LP
GEL
Greif Inc. A
GEF
H.J.Heinz Co.
HNZ
Hanover Insurance Group (The)
THG
Harris Corp.
HRS
Hasbro Inc.
HAS
Hawkins Inc.
HWKN
Healthcare Services Group HCSG
Inc.
Holly Energy Partners LP HEP
Infinity Property & CasualtyIPCC
Intel Corp.
INTC
International Flavors & Fragrances
IFF
International Speedway Corp.
ISCA
ITC Holdings Corp.
ITC
ITT Corp.
ITT
J&J Snack Foods Corp.
JJSF
JB Hunt Transport ServicesJBHT
Inc.
Kaydon Corp.
KDN
Kellogg Company
K
Knight Transportation Inc. KNX
Kroger Company
KR
L-3 Communications Holdings
LLLInc.
Laclede Group Inc.
LG
Lake Shore Bancorp Inc. LSBK
Landauer Inc.
LDR
Landstar System Inc.
LSTR
Lindsay Corp.
LNN
Lockheed Martin
LMT
Microsoft Corp.
MSFT
MOCON Inc.
MOCO
Monro Muffler Brake Inc. MNRO
MSC Industrial Direct Co. Inc.
MSM
National Healthcare Corp. NHC
National Instruments Corp. NATI
National Interstate Corp. NATL
National Presto Industries NPK
National Research Corp. NRCI
National Semiconductor Corp.
NSM
Natural Resource Partners NRP
LP
NewMarket Corp.
NEU
Nike Inc.
NKE
Nippon Telegraph & Telephone
NTT

Industry
MLP-Oil&Gas Pipelines
Packaging
Food Processing
Insurance
Telecomm Equipment
Recreation
Chemical-Specialty
Business Services
MLP-Oil&Gas Pipelines
Insurance
Technology-Hardware
Food Processing
Recreation
Utility-Electric
Industrial Goods
Food Processing
Transportation
Industrial Goods
Food Processing
Transportation
Retail-Grocery
Aerospace/Defense
Utility-Gas
Banking
Business Services
Transportation
Farm Equipment
Aerospace/Defense
Technology-Software
Scientific Instruments
Automotive
Industrial Goods
Healthcare Facilities
Technology-Automation
Insurance
Consumer Products
Business Services
Technology-Hardware
MLP-Coal
Chemical-Specialty
Apparel
Telecommunications

Yrs

8
7
7
7
9
8
6
9
7
9
8
9
6
6
8
7
8
5
7
7
5
8
8
6
9
7
9
8
6
9
7
8
8
9
7
8
7
6
8
6
9
9

DRIP Fees 7/29/11


Seq DR

SP

326
333
365
349
249
315
385
278
371
263
328
281
405
383
285
343
300
451
375
332
426
305
295
392
255
373
279
294
390
270
378
287
327
258
348
306
350
386
284
406
254
251

N
Y
N
N
N
Y
Y
N
Y
N
N
N
Y
Y
Y

N
N
N
N
N
Y
Y
N
N
N
N
N
N
Y
Y

Price Yield
25.88 6.41
61.05 2.75
52.64 3.65
36.21 3.04
39.87 2.51
39.56 3.03
34.42 1.74
15.69 4.05
53.42 6.48
50.67 1.42
22.33 3.76
61.17 2.03
27.97 0.64
70.26 1.91
53.34 1.87
51.69 0.91
45.24 1.15
35.65 2.24
55.78 3.08
15.74 1.52
24.87 1.69
79.12 2.28
37.25 4.35
10.30 2.72
56.45 3.90
44.85 0.49
63.30 0.57
75.73 3.96
27.40 2.34
16.89 2.37
35.76 1.01
61.78 1.42
47.57 2.52
25.84 1.55
22.41 1.61
101.74 8.11
36.43 2.42
24.72 1.62
31.29 6.90
164.02 1.46
90.15 1.38
24.74 2.80

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.4075 0.4150
1.84 8/3/11
8/5/11
8/12/11
0.3800 0.4200 10.53
6/16/10
6/18/10
7/1/10
0.4500 0.4800
6.67 6/22/11
6/24/11
7/10/11
0.2500 0.2750 10.00 3/11/11
3/15/11
3/29/11
0.2200 0.2500 13.64 9/6/10
9/8/10
9/17/10
0.2500 0.3000 20.00 4/28/11
5/2/11
5/16/11
0.2800 0.3000
7.14 9/22/10
9/24/10
10/8/10
0.1563 0.1588
1.60 7/27/11
7/29/11
8/19/11
0.8550 0.8650
1.17 8/4/11
8/8/11
8/12/11
0.1400 0.1800 28.57 3/9/11
3/11/11
3/25/11
0.1812 0.2100 15.89 8/3/11
8/7/11
9/1/11
0.2700 0.3100 14.81 9/19/11
9/21/11
10/5/11
0.1600 0.1800 12.50 5/26/11
5/31/11
6/30/11
0.3200 0.3350
4.69 8/30/10
9/1/10
9/15/10
0.2125 0.2500 17.65
3/1/10
3/3/10
4/1/10
0.1075 0.1175
9.30 12/13/10 12/15/10 1/5/11
0.1200 0.1300
8.33 2/11/11
2/15/11
2/25/11
0.1900 0.2000
5.26 9/8/11
9/12/11
10/3/11
0.4050 0.4300
6.17 8/30/11
9/1/11
9/15/11
0.0500 0.0600 20.00
6/2/10
6/4/10
6/25/10
0.0950 0.1050 10.53 11/11/10 11/15/10 12/1/10
0.4000 0.4500 12.50 2/25/11
3/1/11
3/15/11
0.3950 0.4050
2.53 12/8/10
12/10/10 1/4/11
0.0600 0.0700 16.67 2/3/11
2/7/11
2/22/11
0.5380 0.5500
2.23 12/8/10
12/10/10 1/3/11
0.0500 0.0550 10.00 8/4/11
8/8/11
8/26/11
0.0850 0.0900
5.88 8/15/11
8/17/11
8/31/11
0.6300 0.7500 19.05 11/29/10 12/1/10
12/31/10
0.1300 0.1600 23.08 11/16/10 11/18/10 12/9/10
0.0950 0.1000
5.26 5/4/11
5/6/11
5/20/11
0.0800 0.0900 12.50 9/1/11
9/6/11
9/16/11
0.2000 0.2200 10.00
7/9/10
7/13/10
7/27/10
0.2800 0.3000
7.14 6/28/11
6/30/11
9/1/11
0.0867 0.1000 15.38 2/2/11
2/4/11
2/21/11
0.0800 0.0900 12.50 3/7/11
3/9/11
3/18/11
8.1500 8.2500
1.23 3/2/11
3/4/11
3/15/11
0.1900 0.2200 15.79 3/2/11
3/4/11
3/31/11
0.0800 0.1000 25.00 9/16/10
9/20/10 10/12/10
0.5350 0.5400
0.93
4/30/09
5/4/09
5/14/09
0.4400 0.6000 36.36 6/13/11
6/15/11
7/1/11
0.2700 0.3100 14.81 12/2/10
12/6/10
12/30/10
0.3124 0.3459 10.72 9/27/10
9/29/10
12/1/10

Qtly
Sch

B12
A01
A10
C29
C17
B16
ApOc
B19
B12
C25
C01
A05
Jun
C15
A01
A05
B25
A03
C15
C25
C01
C15
A04
B22
A03
B26
B31
C31
C09
B20
C16
A27
C01
B21
C18
Mar
C31
A12
B14
A01
C30
JnDe

Challengers

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

5-9 Straight Years Higher Dividends


No.

Company
Symbol
Industry
Noble Corp.
NE
Oil&Gas
Northrop Grumman
NOC
Aerospace/Defense
NTT DoCoMo Inc.
DCM
Telecommunications
NuStar GP Holdings LLC NSH
MLP-Oil&Gas
Occidental Petroleum
OXY
Oil&Gas
OGE Energy Corp.
OGE
Utility-Elec/Gas
Oil-Dri Corp. of America ODC
Chemical-Specialty
Omega Healthcare Investors
OHI
REIT-Health Care
ONEOK Inc.
OKE
Utility-Gas
ONEOK Partners LP
OKS
MLP-Oil&Gas Pipelines
Pall Corp.
PLL
Machinery
PennantPark Investment Corp.
PNNT Financial Services
Perrigo Company
PRGO Drugs
PG&E Corp.
PCG
Utility-Elec/Gas
Pharmaceutical Product Development
PPDI
Healthcare Services
Portland General Electric Co.
POR
Utility-Electric
PPL Corp.
PPL
Utility-Electric
Public Service Enterprise Group
PEG
Utility-Elec/Gas
Qualcomm Inc.
QCOM Telecomm Equipment
Randgold Resources Ltd. GOLD Mining
Raytheon Company
RTN
Aerospace/Defense
Regal Beloit Corp.
RBC
Electronics
Republic Services Inc.
RSG
Waste Management
Reynolds American Inc. RAI
Tobacco
RGC Resources Inc.
RGCO Utility-Gas
Ritchie Brothers Auctioneers
RBA
Inc. Business Services
Robbins & Myers Inc.
RBN
Machinery
Robert Half International Inc.
RHI
Business Services
Rogers Communications Inc.
RCI
Telecommunications
Rollins Inc.
ROL
Business Services
Royal Dutch Shell plc A
RDS-A Oil&Gas
Royal Dutch Shell plc B
RDS-B Oil&Gas
Ryder System
R
Transportation
Safeway Inc.
SWY
Retail-Grocery
Sanderson Farms Inc.
SAFM Food Processing
Sempra Energy
SRE
Utility-Gas
Senior Housing Properties Trust
SNH
REIT-Residential
Sensient Technologies Corp.
SXT
Food Processing
Shaw Communications Inc.SJR
Telecommunications
Shire plc
SHPGY Drugs
Silgan Holdings Inc.
SLGN Packaging
Smith & Nephew plc
SNN
Medical Equipment

Yrs

7
8
9
6
9
5
9
9
9
6
7
5
8
6
6
6
9
7
9
5
7
7
9
7
8
8
5
8
6
9
5
5
7
7
9
8
7
6
9
7
8
5

DRIP Fees 7/29/11


Seq DR

SP

340
318
253
412
265
430
280
277
276
410
346
434
293
380
381
407
248
330
273
439
356
367
282
353
297
288
432
303
398
261
415
416
377
366
250
311
338
393
259
335
307
424

N
N
N
N
N
N
Y
N
N
Y
N
Y
N
N
Y
Y
Y
Y
Y
N
N
N
Y
-

N
N
N
N
N
N
N
N
N
N
N
Y
N
N
Y
Y
Y
Y
Y
N
N
N
Y
-

Price Yield
36.87 1.46
60.51 3.31
18.54 3.21
36.51 5.42
98.18 1.87
50.04 3.00
20.69 3.29
19.64 8.15
72.79 3.08
42.50 5.51
49.58 1.41
10.62 10.17
90.31 0.31
41.43 4.39
28.83 2.08
24.78 4.28
27.90 5.02
32.75 4.18
54.78 1.57
90.81 0.22
44.73 3.85
60.63 1.19
29.03 3.03
35.20 6.02
32.20 4.22
27.39 1.53
48.24 0.37
27.38 2.05
38.16 3.72
19.09 1.47
73.56 4.57
73.65 4.56
56.32 2.06
20.17 2.88
46.22 1.47
50.69 3.79
23.94 6.18
37.12 2.26
22.54 4.08
104.00 0.33
38.78 1.13
52.99 1.41

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.1314 0.1347
2.51 11/4/10
11/8/10
11/18/10
0.4700 0.5000
6.38 5/26/11
5/31/11
6/11/11
0.2704 0.2973
9.93 9/27/10
9/29/10 12/20/10
0.4800 0.4950
3.13 8/5/11
8/9/11
8/16/11
0.3800 0.4600 21.05 3/8/11
3/10/11
4/15/11
0.3625 0.3750
3.45 1/6/11
1/10/11
1/28/11
0.1600 0.1700
6.25 8/17/11
8/19/11
9/2/11
0.3800 0.4000
5.26 7/28/11
8/1/11
8/15/11
0.5200 0.5600
7.69 7/28/11
8/1/11
8/12/11
0.5750 0.5850
1.74 7/28/11
8/1/11
8/12/11
0.1600 0.1750
9.38 2/4/11
2/8/11
2/23/11
0.2600 0.2700
3.85 3/11/11
3/15/11
4/1/11
0.0625 0.0700 12.00 11/24/10 11/26/10 12/14/10
0.4200 0.4550
8.33
3/29/10
3/31/10
4/15/10
0.1419 0.1500
5.71
6/11/10
6/15/10
6/29/10
0.2600 0.2650
1.92 6/22/11
6/24/11
7/15/11
0.3450 0.3500
1.45
3/8/10
3/10/10
4/1/10
0.3325 0.3425
3.01
3/8/10
3/10/10
3/31/10
0.1900 0.2150 13.16 5/25/11
5/27/11
6/24/11
0.1700 0.2000 17.65 5/11/11
5/13/11
5/27/11
0.3750 0.4300 14.67 4/4/11
4/6/11
4/28/11
0.1700 0.1800
5.88 6/29/11
7/1/11
7/15/11
0.2000 0.2200 10.00 9/29/11
10/3/11
10/17/11
0.4900 0.5300
8.16 3/8/11
3/10/11
4/1/11
0.3300 0.3400
3.03 1/12/11
1/14/11
2/1/11
0.1000 0.1050
5.00 8/18/10
8/20/10
9/10/10
0.0425 0.0450
5.88 1/19/11
1/21/11
2/18/11
0.1300 0.1400
7.69 2/23/11
2/25/11
3/15/11
0.3010 0.3550 17.94 3/16/11
3/18/11
4/1/11
0.0600 0.0700 16.67 2/8/11
2/10/11
3/10/11
0.8000 0.8400
5.00
5/6/09
5/8/09
6/10/09
0.8000 0.8400
5.00
5/6/09
5/8/09
6/10/09
0.2700 0.2900
7.41 8/18/11
8/22/11
9/16/11
0.1200 0.1450 20.83 6/21/11
6/23/11
7/14/11
0.1500 0.1700 13.33 10/1/10
10/5/10
10/19/10
0.3900 0.4800 23.08 3/16/11
3/18/11
4/15/11
0.3600 0.3700
2.78 10/13/10 10/15/10 11/12/10
0.2000 0.2100
5.00 2/7/11
2/9/11
3/1/11
0.0730 0.0767
5.01 1/12/11
2/15/11
2/28/11
0.1485 0.1730 16.50 9/8/10
9/10/10
10/7/10
0.1050 0.1100
4.76 3/1/11
3/3/11
3/17/11
0.3395 0.3735 10.01 10/13/10 10/15/10 11/2/10

Qtly
Sch

B19
C11
JnDe
B16
A15
A28
C02
B15
B12
B12
B23
A01
C14
A15
C29
A15
A01
C31
C24
B27
A28
A15
A17
A03
B01
C10
B18
C15
A01
C10
C09
C09
C16
A14
A19
A15
B12
C01
Mo.
ApOc
C17
MyNv

Challengers

End-of-month update at: http://dripinvesting.org/Tools/Tools.htm

(and American Depository Receipts)

Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months
Dates in Red (right-aligned) indicate last increase more than a year ago (Ex-Div Date)

5-9 Straight Years Higher Dividends


No.

Company
Symbol
Somerset Hills Bancorp
SOMH
Southwest Gas Corp.
SWX
Spectra Energy Partners LPSEP
Steris Corp.
STE
StoneMor Partners LP
STON
Strayer Education Inc.
STRA
Suncor Energy Inc.
SU
Targa Resources Partners LP
NGLS
TECO Energy Inc.
TE
Teekay LNG Partners LP TGP
Teekay Offshore Partners LP
TOO
Telefonica S.A.
TEF
Texas Instruments
TXN
Texas Pacific Land Trust TPL
Textainer Group Holdings Ltd.
TGH
Tiffany & Company
TIF
Tim Hortons Inc.
THI
Torchmark Corp.
TMK
Tower Group Inc.
TWGP
TransAlta Corp.
TAC
Transmontaigne Partners LP
TLP
Travelers Companies
TRV
Union Pacific
UNP
United Community BancorpUCBA
Verizon Communications VZ
VSE Corp.
VSEC
Waste Management
WM
Westar Energy
WR
Westlake Chemical Corp. WLK
Williams Companies
WMB
Williams Partners LP
WPZ
Williams-Sonoma Inc.
WSM
Wisconsin Energy
WEC
Xcel Energy
XEL
Xilinx Inc.
XLNX
Yum! Brands Inc.
YUM
Averages:
204

Industry
Banking
Utility-Natural Gas
MLP-Oil&Gas Pipelines
Medical Equipment
MLP-Cemetaries
Education
Oil&Gas
MLP-Oil&Gas Pipelines
Utility-Elec/Gas
MLP-LNG Transport.
MLP-LNG Transport.
Telecommunications
Technology-Hardware
Real Estate Develop.
Transportation
Retail-Jewelry
Restaurants
Insurance
Insurance
Utility-Electric
MLP-Oil&Gas Pipelines
Insurance
Railroad
Banking
Telecommunications
Business Services
Waste Management
Utility-Electric
Chemical-Specialty
Oil&Gas
MLP-Oil&Gas Pipelines
Retail-Home Products
Utility-Elec/Gas
Utility-Elec/Gas
Technology-Hardware
Restaurants

Yrs

6
5
5
6
7
7
6
5
5
7
5
9
7
6
5
9
6
6
5
5
7
7
5
5
6
8
8
7
7
8
7
6
8
8
9
7
7.0

DRIP Fees 7/29/11


Seq DR

SP

389
441
447
384
357
342
404
445
440
345
437
269
341
396
438
274
397
408
442
427
369
364
443
418
387
325
309
352
334
320
370
401
301
323
271
337

N
N
N
Y
Y
Y
N
Y
N
N
Y
N
Y
N
Y
Y

N
N
N
N
N
Y
N
Y
N
Y
N
N
Y
N
N
Y

Price Yield
8.25 2.91
37.29 2.84
29.74 6.25
34.99 1.71
28.07 8.34
121.65 3.29
38.22 1.15
34.43 6.62
18.53 4.64
36.53 6.90
28.61 6.99
22.32 8.87
29.75 1.75
44.92 0.47
25.95 4.78
79.59 1.46
47.93 1.42
40.39 1.09
22.86 3.28
22.14 5.05
34.84 7.12
55.13 2.97
102.48 1.85
5.45 8.07
35.29 5.53
21.05 1.33
31.49 4.32
25.81 4.96
51.75 0.49
31.70 2.52
55.80 5.25
37.02 1.84
30.65 3.39
24.00 4.33
32.10 2.37
52.82 1.89
43.95 3.15

Most Recent Dividend Increase Information


Quarterly Rate
%
Dividend Dates
Old
New
Inc.
Ex-Div
Record
Pay
0.0500 0.0600 20.00 11/12/10 11/16/10 11/30/10
0.2500 0.2650
6.00 5/12/11
5/16/11
6/1/11
0.4600 0.4650
1.09 7/29/11
8/2/11
8/12/11
0.1100 0.1500 36.36 8/20/10
8/24/10
9/21/10
0.5750 0.5850
1.74 5/4/11
5/6/11
5/16/11
0.7500 1.0000 33.33 11/24/10 11/29/10 12/10/10
0.1010 0.1100
8.91 6/1/11
6/3/11
6/24/11
0.5575 0.5700
2.24 7/19/11
7/21/11
8/12/11
0.2050 0.2150
4.88 5/12/11
5/16/11
5/27/11
0.6000 0.6300
5.00 2/3/11
2/7/11
2/14/11
0.4750 0.5000
5.26 5/4/11
5/6/11
5/13/11
0.8756 0.9902 13.10 5/3/11
5/5/11
5/17/11
0.1200 0.1300
8.33 10/28/10 11/1/10
11/22/10
0.2000 0.2100
5.00 3/2/11
3/4/11
3/11/11
0.2900 0.3100
6.90 5/12/11
5/16/11
5/23/11
0.2500 0.2900 16.00 6/16/11
6/20/11
7/11/11
0.1300 0.1700 30.77 3/3/11
3/7/11
3/22/11
0.1067 0.1100
3.13 5/27/11
6/1/11
8/1/11
0.1250 0.1875 50.00 6/9/11
6/13/11
6/24/11
0.2585 0.2795
8.12 11/29/10 12/1/10
1/1/11
0.6100 0.6200
1.64 7/27/11
7/29/11
8/9/11
0.3600 0.4100 13.89 6/8/11
6/10/11
6/30/11
0.3800 0.4750 25.00 5/26/11
5/31/11
7/1/11
0.1000 0.1100 10.00
5/10/10
5/12/10
5/28/10
0.4750 0.4875
2.63 10/6/10
10/8/10
11/1/10
0.0600 0.0700 16.67 7/25/11
7/27/11
8/10/11
0.3150 0.3400
7.94 3/9/11
3/11/11
3/25/11
0.3100 0.3200
3.23 3/7/11
3/9/11
4/1/11
0.0575 0.0635 10.43 8/30/10
9/1/10
9/16/10
0.1250 0.2000 60.00 6/8/11
6/10/11
6/27/11
0.7175 0.7325
2.09 8/3/11
8/5/11
8/12/11
0.1500 0.1700 13.33 4/25/11
4/27/11
5/24/11
0.2000 0.2600 30.00 2/10/11
2/14/11
3/1/11
0.2525 0.2600
2.97 6/21/11
6/23/11
7/20/11
0.1600 0.1900 18.75 5/16/11
5/18/11
6/8/11
0.2100 0.2500 19.05 10/13/10 10/15/10 11/5/10
9.82

Averages for

351 Contenders/Challengers

10.5

45.01

3.13

9.09

Averages for

451 Champions,Contenders
and Challengers

16.7

45.90

3.09

8.58

Qtly
Sch

B30
C01
B12
C21
B16
C10
C24
B12
B27
B14
B13
MyNv
B22
Mar
B23
A11
C22
B01
C24
B24
B09
C30
A03
B28
B01
B10
C25
A01
C16
C27
B12
B24
C01
A20
C08
B05

Challengers

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months
&=MultiIncThisYr

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Company
Symbol Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
Aaron's Inc.
AAN
0.05
3.38
20.3
16.37 12
1.54
1.20
1.06
1.99
1.78
1.98
11.2
11.8
2,020
13.00
Accenture plc
ACN
SA,ADR-Ire,@
0.83
26.19 194.3
18.77 8
3.15
1.39
1.48 10.38
3.39
3.80
12.1
12.6
38,110
36.45
Acme United Corp.
ACU
0.24
27.91 (22.9) 11.74 12
0.86
N/A
0.46
1.14
1.00
1.17
17.0
n/a
31
8.51
AGL Resources
AGL
1.80
62.72
3.0
14.22 12
2.87
2.17
1.42
1.68
3.14
3.28
4.5
6.0
3,190
34.21
Airgas Inc.
ARG
1.16
39.59
81.2
23.45 3
2.93
1.27
1.27
3.15
3.92
4.59
17.1
13.8
5,390
60.31
Alliance Financial Corp.
ALNC
1.20
44.78 (23.7) 12.02 12
2.68
1.64
2.46
1.09
2.81
2.86
1.8
7.0
153
27.31
Alliance Holdings GP LP AHGP &
2.22
71.84 148.2
16.19 12
3.09
1.02
1.78
8.56
3.45
3.82
10.7
14.2
2,990
35.50
Alliance Resource PartnersARLP
LP
&
3.56
50.07
30.0
10.80 12
7.11
0.97
1.69
3.52
7.80
8.49
8.8
10.2
2,820
48.67
Alliant Energy Corp.
LNT
1.70
59.03
(4.2) 13.68 12
2.88
2.40
1.27
1.51
2.89
2.96
2.4
5.7
4,370
33.62
Allied World Assurance Co.AWH
Holdings
ADR-Switz.
Ltd.
0.80
6.93 (61.4)
4.72 12
11.54
3.22
1.15
0.71
3.46
6.63
91.6
4.9
2,060
48.21
Altera Corp.
ALTR
0.32
11.76
75.5
15.03 12
2.72
1.04
6.07
4.61
2.61
2.75
5.4
15.1
13,250
24.48
American Financial Group Inc.
AFG
0.65
15.48 (46.7)
8.09 12
4.20
1.13
0.79
0.79
3.35
3.54
5.7
9.0
3,520
28.00
American Greetings
AM
0.60
27.91 (27.1) 10.31 2
2.15
0.82
0.57
1.16
2.75
3.05
10.9
9.8
898
18.02
AmeriGas Partners LP
APU
2.96 115.18
90.8
16.62 12
2.57
2.80
1.02
4.93
2.82
2.90
2.8
5.4
2,440
41.53
Ameriprise Financial Inc. AMP
0.92
21.30 (16.9) 12.52 12
4.32
0.74
1.25
1.24
5.51
6.45
17.1
13.3
13,110
40.79
AmerisourceBergen Corp. ABC
0.46
19.09
54.5
15.90 9
2.41
1.26
0.13
3.38
2.49
2.79
12.0
12.2
10,500
27.09
AmTrust Financial ServicesAFSI
Inc.
0.32
13.01 (12.1)
9.44 12
2.46
0.67
1.32
1.84
2.63
2.82
7.2
13.2
1,380
12.51
Analog Devices Inc.
ADI
1.00
34.60
23.9
11.90 10
2.89
1.15
3.45
2.90
2.89
3.03
4.8
10.4
10,310
27.45
Andersons Inc. (The)
ANDE
0.44
11.73 (10.6) 10.96 12
3.75
0.86
0.21
1.64
4.00
4.13
3.3
12.0
765
32.01
Arch Coal Inc.
ACI
0.44
33.33
25.6
19.39 12
1.32
0.11
1.66
1.83
2.41
3.99
65.6
96.6
5,400
21.02
Assurant Inc.
AIZ
0.72
29.39 (30.9) 14.54 12
2.45
0.77
0.41
0.74
4.68
5.48
17.1
9.9
3,440
33.43
Astrazeneca plc
AZN
SA,ADR-UK,@
2.55
45.78
7.6
8.71 12
5.57
3.16
2.08
2.99
7.17
6.07 (15.3)
2.1
68,350
44.98
Astro-Med Inc.
ALOT
0.28 100.00
16.9
28.21 1
0.28
0.82
1.09
n/a
n/a
58
6.54
Atrion Corp.
ATRI
1.68
14.75
61.6
17.48 12
11.39
N/A
3.68
3.36
N/A
N/A
n/a
n/a
401 132.11
Avista Corp.
AVA
1.10
58.82 (13.1) 13.48 12
1.87
3.02
0.93
1.26
1.80
1.89
5.0
4.6
1,450
20.18
Axis Capital Holdings Ltd. AXS
0.92
36.65 (34.1) 12.70 12
2.51
-3.51
1.12
0.77 -0.85
4.04 (575.3)
10.7
4,120
29.79
Bank of Marin Bancorp
BMRC
0.64
22.54
(3.3) 13.56 12
2.84
1.25
3.34
1.55
3.03
3.33
9.9
10.2
204
30.60
Bar Harbor Bankshares
BHB
&
1.10
40.44 (30.5) 10.44 12
2.72
N/A
2.96
1.04
2.95
3.10
5.1
n/a
109
26.50
Best Buy Corp.
BBY
0.64
20.65 (18.7)
8.90 2
3.10
0.80
0.21
1.67
3.49
3.72
6.6
9.9
10,320
27.92
BHP Billiton Ltd.
BHP
SA,ADR-Aus,@
1.74
28.38
74.2
14.93 6
6.13
0.97
4.10
4.57
5.96
7.93
33.1
15.8 254,650
64.14
BHP Billiton plc
BBL
SA,ADR-UK,@
1.74
28.38
42.8
12.26 6
6.13
0.80
3.35
3.74
5.92
6.87
16.0
15.9 209,030
54.00
Birner Dental Management BDMS
Svcs
0.88 131.34 150.1
31.19 12
0.67
0.56
4.51
n/a
n/a
39
16.13
Boardwalk Pipeline Partners
BWP
LP
&
2.09 157.14
28.3
21.40 12
1.33
4.99
4.86
1.73
1.50
1.60
6.7
3.8
5,480
27.01
Bob Evans Farms
BOBE
0.80
44.94
16.7
19.40 4
1.78
1.41
0.63
1.58
2.39
2.74
14.6
10.2
1,040
23.67
BOK Financial Corp.
BOKF
1.10
29.89
(3.0) 14.80 12
3.68
1.37
3.21
1.43
3.95
4.24
7.3
10.1
3,730
42.56
Campbell Soup Co.
CPB
1.16
47.74 145.0
13.60 7
2.43
2.93
1.39
9.93
2.49
2.37
(4.8)
4.5
10,610
32.66
Cass Information Systems Inc.
CASS
0.64
27.35
29.2
16.04 12
2.34
N/A
3.10
2.34
N/A
N/A
n/a
n/a
353
32.07
CenterPoint Energy
CNP
0.79
69.91
41.0
17.33 12
1.13
3.23
1.01
2.58
1.10
1.21
10.0
5.5
8,330
14.12
Chesapeake Utilities
CPK
1.38
51.11
(0.4) 14.30 12
2.70
1.13
0.88
1.56
2.78
2.93
5.4
12.3
369
32.07
Cheviot Financial Corp.
CHEV
0.48 208.70
29.3
35.83 12
0.23
N/A
6.35
1.05
N/A
N/A
n/a
n/a
73
7.72
China Mobile Limited
CHL
SA,ADR-China,@
1.85
40.48
4.0
10.90 12
4.57
N/A
2.65
2.23
N/A
N/A
n/a
n/a 199,970
43.51
CNOOC Ltd.
CEO
SA,ADR-China,@
5.91
31.43
24.7
11.83 12
18.80
1.13
3.49
2.96 25.16 27.84
10.7
7.8
99,300 162.41

5-9 Straight Years Higher Dividends

SA=Semi-Annual

@=AnnualizedRate

Challengers

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months
&=MultiIncThisYr

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Company
Symbol Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
Coca-Cola FEMSA S.A.B. de
KOF
C.V. Annual,ADR-Mex
1.97
42.14
62.5
20.62 12
4.67
1.70
1.91
2.88
5.19
5.94
14.5
10.9
17,780
65.91
Columbia Sportswear Co. COLM
0.88
37.29
48.5
24.32 12
2.36
1.52
1.38
2.04
2.86
3.37
17.8
13.2
1,950
46.08
Comfort Systems USA Inc. FIX
0.20 100.00
71.7
52.20 12
0.20 12.41
0.34
1.27
0.15
0.50 233.3
5.6
398
9.98
Communications Systems Inc.
JCS
0.60
46.51
0.2
13.86 12
1.29
N/A
1.21
1.63
N/A
N/A
n/a
n/a
151
10.00
Compass Minerals International
CMP
1.80
40.63 130.4
17.77 12
4.43
1.52
2.48
6.72
5.47
6.42
17.4
9.5
2,590
70.07
Costco Wholesale
COST
0.96
30.00
76.6
24.45 8
3.20
1.78
0.40
2.87
3.32
3.85
16.0
13.2
34,260
54.05
Cracker Barrel Old CountryCBRL
0.88
22.00
40.5
11.28 7
4.00
1.11
0.42
3.94
3.83
4.29
12.0
10.6
1,040
42.79
Crane Company
CR
1.04
34.44
29.8
15.34 12
3.02
1.47
1.13
2.47
3.40
3.83
12.6
9.3
2,690
32.69
Crestwood Midstream Partners
CMLP
LP &
1.84 167.27
85.4
23.74 12
1.10
2.60
8.18
3.26
1.31
1.54
17.6
7.7
977
20.27
CSX Corp.
CSX
0.48
30.77
45.6
15.75 12
1.56
0.88
2.39
3.03
1.75
2.05
17.1
16.0
26,910
15.50
Cummins Inc.
CMI
1.60
25.44
76.8
16.67 12
6.29
1.01
1.41
4.22
8.75 10.47
19.7
11.9
20,380
71.51
CVS Caremark
CVS
0.50
20.33
(7.6) 14.78 12
2.46
1.20
0.50
1.30
2.78
3.17
14.0
10.9
49,220
26.84
Daktronics Inc.
DAKT Div-Annual
0.11
32.35
62.3
29.21 4
0.34
2.20
0.94
2.03
0.45
0.58
28.9
10.0
414
7.30
Darden Restaurants
DRI
1.72
50.74
53.1
14.99 5
3.39
1.03
0.91
3.52
3.87
4.37
12.9
12.7
6,840
39.36
DCP Midstream Partners LP
DPM
&
2.53 -3614.29
n/a -587.43 12
-0.07
9.77
1.32
2.98
1.03
1.61
56.3
4.1
1,810
31.04
Deere & Company
DE
1.64
28.18
64.1
13.49 10
5.82
1.15
1.15
4.49
6.37
7.40
16.2
10.7
32,950
60.45
Delta Natural Gas
DGAS
1.36
69.39
12.0
16.61 6
1.96
4.22
1.38
1.70
1.95
1.95
0.0
4.0
109
28.78
DeVry Inc.
DV
Semi-ann. Div
0.24
5.23
38.5
13.54 6
4.59
1.14
1.99
3.19
4.63
4.73
2.2
11.8
4,270
36.34
Digital Realty Trust
DLR
2.72 323.81 254.5
72.87 12
0.84
1.43
6.27
3.88
4.03
4.43
9.9
10.6
5,830
47.42
Dominion Resources
D
1.97
37.10
(2.2)
9.12 12
5.31
7.03
1.87
2.36
3.14
3.25
3.5
2.2
27,900
41.13
Donegal Group Inc. A
DGICA
0.48
90.57 (10.2) 22.68 12
0.53
7.97
0.72
0.80
0.30
1.05 250.0
5.0
308
10.78
Donegal Group Inc. B
DGICB
0.43
81.13
61.1
40.57 12
0.53
1.30
1.44
n/a
n/a
551
13.91
DPL Inc.
DPL
Being Acquired
1.33
58.59
30.6
13.33 12
2.27
2.24
1.89
2.88
2.41
2.41
0.0
5.6
3,540
24.84
Duke Energy Corp.
DUK
1.00
96.15
(6.9) 17.88 12
1.04
4.03
1.77
1.09
1.37
1.41
2.9
3.4
24,770
16.76
Dun & Bradstreet Corp.
DNB
1.44
28.40
n/a 14.31 12
5.07
1.05
2.14
N/A
6.08
6.76
11.2
11.4
3,580
65.34
Duncan Energy Partners LPDEP
&,Being Acq'd
1.84 121.05
97.3
27.53 12
1.52
5.98
2.17
3.18
1.74
2.03
16.7
4.0
2,420
27.00
Eagle Financial Services EFSI
BulletinBoard(.OB)
0.72
73.47 (15.3) 16.63 12
0.98
N/A
2.49
0.97
1.60
2.05
28.1
n/a
53
15.75
Ecology & Environment Inc.EEI
Semi-ann. Div
0.48
29.27 (17.7) 10.37 7
1.64
N/A
0.44
1.47
1.58
1.70
7.6
n/a
72
11.35
Edison International
EIX
1.28
34.50 (26.6) 10.26 12
3.71
2.50
1.02
1.18
2.77
2.64
(4.7)
5.5
12,400
32.69
Empresa Nacional de Electricidad
EOC SA
SA,ADR-Chile,@
2.07
48.24
23.2
12.51 12
4.29
3.16
2.77
2.73
4.02
4.61
14.7
4.2
14,670
48.86
Enbridge Energy Partners LP
EEP
+EEQ,Canada
2.13 -197.22
n/a -27.31 12
-1.08
7.38
0.91
2.34
1.45
1.60
10.3
2.8
7,520
25.19
Energy Transfer Equity LP ETE
&
2.50 333.33 1483.7
55.11 12
0.75
0.83
1.36 102.40
1.80
2.18
21.1
27.7
9,220
32.61
Enterprise Bancorp Inc.
EBTC
0.42
38.18 (11.2) 14.54 12
1.10
2.40
1.22
n/a
n/a
151
10.45
Epoch Holding Corp.
EPHC
0.24
28.24 184.5
22.82 6
0.85
N/A
7.03
7.98
N/A
N/A
n/a
n/a
453
9.30
Equity LifeStyle Properties ELS
1.50 110.29 190.8
47.91 12
1.36
2.07
4.75
3.97
3.47
4.53
30.5
9.1
2,430
49.51
EV Energy Partners LP
EVEP &
3.04 608.00 295.8 140.98 12
0.50
5.75 11.35
2.50
2.22
2.82
27.0
5.5
2,410
31.68
Exterran Partners LP
EXLP &
1.93 -216.85
n/a -26.63 12
-0.89 33.32
3.04
2.28
0.24
0.60 150.0
3.0
761
20.75
Flowserve Corp.
FLS
1.28
17.83
22.8
13.84 12
7.18
1.09
1.35
2.45
7.83
9.17
17.1
11.6
5,550
87.76
G&K Services Inc.
GKSR
0.38
19.00
(2.3) 17.04 6
2.00
1.77
0.76
1.26
1.66
1.93
16.3
11.6
637
19.28
Gap Inc.
GPS
0.45
24.46
17.2
10.48 1
1.84
1.54
0.73
2.95
1.43
1.70
18.9
8.8
10,620
16.62
Gas Natural Inc.
EGAS Monthly Div.
0.54
58.06 (20.6) 12.02 12
0.93
N/A
0.94
1.18
0.80
0.82
2.5
n/a
91
9.76
General Mills
GIS
1.22
45.19
52.4
13.83 5
2.70
1.86
1.62
3.78
2.61
2.83
8.4
7.7
24,090
33.11

5-9 Straight Years Higher Dividends

SA=Semi-Annual

@=AnnualizedRate

Challengers

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months
&=MultiIncThisYr

5-9 Straight Years Higher Dividends

SA=Semi-Annual
@=AnnualizedRate

Company
Symbol
Genesis Energy LP
GEL
Greif Inc. A
GEF
H.J.Heinz Co.
HNZ
Hanover Insurance Group (The)
THG
Harris Corp.
HRS
Hasbro Inc.
HAS
Hawkins Inc.
HWKN
Healthcare Services Group HCSG
Inc.
Holly Energy Partners LP HEP
Infinity Property & CasualtyIPCC
Intel Corp.
INTC
International Flavors & Fragrances
IFF
International Speedway Corp.
ISCA
ITC Holdings Corp.
ITC
ITT Corp.
ITT
J&J Snack Foods Corp.
JJSF
JB Hunt Transport ServicesJBHT
Inc.
Kaydon Corp.
KDN
Kellogg Company
K
Knight Transportation Inc. KNX
Kroger Company
KR
L-3 Communications Holdings
LLLInc.
Laclede Group Inc.
LG
Lake Shore Bancorp Inc. LSBK
Landauer Inc.
LDR
Landstar System Inc.
LSTR
Lindsay Corp.
LNN
Lockheed Martin
LMT
Microsoft Corp.
MSFT
MOCON Inc.
MOCO
Monro Muffler Brake Inc. MNRO
MSC Industrial Direct Co. Inc.
MSM
National Healthcare Corp. NHC
National Instruments Corp. NATI
National Interstate Corp. NATL
National Presto Industries NPK
National Research Corp. NRCI
National Semiconductor Corp.
NSM
Natural Resource Partners NRP
LP
NewMarket Corp.
NEU
Nike Inc.
NKE
Nippon Telegraph & Telephone
NTT

Note
&

Semi-ann. Div
&
&
&
Div-Annual
will split to 3co's

AnnualDiv w/Extra

Being Acquired
&
SA,ADR-Japan,@

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
1.66 319.23 138.0
49.77 12
0.52
5.65
0.72
2.56
1.14
1.45
27.2
4.0
1,670
19.50
1.68
33.94
8.8
12.33 10
4.95
1.73
0.74
2.16
4.72
5.38
14.0
7.5
2,880
54.90
1.92
62.75 104.1
17.20 4
3.06
2.06
1.59
5.45
3.34
3.64
9.0
7.7
16,940
44.35
1.10
35.37 (41.6) 11.64 12
3.11
1.66
0.51
0.66
1.98
3.65
84.3
11.0
1,650
36.08
1.00
21.23 (12.6)
8.46 6
4.71
0.93
0.90
2.03
4.89
5.16
5.5
8.8
5,070
40.41
1.20
45.45
56.6
14.98 12
2.64
0.84
1.29
3.68
3.04
3.51
15.5
15.5
5,380
38.77
0.60
30.61
41.1
17.56 3
1.96
N/A
1.17
2.55
N/A
N/A
n/a
n/a
355
29.15
0.64 119.81 151.0
29.60 12
0.53
1.59
1.26
4.79
0.59
0.71
20.3
16.7
1,040
13.40
3.46 151.75 119.6
23.43 12
2.28
4.30
6.37
4.63
2.50
2.73
9.2
5.0
1,180
45.61
0.72
10.71 (43.6)
7.54 12
6.72
1.42
0.64
0.95
3.61
3.86
6.9
9.9
628
45.01
0.84
38.53
5.6
10.24 12
2.18
0.85
2.46
2.45
2.38
2.50
5.0
11.0 118,220
17.60
1.24
35.53
87.0
17.53 12
3.49
2.49
1.84
4.49
3.92
4.32
10.2
6.3
4,920
43.50
0.18
16.51
12.5
25.66 11
1.09
1.29
2.09
1.11
1.69
1.93
14.2
12.8
1,340
22.34
1.34
44.97
81.1
23.58 12
2.98
1.27
5.06
3.13
3.32
4.05
22.0
16.7
3,590
55.74
1.00
23.98
9.5
12.79 12
4.17
1.13
0.90
2.11
4.79
5.17
7.9
9.9
9,820
42.05
0.47
15.88
33.6
17.46 9
2.96
N/A
1.33
2.30
2.60
2.79
7.3
n/a
965
37.00
0.52
28.73 217.4
24.99 12
1.81
1.09
1.31
9.07
2.11
2.58
22.3
19.7
5,440
32.05
0.80
49.38
27.0
22.01 12
1.62
1.43
2.57
1.65
1.84
2.16
17.4
13.5
1,160
31.25
1.72
53.75 160.4
17.43 12
3.20
1.88
1.61
8.75
3.49
3.80
8.9
8.5
20,240
47.79
0.24
35.82
64.4
23.49 12
0.67
1.30
1.77
2.59
0.76
0.96
26.3
15.9
1,310
14.70
0.42
22.70
30.7
13.44 1
1.85
1.27
0.18
2.86
1.97
2.19
11.2
9.9
15,050
19.67
1.80
21.84 (27.0)
9.60 12
8.24
1.24
0.54
1.25
8.54
8.96
4.9
7.5
8,400
66.11
1.62
66.39
(1.2) 15.27 9
2.44
4.29
0.51
1.44
2.44
2.53
3.7
3.6
835
32.55
0.28
48.28
(9.4) 17.76 12
0.58
3.85
1.04
n/a
n/a
59
7.90
2.20
84.29 148.0
21.63 9
2.61
1.48
4.62
6.40
2.74
3.02
10.2
13.9
532
54.40
0.22
11.06 176.8
22.54 12
1.99
1.17
0.88
7.65
2.27
2.65
16.7
16.9
2,140
35.10
0.36
12.33
70.9
21.68 8
2.92
0.92
1.79
3.03
3.03
3.15
4.0
22.7
796
33.61
3.00
37.55
79.3
9.48 12
7.99
1.17
0.54
7.63
7.29
8.69
19.2
8.9
25,230
67.68
0.64
23.79
35.7
10.19 6
2.69
0.99
3.32
4.07
2.87
3.17
10.5
9.6 229,500
23.32
0.40
43.96
57.8
18.56 12
0.91
2.69
3.02
n/a
n/a
89
10.43
0.36
24.00 100.4
23.84 3
1.50
0.82
1.74
3.79
1.75
2.04
16.6
24.9
1,140
25.45
0.88
27.50
84.1
19.31 8
3.20
1.10
2.05
3.95
3.38
4.05
19.8
16.6
3,950
44.19
1.20
n/a
n/a
n/a 12
1.23
N/A
N/A
3.21
3.53
10.0
12.0
N/A
33.51
0.40
39.60 111.9
25.58 12
1.01
1.96
3.41
3.95
1.12
1.43
27.7
11.8
3,080
18.59
0.36
18.27 (16.8) 11.38 12
1.97
0.94
1.03
1.37
1.92
2.11
9.9
12.4
436
17.57
8.25
91.77
7.6
11.32 12
8.99
N/A
1.43
2.30
N/A
N/A
n/a
n/a
699
94.32
0.88
67.69 144.8
28.02 12
1.30
1.35
3.73
4.81
1.64
2.11
28.7
16.5
245
22.07
0.40
33.33 156.2
20.60 5
1.20
2.24
4.01
7.17
1.16
1.31
12.9
9.5
6,100
11.84
2.16 127.81
86.8
18.51 12
1.69
4.58 10.41
4.24
1.73
2.01
16.2
3.9
3,320
24.71
2.40
18.63
56.5
12.73 12
12.88
0.93
1.18
4.33 14.39 15.47
7.5
12.3
2,270
93.26
1.24
28.25
98.1
20.54 5
4.39
1.55
2.06
4.30
4.83
5.62
16.4
12.0
42,810
68.32
0.69
28.01 (47.0) 10.02 3
2.47
2.12
0.49
0.63
2.31
2.39
3.5
5.1
65,470
20.66

Challengers

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months
&=MultiIncThisYr

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Company
Symbol Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
Noble Corp.
NE
ADR-Switz.
0.54
46.85
35.1
32.06 12
1.15
1.86
3.75
1.28
1.75
3.85 120.0
11.3
9,270
30.23
Northrop Grumman
NOC
2.00
28.25 (27.1)
8.55 12
7.08
1.07
0.51
1.40
6.83
7.24
6.0
8.3
17,710
53.51
NTT DoCoMo Inc.
DCM
SA,ADR-Japan,@
0.59
39.37 (18.4) 12.28 3
1.51
3.11
1.40
1.22
1.51
1.56
3.3
3.9
76,880
15.85
NuStar GP Holdings LLC NSH
1.98 113.79
64.2
20.98 12
1.74
4.31 22.38
2.89
1.61
1.86
15.5
5.3
1,550
28.61
Occidental Petroleum
OXY
1.84
29.92
30.8
15.96 12
6.15
1.00
4.02
2.41
8.45
9.66
14.3
11.6
79,810
72.13
OGE Energy Corp.
OGE
1.50
50.17
26.2
16.74 12
2.99
2.31
1.34
2.14
3.18
3.65
14.8
6.8
4,900
38.20
Oil-Dri Corp. of America ODC
0.68
56.67
10.4
17.24 7
1.20
N/A
0.66
1.59
N/A
N/A
n/a
n/a
148
18.73
Omega Healthcare Investors
OHI
&
1.60 800.00 212.0
98.20 12
0.20
2.10
7.41
2.23
1.76
1.92
9.1
5.3
2,000
19.07
ONEOK Inc.
OKE
&
2.24
78.32
88.2
25.45 12
2.86
2.85
0.60
3.13
3.22
3.55
10.2
7.9
7,800
42.53
ONEOK Partners LP
OKS
&
2.34 114.71
59.9
20.83 12
2.04
2.90
0.97
2.76
2.19
2.23
1.8
6.7
8,660
33.35
Pall Corp.
PLL
0.70
30.30
96.3
21.46 7
2.31
1.52
2.26
4.04
2.89
3.30
14.2
11.3
5,770
33.72
PennantPark Investment Corp.
PNNT
1.08
77.14 (42.8)
7.59 9
1.40
1.80
6.60
0.97
1.22
1.24
1.6
4.8
484
9.61
Perrigo Company
PRGO
0.28
8.67 171.2
27.96 6
3.23
1.71
3.16
5.92
3.98
4.57
14.8
13.3
8,370
54.58
PG&E Corp.
PCG
1.82
68.68
0.7
15.63 12
2.65
2.57
1.19
1.46
3.51
3.70
5.4
4.6
16,410
41.18
Pharmaceutical Product Development
PPDI
0.60
49.59
75.2
23.83 12
1.21
1.05
2.18
2.90
1.60
1.87
16.9
17.2
3,260
22.71
Portland General Electric Co.
POR
1.06
47.75 (24.5) 11.16 12
2.22
2.68
1.04
1.15
2.01
1.91
(5.0)
4.6
1,870
19.02
PPL Corp.
PPL
1.40
59.32
(7.7) 11.82 12
2.36 -99.82
1.95
1.62
2.59
2.47
(4.6)
(0.1) 16,100
24.10
Public Service Enterprise Group
PEG
1.37
43.63 (11.8) 10.43 12
3.14 -14.36
1.45
1.68
2.65
2.52
(4.9)
(0.9) 16,570
30.15
Qualcomm Inc.
QCOM
0.86
35.25
91.4
22.45 9
2.44
1.05
7.13
3.67
3.18
3.53
11.0
16.4
91,460
37.45
Randgold Resources Ltd. GOLD Ann.,ADR-Jrsy
0.20
14.60 265.3
66.28 12
1.37
0.35 14.51
4.53
4.14
6.04
45.9
62.7
8,270
70.18
Raytheon Company
RTN
1.72
36.52 (19.9)
9.50 12
4.71
1.00
0.64
1.52
4.88
5.56
13.9
9.2
15,930
42.65
Regal Beloit Corp.
RBC
0.72
18.70
8.4
15.75 12
3.85
0.89
0.99
1.68
4.64
5.59
20.5
14.7
2,340
53.10
Republic Services Inc.
RSG
0.88
56.41
7.6
18.61 12
1.56
0.97
1.34
1.40
1.90
2.15
13.2
15.8
11,010
27.70
Reynolds American Inc. RAI
2.12
92.17
45.4
15.30 12
2.30
1.66
2.40
3.11
2.65
2.83
6.8
8.0
20,520
27.14
RGC Resources Inc.
RGCO
1.36
71.20
4.9
16.86 9
1.91
1.08
1.47
n/a
n/a
74
29.28
Ritchie Brothers Auctioneers
RBA
Inc.
0.42
63.64 197.5
41.50 12
0.66
1.83
8.00
4.80
0.78
1.02
30.8
19.2
2,900
17.32
Robbins & Myers Inc.
RBN
0.18
6.06
20.2
16.24 8
2.97
2.60
2.74
2.00
2.33
3.03
30.0
8.0
2,200
22.41
Robert Half International Inc.
RHI
0.56
75.68 179.5
37.00 12
0.74
1.08
1.20
4.75
1.01
1.52
50.5
25.1
4,020
21.16
Rogers Communications Inc.
RCI
ADR-Canada
1.42
51.08
81.5
13.73 12
2.78
1.59
1.62
5.40
3.14
3.35
6.7
7.6
20,860
33.62
Rollins Inc.
ROL
0.28
45.16 256.7
30.79 12
0.62
2.84
2.42
9.30
0.67
0.74
10.4
10.0
2,810
13.36
Royal Dutch Shell plc A
RDS-A ADR-Neth.
3.36
44.04 (21.2)
9.64 12
7.63
0.58
1.45
n/a
n/a 228,310
52.23
Royal Dutch Shell plc B
RDS-B ADR-Neth.
3.36
44.04 (21.1)
9.65 12
7.63
0.59
1.45
n/a
n/a 228,590
50.48
Ryder System
R
1.16
46.22
42.6
22.44 12
2.51
1.33
0.55
2.04
3.30
4.07
23.3
12.8
2,890
37.00
Safeway Inc.
SWY
0.58
40.28
(3.0) 14.01 12
1.44
1.18
0.18
1.51
1.72
1.91
11.0
9.9
7,380
18.73
Sanderson Farms Inc.
SAFM
0.68
47.22
53.4
32.10 10
1.44 -2.52
0.51
1.65 -1.95
2.81 (244.1)
9.4
1,020
38.17
Sempra Energy
SRE
1.92
52.89
(9.1) 13.96 12
3.63
1.79
1.38
1.33
4.20
4.47
6.4
6.7
12,170
49.11
Senior Housing Properties Trust
SNH
1.48 164.44
37.5
26.60 12
0.90
1.96
9.46
1.60
1.80
1.91
6.1
6.8
3,400
20.42
Sensient Technologies Corp.
SXT
0.84
36.36
13.4
16.07 12
2.31
2.24
1.37
1.80
2.38
2.60
9.2
7.0
1,860
26.45
Shaw Communications Inc.SJR
Mo.,ADR-Canada
0.92
76.66
55.3
18.78 8
1.20
1.46
2.05
2.89
1.50
1.65
10.0
10.3
9,820
19.29
Shire plc
SHPGY SA,ADR-UK,@
0.35
30.62 816.6
92.04 12
1.13
1.30 15.68 20.54
5.07
5.94
17.2
15.8
57,340
63.92
Silgan Holdings Inc.
SLGN
0.44
22.92 102.3
20.20 12
1.92
1.75
0.86
4.56
2.67
3.05
14.2
8.3
2,720
27.62
Smith & Nephew plc
SNN
SA,ADR-UK,@
0.75
21.72
46.2
15.40 12
3.44
1.44
2.33
3.12
3.81
4.16
9.2
9.7
9,430
41.26

5-9 Straight Years Higher Dividends

SA=Semi-Annual

@=AnnualizedRate

Challengers

Fundamental Data

ate increase
(and (by
American
Ex-Div.Depository
Date) expected
Receipts)
in next 1-2 months
&=MultiIncThisYr

Numbers in Blue directly from Yahoo! Finance


Abbreviations:

EPS=Earnings Per Share; P/E=Price/Earnings Per Share; TTM=Trailing Twelve Months; MRQ=Most Recent Quarter
PEG=P/E divided by 5-yr future growth rate; TY=This Year; NY=Next Year

Disclaimer: Although all figures are thought to be correct, no guarantee is expressed, nor should any be implied.
Annual Payout +/-% vs. TTM
FYE TTM PEG TTM MRQ TY Est NY Est NY% Est 5-yr MktCap 52-week
Company
Symbol Note
Dividend %Ratio Graham P/E Month EPS Ratio P/Sales P/Book EPS
EPS Growth Growth ($Mil)
Low
Somerset Hills Bancorp
SOMH
0.24
48.00
(8.6) 16.50 12
0.50
N/A
3.36
1.14
0.48
0.59
22.9
n/a
45
7.75
Southwest Gas Corp.
SWX
1.06
45.30
(1.1) 15.94 12
2.34
5.81
0.95
1.38
2.28
2.58
13.2
2.8
1,710
30.11
Spectra Energy Partners LPSEP
&
1.86 106.90
16.9
17.09 12
1.74
2.98 13.28
1.80
1.68
1.83
8.9
5.9
2,650
29.64
Steris Corp.
STE
0.60
70.59 118.1
41.16 3
0.85
1.48
1.70
2.60
2.33
2.61
12.0
10.1
2,070
28.07
StoneMor Partners LP
STON &
2.34 -248.94
n/a -29.86 12
-0.94 -2.60
2.60
2.50 -0.82 -0.43 (47.6)
13.2
543
21.78
Strayer Education Inc.
STRA
4.00
40.69 232.5
12.38 12
9.83
1.46
2.26 20.10
8.95
8.57
(4.2)
9.3
1,470 113.25
Suncor Energy Inc.
SU
ADR-Canada
0.44
16.99
2.1
14.76 12
2.59
0.81
1.59
1.59
3.07
3.69
20.2
15.4
60,130
29.15
Targa Resources Partners LP
NGLS &
2.28 196.55
84.5
29.68 12
1.16
3.56
0.52
2.58
1.62
1.78
9.9
6.0
2,920
24.75
TECO Energy Inc.
TE
0.86
78.90
17.9
17.00 12
1.09
1.97
1.19
1.84
1.36
1.55
14.0
6.9
3,980
15.96
Teekay LNG Partners LP TGP
2.52 182.61
67.0
26.47 12
1.38
2.16
5.33
2.37
1.83
2.04
11.5
9.2
2,010
30.53
Teekay Offshore Partners LP
TOO
2.00 160.00
89.8
22.89 12
1.25
2.41
1.99
3.54
1.45
1.56
7.6
8.2
1,800
19.54
Telefonica S.A.
TEF
SA,ADR-Spain,@
1.98
61.31
(7.6)
6.91 12
3.23 -2.17
1.10
2.78
2.55
2.53
(0.8)
(4.0) 100,980
21.21
Texas Instruments
TXN
0.52
20.00
29.7
11.44 12
2.60
1.17
2.47
3.31
2.33
2.62
12.4
10.9
34,540
22.95
Texas Pacific Land Trust TPL
Div-Annual
0.21
16.54 534.7
35.37 12
1.27
N/A 19.38 25.63
N/A
N/A
n/a
n/a
425
25.99
Textainer Group Holdings Ltd.
TGH
ADR-Bermuda&
1.24
46.27
(5.8)
9.68 12
2.68
0.68
3.91
2.06
3.20
3.44
7.5
11.9
1,270
23.75
Tiffany & Company
TIF
1.16
38.67 129.1
26.53 1
3.00
1.51
3.16
4.45
3.57
4.11
15.1
14.8
10,160
39.43
Tim Hortons Inc.
THI
ADR-Canada
0.68
17.75
80.5
12.51 12
3.83
1.44
2.86
5.86
2.34
2.74
17.1
14.2
7,860
33.52
Torchmark Corp.
TMK
0.44
10.71 (27.9)
9.83 12
4.11
1.03
1.39
1.19
4.60
5.12
11.3
8.5
4,610
31.53
Tower Group Inc.
TWGP
0.75
24.59 (45.2)
7.50 12
3.05
0.45
0.60
0.90
2.63
3.14
19.4
19.3
945
20.83
TransAlta Corp.
TAC
ADR-Canada
1.12
64.25
(4.3) 12.72 12
1.74
0.81
1.57
1.62
1.18
1.33
12.7
23.2
4,920
19.32
Transmontaigne Partners LP
TLP
&
2.48 139.33
23.0
19.57 12
1.78
3.62
3.31
1.74
2.42
2.32
(4.1)
4.0
504
30.67
Travelers Companies
TRV
1.64
31.00 (34.4) 10.42 12
5.29
1.60
0.92
0.93
4.00
5.97
49.3
8.6
23,090
48.46
Union Pacific
UNP
&
1.90
31.61
45.7
17.05 12
6.01
0.94
2.89
2.80
6.56
7.90
20.4
16.6
50,270
70.34
United Community BancorpUCBA
0.44 -366.67
n/a -45.42 6
-0.12
N/A
3.85
0.80
N/A
N/A
n/a
n/a
42
5.58
Verizon Communications VZ
1.95
87.44
35.0
15.83 12
2.23
1.88
0.95
2.59
2.24
2.60
16.1
8.4
99,840
28.61
VSE Corp.
VSEC
0.28
6.48 (55.9)
4.87 12
4.32
1.26
0.15
0.90
3.51
4.41
25.6
4.8
110
20.99
Waste Management
WM
1.36
68.00
31.2
15.75 12
2.00
1.40
1.22
2.46
2.26
2.54
12.4
10.0
14,930
32.23
Westar Energy
WR
1.28
71.51 (11.2) 14.42 12
1.79
2.32
1.42
1.23
1.71
2.00
17.0
6.5
2,930
23.24
Westlake Chemical Corp. WLK
0.25
5.89
5.6
12.01 12
4.31
1.62
1.02
2.09
4.41
4.48
1.6
7.2
3,450
24.15
Williams Companies
WMB will split to 2co's
0.80 -80.00
n/a -31.70 12
-1.00
1.00
1.95
2.48
1.49
1.71
14.8
21.3
18,640
17.72
Williams Partners LP
WPZ
&
2.93
74.37
40.8
14.16 12
3.94
2.27
2.78
3.15
3.50
3.65
4.3
7.0
16,170
41.32
Williams-Sonoma Inc.
WSM
0.68
35.05
62.1
19.08 1
1.94
1.27
1.09
3.10
2.22
2.50
12.6
13.1
3,870
24.57
Wisconsin Energy
WEC
1.04
49.52
9.5
14.60 12
2.10
2.22
1.69
1.85
2.09
2.26
8.1
6.6
7,160
26.89
Xcel Energy
XEL
1.04
61.90
(4.4) 14.29 12
1.68
2.53
1.14
1.44
1.72
1.82
5.8
5.5
11,620
21.41
Xilinx Inc.
XLNX
0.76
32.07
45.6
13.54 3
2.37
1.13
3.60
3.52
2.16
2.48
14.8
13.2
8,530
23.96
Yum! Brands Inc.
YUM
1.00
40.16 257.7
21.21 12
2.49
1.45
2.10 13.57
2.86
3.21
12.2
12.7
24,560
40.51
Averages:
204
35.93
58.7
15.45
2.81
1.41
2.48
3.62
3.07
3.53
12.5
10.2
17,441
33.96

5-9 Straight Years Higher Dividends

SA=Semi-Annual

@=AnnualizedRate

Averages for

351

32.66

53.4

15.36

2.77

1.60

2.62

3.26

2.73

3.21

19.9

10.3

15,872

35.02

Averages for

451

30.91

50.7

14.89

2.85

1.70

2.47

3.17

2.86

3.31

19.1

9.4

17,710

35.99

Challengers

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

5-9 Straight Years Higher Dividends

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

52-week % from % from 5/10


Company
Symbol High
Low
High
A/D*
1-yr
Aaron's Inc.
AAN
26.45
93.9
4.7 0.417
6.5
Accenture plc
ACN
63.66
62.2
7.1
n/a 10.0
Acme United Corp.
ACU
11.00
18.7
8.2
n/a
5.0
AGL Resources
AGL
42.40
19.3
3.8 1.248
2.3
Airgas Inc.
ARG
71.28
13.9
3.6
n/a 34.3
Alliance Financial Corp.
ALNC
33.89
17.9
5.0 1.199
7.5
Alliance Holdings GP LP AHGP
58.00
40.9
13.8
n/a 12.8
Alliance Resource PartnersARLP
LP
84.10
57.8
8.7 1.236
8.6
Alliant Energy Corp.
LNT
42.14
17.2
6.5 (3.655)
5.3
Allied World Assurance Co.AWH
Holdings Ltd.
65.70
12.9
17.1
n/a
8.1
Altera Corp.
ALTR
49.59
67.0
17.6
n/a 10.0
American Financial Group Inc.
AFG
36.19
21.4
6.1 (7.846) 10.6
American Greetings
AM
24.84
23.0
10.7 (3.049) 12.5
AmeriGas Partners LP
APU
51.50
2.9
17.0 1.905
5.1
Ameriprise Financial Inc. AMP
65.12
32.6
16.9
n/a
4.4
AmerisourceBergen Corp. ABC
43.47
41.4
11.9
n/a 41.7
AmTrust Financial ServicesAFSI
Inc.
24.15
85.6
3.9
n/a 22.7
Analog Devices Inc.
ADI
43.28
25.3
20.5
n/a
7.5
Andersons Inc. (The)
ANDE
51.23
28.4
19.8 1.450
2.9
Arch Coal Inc.
ACI
36.99
21.8
30.8 1.513
8.3
Assurant Inc.
AIZ
41.90
6.6
15.0
n/a
6.8
Astrazeneca plc
AZN
53.53
7.8
9.4 1.558 15.3
Astro-Med Inc.
ALOT
9.12
20.8
13.4 1.846 16.7
Atrion Corp.
ATRI
219.06
50.7
9.1
n/a 18.2
Avista Corp.
AVA
26.53
24.9
5.0 1.695 23.5
Axis Capital Holdings Ltd. AXS
37.81
7.0
15.7
n/a
5.0
Bank of Marin Bancorp
BMRC
39.39
25.8
2.2
n/a
7.0
Bar Harbor Bankshares
BHB
31.34
7.1
9.4 1.380
0.5
Best Buy Corp.
BBY
45.63
-1.1
39.5
n/a
1.8
BHP Billiton Ltd.
BHP
104.59
42.7
12.5 1.669
6.1
BHP Billiton plc
BBL
86.96
39.2
13.6
n/a
6.1
Birner Dental Management BDMS
Svcs
21.99
29.6
5.0
n/a 13.2
Boardwalk Pipeline Partners
BWP
LP
34.23
5.4
16.9
n/a
4.1
Bob Evans Farms
BOBE
36.98
45.9
6.6 1.241 15.2
BOK Financial Corp.
BOKF
56.58
28.0
3.7
n/a
4.8
Campbell Soup Co.
CPB
37.59
1.2
12.1 4.823 10.0
Cass Information Systems Inc.
CASS
40.49
17.1
7.3 1.393
9.4
CenterPoint Energy
CNP
20.36
38.7
3.8 (3.327)
2.6
Chesapeake Utilities
CPK
43.14
20.4
10.5 1.353
4.0
Cheviot Financial Corp.
CHEV
9.50
6.7
13.3
n/a 10.0
China Mobile Limited
CHL
54.70
14.5
8.9
n/a
4.3
CNOOC Ltd.
CEO
271.94
36.9
18.3
n/a
2.2

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
3-yr
6.4
25.2
11.9
2.4
40.4
9.0
22.6
13.4
7.6
8.3
22.4
12.9
12.4
4.9
8.2
44.6
44.2
6.1
17.6
13.0
11.1
11.3
11.9
21.0
18.9
8.4
6.1
3.0
9.9
22.8
22.8
9.9
5.4
10.7
9.7
10.3
9.9
4.7
3.3
11.2
18.1
15.1

5-yr
6.4
22.4
16.0
6.2
33.1
6.3
n/a
15.3
8.5
n/a
n/a
11.5
12.5
4.5
45.2
61.2
n/a
19.0
16.7
19.5
15.2
18.6
16.9
20.3
12.9
7.9
26.2
4.5
13.7
25.5
25.5
17.9
n/a
9.6
27.0
9.8
10.5
21.1
2.7
12.9
n/a
25.9

Amounts in Red indicate no increase during year

10-yr #
15.2
n/a
n/a
5.0
n/a
5.3
n/a
12.4
(2.3)
n/a
n/a
(1.5)
(4.1) #
2.4
n/a
n/a
n/a
n/a
11.5
12.9
n/a
12.0
9.2
n/a
7.6
n/a
n/a
3.2
n/a
15.3
n/a
n/a
n/a
7.8
n/a
2.0
7.6
(6.3)
2.0
n/a
n/a
n/a

2010
0.0490
0.8250
0.2100
1.7600
0.9400
1.1400
1.9000
3.2050
1.5800
0.8000
0.2200
0.5750
0.5400
2.7850
0.7100
0.3400
0.2700
0.8600
0.3575
0.3900
0.6300
2.4100
0.2800
1.5600
1.0000
0.8400
0.6100
1.0450
0.5700
1.7400
1.7400
0.7700
2.0300
0.7600
0.9900
1.1000
0.5800
0.7800
1.2900
0.4400
1.8500
5.2760

2009
0.0460
0.7500
0.2000
1.7200
0.7000
1.0600
1.6850
2.9500
1.5000
0.7400
0.2000
0.5200
0.4800
2.6500
0.6800
0.2400
0.2200
0.8000
0.3475
0.3600
0.5900
2.0900
0.2400
1.3200
0.8100
0.8000
0.5700
1.0400
0.5600
1.6400
1.6400
0.6800
1.9500
0.6600
0.9450
1.0000
0.5300
0.7600
1.2400
0.4000
1.7740
5.1610

2008
0.0433
0.5000
0.1700
1.6800
0.5200
0.9800
1.3175
2.5300
1.4000
0.7200
0.1900
0.5000
0.4600
2.5300
0.6600
0.1625
0.1700
0.7800
0.3250
0.3400
0.5400
1.9000
0.2300
1.0800
0.6900
0.7400
0.5600
1.0200
0.5300
1.4000
1.4000
0.6600
1.8700
0.5800
0.8750
0.9100
0.4900
0.7300
1.2000
0.3600
1.6120
4.7470

2007
0.0407
0.4200
0.1500
1.6400
0.3400
0.8800
1.0300
2.2000
1.2700
0.6300
0.1200
0.4000
0.3800
2.4100
0.5600
0.1125
0.0900
0.7200
0.2200
0.2700
0.4600
1.7500
0.2000
0.8800
0.5950
0.6600
0.5100
0.9550
0.4300
0.9400
0.9400
0.5800
1.7350
0.5600
0.7500
0.8200
0.4364
0.6800
1.1700
0.3200
1.1230
3.4580

2006
0.0380
0.3500
0.1200
1.4800
0.2700
0.8700
0.4300
1.9200
1.1500
0.1500
0.0000
0.3680
0.3200
2.3000
0.4400
0.0625
0.0000
0.6000
0.1775
0.2200
0.3800
1.4100
0.1800
0.7400
0.5700
0.6000
0.4552
0.9050
0.3400
0.7200
0.7200
0.4900
1.3190
0.5200
0.5500
0.7400
0.4000
0.6000
1.1500
0.2800
0.8240
2.8310

2005
0.0360
0.3000
0.1000
1.3000
0.2250
0.8400
0.0000
1.5750
1.0500
0.0000
0.0000
0.3333
0.3000
2.2300
0.1100
0.0313
0.0000
0.3600
0.1650
0.1600
0.3100
1.0250
0.1280
0.6200
0.5450
0.5750
0.1905
0.8400
0.3000
0.5600
0.5600
0.3375
0.0000
0.4800
0.3000
0.6900
0.3515
0.3000
1.1300
0.2400
0.0000
1.6690

2004
0.0262
0.0000
0.0400
1.1500
0.1750
0.8400
0.0000
1.2440
1.0125
0.0000
0.0000
0.3333
0.0600
2.2000
0.0000
0.0250
0.0000
0.2200
0.1550
0.1490
0.2100
0.8350
0.1222
0.5200
0.5150
0.4450
0.0000
0.8000
0.2733
0.3600
0.3600
0.1125
0.0000
0.4800
0.0000
0.6425
0.3394
0.4000
1.1100
0.2000
0.2560
1.7960

2003
0.0148
0.0000
0.0000
1.1100
0.1200
0.8300
0.0000
1.0500
1.0000
0.0000
0.0000
0.3333
0.0000
2.2000
0.0000
0.0250
0.0000
0.0400
0.1450
0.1160
0.0000
0.7770
0.1164
0.2400
0.4900
0.0700
0.0000
0.7600
0.2000
0.3100
0.1600
0.0000
0.0000
0.4600
0.0000
0.6300
0.3086
0.7925
1.1000
0.0000
0.3080
1.5900

Challengers

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

5-9 Straight Years Higher Dividends

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

52-week % from % from 5/10


Company
Symbol High
Low
High
A/D*
Coca-Cola FEMSA S.A.B. de
KOF
C.V.
98.63
46.1
2.4 1.371
Columbia Sportswear Co. COLM
70.64
24.6
18.7
n/a
Comfort Systems USA Inc. FIX
14.41
4.6
27.6
n/a
Communications Systems Inc.
JCS
20.93
78.8
14.6 4.365
Compass Minerals International
CMP
98.10
12.4
19.7
n/a
Costco Wholesale
COST
83.95
44.8
6.8
n/a
Cracker Barrel Old CountryCBRL
57.79
5.4
21.9 0.241
Crane Company
CR
52.38
41.7
11.6 1.738
Crestwood Midstream Partners
CMLP
LP
33.00
28.8
20.9
n/a
CSX Corp.
CSX
27.06
58.5
9.2 7.048
Cummins Inc.
CMI
121.49
46.7
13.7 2.113
CVS Caremark
CVS
39.50
35.4
8.0 1.637
Daktronics Inc.
DAKT
17.30
36.0
42.6
n/a
Darden Restaurants
DRI
53.81
29.1
5.6 1.020
DCP Midstream Partners LP
DPM
44.80
32.5
8.2
n/a
Deere & Company
DE
99.80
29.9
21.3 1.366
Delta Natural Gas
DGAS
33.99
13.1
4.2 1.448
DeVry Inc.
DV
66.85
71.0
7.0
n/a
Digital Realty Trust
DLR
64.25
29.1
4.7
n/a
Dominion Resources
D
50.45
17.8
4.0 1.807
Donegal Group Inc. A
DGICA
16.12
11.5
25.4
n/a
Donegal Group Inc. B
DGICB
23.73
54.6
9.4 1.413
DPL Inc.
DPL
30.52
21.8
0.9 1.853
Duke Energy Corp.
DUK
19.50
11.0
4.6 1.730
Dun & Bradstreet Corp.
DNB
87.08
11.0
16.7
n/a
Duncan Energy Partners LPDEP
44.94
55.0
6.9
n/a
Eagle Financial Services EFSI
18.01
3.5
9.5
n/a
Ecology & Environment Inc.EEI
22.84
49.8
25.6 1.667
Edison International
EIX
40.15
16.5
5.2 3.709
Empresa Nacional de Electricidad
EOC SA 58.42
9.8
8.2 0.923
Enbridge Energy Partners LP
EEP
34.58
17.1
14.7 1.239
Energy Transfer Equity LP ETE
47.34
26.7
12.7
n/a
Enterprise Bancorp Inc.
EBTC
19.83
53.0
19.4
n/a
Epoch Holding Corp.
EPHC
20.14 108.6
3.7
n/a
Equity LifeStyle Properties ELS
68.44
31.6
4.8
n/a
EV Energy Partners LP
EVEP
66.40 122.5
6.2
n/a
Exterran Partners LP
EXLP
31.35
14.2
24.4
n/a
Flowserve Corp.
FLS
135.72
13.2
26.8
n/a
G&K Services Inc.
GKSR
36.54
76.7
6.8 2.171
Gap Inc.
GPS
23.73
16.1
18.7 1.251
Gas Natural Inc.
EGAS
12.57
14.5
11.1 16.343
General Mills
GIS
40.00
12.8
6.6 1.558

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
127.6

12.1
5.3
11.5
9.9
13.6
2.5
7.5
8.0
11.4
25.0
15.1
5.3
26.7
0.8
3.6
3.1
25.0
43.7
4.6
3.4
3.8
6.1
3.2
2.9
3.6
1.5
4.9
1.6
45.6
2.2
2.6
5.3
66.7
20.0
0.5
0.3
7.5
17.2
13.2
1.9
16.7

3-yr
42.8
8.5
10.1
11.4
6.8
12.1
11.0
9.2
n/a
22.0
26.7
15.2
12.6
24.6
7.0
8.4
2.6
26.0
19.2
7.8
9.1
10.4
5.2
4.1
11.9
19.4
2.5
7.0
2.8
26.3
2.8
14.0
7.7
100.0

31.7
16.4
10.4
36.3
23.6
6.4
9.9
11.4

5-yr
30.6
n/a
51.6
16.5
7.2
12.3
10.8
13.8
n/a
35.4
23.9
19.1
14.9
36.6
n/a
13.9
2.2
n/a
16.9
6.4
9.4
10.2
4.7
7.4
n/a
n/a
6.7
5.8
4.7
48.2
1.8
n/a
10.8
n/a
68.8
n/a
n/a
n/a
37.2
19.6
82.5
10.4

Amounts in Red indicate no increase during year

10-yr #
22.3
n/a
n/a
3.8
n/a
n/a
45.0
8.0
n/a
5.0
11.3
11.7
n/a
35.8
n/a
10.2
1.6
n/a
n/a
3.6
n/a
7.2
2.6
4.3
n/a
n/a
n/a
3.5
1.3
52.2
1.5
n/a
n/a
n/a
(3.0)
n/a
n/a
n/a
17.1
15.6
5.0
6.7

2010
1.1560
0.7400
0.2000
0.5800
1.5600
0.7950
0.8200
0.8600
1.6200
0.3267
0.8750
0.3500
0.1000
1.1400
2.4200
1.1600
1.3300
0.2000
1.9400
1.8300
0.4575
0.4075
1.2100
0.9700
1.4000
1.7950
0.6900
0.4300
1.2600
1.5380
2.0245
2.1600
0.4000
0.2000
1.2000
3.0260
1.8550
1.1400
0.3400
0.3850
0.5400
1.0500

2009
0.5080
0.6600
0.1900
0.5200
1.4200
0.7000
0.8000
0.8000
1.5000
0.2933
0.7000
0.3040
0.0950
0.9000
2.4000
1.1200
1.2900
0.1600
1.3500
1.7500
0.4425
0.3925
1.1400
0.9400
1.3600
1.7325
0.6800
0.4100
1.2400
1.0560
1.9800
2.1050
0.3800
0.1200
1.0000
3.0100
1.8500
1.0600
0.2900
0.3400
0.5300
0.9000

2008
0.4850
0.6400
0.1800
0.4800
1.3400
0.6250
0.7400
0.7600
1.3150
0.2567
0.6000
0.2580
0.0900
0.7600
2.3600
1.0600
1.2600
0.1200
1.2400
1.5800
0.4050
0.3550
1.1000
0.9000
1.2000
1.6600
0.6700
0.3700
1.2200
0.9290
1.9400
1.9500
0.3600
0.1100
0.7500
2.6700
1.7375
0.9000
0.2400
0.3350
0.4600
0.8250

2007
0.3970
0.5800
0.1500
0.4200
1.2800
0.5650
0.6000
0.6600
0.1680
0.1800
0.4300
0.2290
0.0700
0.5900
1.9750
0.9100
1.2300
0.1000
1.1450
1.4600
0.3525
0.3025
1.0400
0.8600
1.0000
1.0540
0.6400
0.3514
1.1600
0.7640
1.8625
1.4590
0.3200
0.0250
0.5250
1.9200
1.3775
0.4500
0.1800
0.3200
0.4067
0.7600

2006
0.3390
0.1400
0.1400
0.3400
1.2200
0.5050
0.5300
0.5500
0.0000
0.1100
0.3300
0.1560
0.0600
0.4300
1.2300
0.7800
1.2100
0.0000
1.0600
1.3800
0.3225
0.2738
1.0000
0.7322
0.0000
0.0000
0.6000
0.3429
1.0800
0.3280
1.8500
0.6090
0.2800
0.0000
0.2500
0.0000
0.0000
0.0000
0.1150
0.2850
0.2800
0.6900

2005
0.3040
0.0000
0.0250
0.2700
1.1000
0.4450
0.4900
0.4500
0.0000
0.0717
0.3000
0.1460
0.0500
0.2400
0.0000
0.6050
1.1900
0.0000
0.8876
1.3400
0.2925
0.2503
0.9600
0.6799
0.0000
0.0000
0.5000
0.3238
1.0000
0.2150
1.8500
0.0000
0.2400
0.0000
0.0875
0.0000
0.0000
0.0000
0.0700
0.1575
0.0267
0.6400

2004
0.2570
0.0000
0.0000
0.1700
0.9375
0.3000
0.4500
0.4000
0.0000
0.0667
0.3000
0.1340
0.0000
0.0800
0.0000
0.5300
1.1800
0.0000
0.0000
1.3000
0.2644
0.2334
0.9600
0.6392
0.0000
0.0000
0.1100
0.3238
0.8000
0.0730
1.8500
0.0000
0.0000
0.0000
0.0375
0.0000
0.0000
0.0000
0.0700
0.0900
0.0000
0.5850

2003
0.0000
0.0000
0.0000
0.1600
0.0000
0.0000
0.1100
0.4000
0.0000
0.0667
0.3000
0.1160
0.0000
0.0800
0.0000
0.4400
1.1800
0.0000
0.0000
1.2900
0.1238
0.2194
0.9400
0.6392
0.0000
0.0000
0.0000
0.3238
0.0000
0.0080
1.8500
0.0000
0.0000
0.0000
1.9600
0.0000
0.0000
0.0000
0.0700
0.0900
0.0900
0.5500

Challengers

Dividends Paid by Year

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

5-9 Straight Years Higher Dividends

Company
Symbol
Genesis Energy LP
GEL
Greif Inc. A
GEF
H.J.Heinz Co.
HNZ
Hanover Insurance Group (The)
THG
Harris Corp.
HRS
Hasbro Inc.
HAS
Hawkins Inc.
HWKN
Healthcare Services Group HCSG
Inc.
Holly Energy Partners LP HEP
Infinity Property & CasualtyIPCC
Intel Corp.
INTC
International Flavors & Fragrances
IFF
International Speedway Corp.
ISCA
ITC Holdings Corp.
ITC
ITT Corp.
ITT
J&J Snack Foods Corp.
JJSF
JB Hunt Transport ServicesJBHT
Inc.
Kaydon Corp.
KDN
Kellogg Company
K
Knight Transportation Inc. KNX
Kroger Company
KR
L-3 Communications Holdings
LLLInc.
Laclede Group Inc.
LG
Lake Shore Bancorp Inc. LSBK
Landauer Inc.
LDR
Landstar System Inc.
LSTR
Lindsay Corp.
LNN
Lockheed Martin
LMT
Microsoft Corp.
MSFT
MOCON Inc.
MOCO
Monro Muffler Brake Inc. MNRO
MSC Industrial Direct Co. Inc.
MSM
National Healthcare Corp. NHC
National Instruments Corp. NATI
National Interstate Corp. NATL
National Presto Industries NPK
National Research Corp. NRCI
National Semiconductor Corp.
NSM
Natural Resource Partners NRP
LP
NewMarket Corp.
NEU
Nike Inc.
NKE
Nippon Telegraph & Telephone
NTT

(excluding Special/Extra Dividends)


*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

52-week % from % from 5/10


High
Low
High
A/D*
1-yr
29.83
32.7
13.2
n/a
9.2
67.57
11.2
9.6 1.603
5.3
55.00
18.7
4.3 5.402
4.2
48.95
0.4
26.0 2.149 33.3
53.39
-1.3
25.3 1.091 11.9
50.17
2.0
21.1 1.597 18.8
50.18
18.1
31.4 1.577
6.3
18.37
17.1
14.6
n/a 21.1
61.05
17.1
12.5
n/a
5.1
64.60
12.6
21.6
n/a 16.7
23.96
26.9
6.8 0.590 12.5
66.29
40.6
7.7 (1.845)
2.0
32.32
25.2
13.5 2.103 14.3
74.67
26.0
5.9
n/a
4.8
64.00
26.8
16.7 1.772 17.6
55.58
39.7
7.0
n/a 10.3
49.12
41.2
7.9 0.338
9.1
41.71
14.1
14.5 1.684
5.8
57.70
16.7
3.3 1.808
9.1
21.79
7.1
27.8
n/a 21.1
25.85
26.4
3.8
n/a
6.8
88.55
19.7
10.6
n/a 14.3
39.99
14.4
6.9 1.652
2.6
14.00
30.4
26.4
n/a 20.0
69.48
3.8
18.8 1.097
2.4
49.66
27.8
9.7
n/a 11.8
85.87
88.3
26.3 0.836
6.5
82.43
11.9
8.1 1.032 12.8
29.46
17.5
7.0
n/a
5.8
17.67
61.9
4.4 1.052
4.2
38.48
40.5
7.1
n/a 37.0
79.22
39.8
22.0
n/a
5.0
53.08
42.0
10.4
n/a
8.0
33.20
39.0
22.2
n/a
8.3
24.36
27.5
8.0
n/a 14.3
137.00
7.9
25.7 2.569 46.8
36.89
65.1
1.2
n/a 18.8
24.89 108.8
0.7
n/a
6.3
37.80
26.6
17.2
n/a
0.2
190.76
75.9
14.0
n/a 66.7
94.23
32.0
4.3 0.969
9.8
25.18
19.7
1.7 1.713 10.7

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
3-yr
17.0
20.3
6.0
35.7
21.8
16.6
13.9
28.7
5.6
15.9
11.9
5.9
17.0
5.1
21.3
8.1
10.1
12.7
9.1
27.9
10.4
17.0
2.7
22.7
4.2
12.1
6.9
21.6
10.3
6.6
20.1
7.3
11.5
15.2
17.0
29.0
16.6
28.6
5.6
44.2
12.6
23.9

5-yr
19.6
32.0
8.3
32.0
27.4
23.5
12.3
37.2
22.8
18.5
14.5
7.2
21.7
20.1
22.7
11.5
14.9
8.7
8.0
34.0
n/a
26.2
2.7
n/a
4.8
30.6
7.5
20.2
11.4
6.0
40.9
12.8
14.4
21.1
32.0
37.3
18.9
33.6
9.0
n/a
16.1
23.4

Amounts in Red indicate no increase during year

10-yr #
(1.8)
19.9
1.5
14.9
25.1
14.7
7.8
n/a
n/a
n/a
24.6
(3.9)
10.3
n/a
12.8
n/a
44.0
5.2
4.4
n/a
n/a
n/a
1.7
n/a
4.4
n/a
9.0
19.6
n/a
5.7
n/a
n/a
n/a
n/a
n/a
14.5
n/a
n/a
n/a
n/a
16.7
13.6

2010
1.4900
1.6000
1.7400
1.0000
0.9400
0.9500
0.6800
0.5973
3.2800
0.5600
0.6300
1.0200
0.1600
1.3100
1.0000
0.4300
0.4800
0.7300
1.5600
0.2300
0.3900
1.6000
1.5800
0.2400
2.1500
0.1900
0.3300
2.6400
0.5500
0.3750
0.2467
0.8400
1.0800
0.3467
0.3200
8.1500
0.7600
0.3400
2.1600
1.5000
1.1200
0.6918

2009
1.3650
1.5200
1.6700
0.7500
0.8400
0.8000
0.6400
0.4933
3.1200
0.4800
0.5600
1.0000
0.1400
1.2500
0.8500
0.3900
0.4400
0.6900
1.4300
0.1900
0.3650
1.4000
1.5400
0.2000
2.1000
0.1700
0.3100
2.3400
0.5200
0.3600
0.1800
0.8000
1.0000
0.3200
0.2800
5.5500
0.6400
0.3200
2.1550
0.9000
1.0200
0.6248

2008
1.2225
1.3200
1.5900
0.4500
0.7000
0.7600
0.5000
0.3867
2.9600
0.4400
0.5475
0.9400
0.1200
1.1900
0.7000
0.3700
0.4000
0.6200
1.3000
0.1500
0.3450
1.2000
1.5000
0.1900
2.0000
0.1550
0.2900
1.8300
0.4600
0.3300
0.1600
0.7600
0.9000
0.2933
0.2400
4.2500
0.5600
0.2400
2.0200
0.8000
0.9400
0.5055

2007
0.9300
0.9200
1.4600
0.4000
0.5200
0.6000
0.4600
0.2800
2.7850
0.3600
0.4500
0.8600
0.1000
1.1300
0.5600
0.3400
0.3600
0.5100
1.2000
0.1100
0.2900
1.0000
1.4600
0.1300
1.9000
0.1350
0.2700
1.4700
0.4100
0.3100
0.1422
0.6800
0.7800
0.2267
0.2000
3.8000
0.4800
0.1600
1.8350
0.5000
0.7850
0.3640

2006
0.7400
0.6000
1.3000
0.3000
0.3800
0.4200
0.4200
0.2045
2.5850
0.3000
0.4000
0.7400
0.0800
1.0750
0.4400
0.3000
0.3200
0.4800
1.1400
0.0800
0.1950
0.7500
1.4200
0.0300
1.8000
0.1100
0.2500
1.2500
0.3700
0.3000
0.1067
0.5600
0.6600
0.1600
0.1600
2.1200
0.4000
0.1200
1.6115
0.3750
0.6500
0.2869

2005
0.6100
0.4000
1.1700
0.2500
0.2800
0.3300
0.3800
0.1230
1.1750
0.2400
0.3200
0.7200
0.0600
0.5250
0.3600
0.2500
0.2400
0.4800
1.0600
0.0533
0.0000
0.5000
1.3800
0.0000
1.7000
0.0500
0.2300
1.0500
0.3200
0.2800
0.0444
0.4600
0.5500
0.1333
0.0800
1.6700
0.3200
0.0800
1.4010
0.0000
0.5300
0.2420

2004
0.6000
0.3000
1.1100
0.0000
0.2200
0.2100
0.3600
0.0780
0.0000
0.2200
0.1600
0.6700
0.0600
0.0000
0.3400
0.0000
0.0450
0.4800
1.0100
0.0133
0.0000
0.4000
1.3600
0.0000
1.6000
0.0000
0.2100
0.9100
0.1600
0.2600
0.0000
0.3400
0.3750
0.1222
0.0000
1.1700
0.0000
0.0000
1.1880
0.0000
0.4250
0.2411

2003
0.3500
0.2800
1.2500
0.0000
0.1800
0.1200
0.3600
0.0257
0.0000
0.1650
0.0800
0.6200
0.0600
0.0000
0.3200
0.0000
0.0000
0.4800
1.0100
0.0000
0.0000
0.0000
1.3400
0.0000
1.5000
0.0000
0.1700
0.5800
0.2400
0.2550
0.0000
0.1000
0.0000
0.0444
0.0000
0.9200
0.0000
0.0000
1.0035
0.0000
0.3100
0.1970

Challengers

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

5-9 Straight Years Higher Dividends

52-week % from % from


Company
Symbol High
Low
High
Noble Corp.
NE
46.72
22.0
21.1
Northrop Grumman
NOC
72.50
13.1
16.5
NTT DoCoMo Inc.
DCM
19.23
17.0
3.6
NuStar GP Holdings LLC NSH
39.98
27.6
8.7
Occidental Petroleum
OXY
117.89
36.1
16.7
OGE Energy Corp.
OGE
53.50
31.0
6.5
Oil-Dri Corp. of America ODC
23.00
10.5
10.0
Omega Healthcare Investors
OHI
24.46
3.0
19.7
ONEOK Inc.
OKE
76.27
71.1
4.6
ONEOK Partners LP
OKS
44.80
27.4
5.1
Pall Corp.
PLL
59.50
47.0
16.7
PennantPark Investment Corp.
PNNT
13.19
10.5
19.5
Perrigo Company
PRGO
94.61
65.5
4.5
PG&E Corp.
PCG
48.63
0.6
14.8
Pharmaceutical Product Development
PPDI
32.91
26.9
12.4
Portland General Electric Co.
POR
26.05
30.3
4.9
PPL Corp.
PPL
28.73
15.8
2.9
Public Service Enterprise Group
PEG
34.22
8.6
4.3
Qualcomm Inc.
QCOM
59.84
46.3
8.5
Randgold Resources Ltd. GOLD
106.44
29.4
14.7
Raytheon Company
RTN
53.12
4.9
15.8
Regal Beloit Corp.
RBC
76.65
14.2
20.9
Republic Services Inc.
RSG
33.10
4.8
12.3
Reynolds American Inc. RAI
39.87
29.7
11.7
RGC Resources Inc.
RGCO
35.64
10.0
9.7
Ritchie Brothers Auctioneers
RBA
Inc.
31.75
58.1
13.7
Robbins & Myers Inc.
RBN
55.63 115.3
13.3
Robert Half International Inc.
RHI
34.26
29.4
20.1
Rogers Communications Inc.
RCI
40.82
13.5
6.5
Rollins Inc.
ROL
21.60
42.9
11.6
Royal Dutch Shell plc A
RDS-A
77.97
40.8
5.7
Royal Dutch Shell plc B
RDS-B
78.81
45.9
6.5
Ryder System
R
60.38
52.2
6.7
Safeway Inc.
SWY
25.43
7.7
20.7
Sanderson Farms Inc.
SAFM
49.47
21.1
6.6
Sempra Energy
SRE
55.97
3.2
9.4
Senior Housing Properties Trust
SNH
25.28
17.2
5.3
Sensient Technologies Corp.
SXT
39.69
40.3
6.5
Shaw Communications Inc.SJR
23.24
16.8
3.0
Shire plc
SHPGY 105.53
62.7
1.4
Silgan Holdings Inc.
SLGN
46.79
40.4
17.1
Smith & Nephew plc
SNN
60.35
28.4
12.2

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)
**DGR=Dividend Growth Rate

5/10
A/D*
n/a
1.467
n/a
n/a
1.573
2.009
1.441
3.132
0.950
1.285
n/a
n/a
n/a
3.623
n/a
n/a
0.768
1.708
n/a
n/a
0.097
1.765
n/a
1.315
1.232
n/a
2.044
n/a
1.880
1.111
n/a
n/a
1.793
n/a
0.488
2.150
0.517
1.402
1.117
n/a
n/a
2.329

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**
1-yr
68.1
8.9
9.9
5.8
12.2
2.1
6.9
14.2
11.0
3.0
10.3
7.3
13.2
8.2
8.8
3.0
1.4
3.0
10.4
30.8
18.6
3.1
1.3
6.7
3.1
7.9
6.3
8.3
28.6
28.6
1.2
1.2
6.3
20.5
8.8
2.6
1.4
3.9
15.8
16.5
10.5
10.0

3-yr
37.0
7.5
15.8
10.8
16.1
2.2
7.4
8.3
9.1
3.9
10.1
42.0
11.7
8.2
48.8
3.8
4.7
5.4
11.1
19.3
12.6
4.4
16.3
4.8
2.7
11.0
9.4
9.1
58.1
21.6
6.1
6.1
6.7
20.1
7.4
8.2
1.7
5.1
16.3
16.1
9.5
10.2

5-yr
43.9
12.7
19.8
n/a
17.9
1.7
11.5
10.0
10.8
6.9
9.9
n/a
9.6
14.7
90.4
n/a
7.8
4.1
16.8
n/a
10.8
5.7
18.2
11.9
2.3
16.2
9.1
13.2
88.9
22.0
24.8
24.8
9.8
34.5
8.1
6.9
2.5
5.7
47.2
15.1
16.0
10.3

Amounts in Red indicate no increase during year

10-yr #
n/a
8.7
n/a
n/a
11.4
0.9
8.0
3.2
11.4
5.3
(0.3)
n/a
n/a
4.1
n/a
n/a
10.2
2.4
n/a
n/a
111.5

3.2
n/a
9.0
1.8
n/a
4.4
n/a
47.3
19.8
n/a
n/a
5.4
n/a
16.6
3.2
4.9
4.0
42.3
n/a
n/a
4.4

2010
0.3086
1.8400
0.5945
1.8250
1.4700
1.4500
0.6200
1.3700
1.8200
2.2300
0.6400
1.0300
0.2575
1.7850
0.5919
1.0300
1.4000
1.3700
0.7400
0.1700
1.4350
0.6600
0.7700
1.8400
1.3200
0.4100
0.1700
0.5200
1.2040
0.2400
3.3600
3.3600
1.0200
0.4400
0.6200
1.5600
1.4500
0.7900
0.8510
0.3460
0.4200
0.7470

2009
0.1836
1.6900
0.5408
1.7250
1.3100
1.4200
0.5800
1.2000
1.6400
2.1650
0.5800
0.9600
0.2275
1.6500
0.5439
1.0000
1.3800
1.3300
0.6700
0.1300
1.2100
0.6400
0.7600
1.7250
1.2800
0.3800
0.1600
0.4800
0.9360
0.1867
3.3200
3.3200
0.9600
0.3650
0.5700
1.5200
1.4300
0.7600
0.7350
0.2970
0.3800
0.6790

2008
0.1600
1.5700
0.4688
1.5100
1.2100
1.3900
0.5400
1.1900
1.5600
2.1025
0.5100
0.9000
0.2050
1.5300
0.4021
0.9600
1.3400
1.2900
0.6200
0.1200
1.0950
0.6200
0.7000
1.7000
1.2500
0.3400
0.1500
0.4400
0.8490
0.1680
3.1200
3.1200
0.9200
0.3030
0.5600
1.3300
1.4000
0.7400
0.6460
0.2580
0.3400
0.6170

2007
0.1200
1.4800
0.3832
1.3400
0.9400
1.3600
0.5000
1.0800
1.4000
1.9900
0.4800
0.3600
0.1850
1.4100
0.1797
0.9200
1.2200
1.1700
0.5400
0.1000
1.0050
0.5800
0.4900
1.6000
1.2200
0.3000
0.1300
0.4000
0.3045
0.1333
2.8100
2.8100
0.8400
0.2540
0.5000
1.2300
1.3800
0.6800
0.5405
0.2210
0.3200
0.5580

2006
0.0800
1.1600
0.3176
0.2570
0.8000
1.3300
0.4320
0.9600
1.2200
1.8000
0.4400
0.0000
0.1725
1.3200
0.0993
0.4500
1.1000
1.1400
0.4500
0.0000
0.9400
0.5400
0.3867
1.3750
1.2000
0.2600
0.1100
0.3200
0.0710
0.1120
2.4473
2.4473
0.7200
0.2160
0.4800
1.1900
1.3200
0.6100
0.2575
0.1910
0.2400
0.5100

2005
0.0500
1.0100
0.2409
0.0000
0.6450
1.3300
0.3600
0.8500
1.0900
1.6000
0.4000
0.0000
0.1625
0.9000
0.0237
0.0000
0.9600
1.1200
0.3400
0.0000
0.8600
0.5000
0.3333
1.0500
1.1800
0.1933
0.1100
0.2800
0.0500
0.0889
1.1094
1.1094
0.6400
0.1000
0.4200
1.1200
1.2800
0.6000
0.1230
0.1710
0.2000
0.4580

2004
0.0000
0.8900
0.1747
0.0000
0.5500
1.3300
0.3280
0.7200
0.8800
1.6000
0.3600
0.0000
0.1450
0.0000
0.0000
0.0000
0.8200
1.1000
0.2250
0.0000
0.8000
0.4800
0.2000
0.9500
1.1700
0.1233
0.1100
0.1800
0.0500
0.0711
0.0000
0.0000
0.6000
0.0000
0.3200
1.0000
1.2600
0.6000
0.1100
0.0550
0.1125
0.4610

2003
0.0000
0.8000
0.0830
0.0000
0.5200
1.3300
0.2960
0.1500
0.6900
1.6000
0.3600
0.0000
0.1100
0.0000
0.0000
0.0000
0.7700
1.0800
0.1200
0.0000
0.8000
0.4800
0.0400
0.9500
1.1400
0.0500
0.1100
0.0000
0.0250
0.0592
0.0000
0.0000
0.6000
0.0000
0.2733
1.0000
1.2400
0.5900
0.0550
0.0000
0.0000
0.4205

Challengers

Dividends Paid by Year


(excluding Special/Extra Dividends)
*A/D=Acceleration/Deceleration (5-year average increase divided by 10-year average increase)

are; TTM=Trailing
(and American
Twelve
Depository
Months; MRQ=Most
Receipts) Recent Quarter

5-9 Straight Years Higher Dividends

Company
Symbol
Somerset Hills Bancorp
SOMH
Southwest Gas Corp.
SWX
Spectra Energy Partners LPSEP
Steris Corp.
STE
StoneMor Partners LP
STON
Strayer Education Inc.
STRA
Suncor Energy Inc.
SU
Targa Resources Partners LP
NGLS
TECO Energy Inc.
TE
Teekay LNG Partners LP TGP
Teekay Offshore Partners LP
TOO
Telefonica S.A.
TEF
Texas Instruments
TXN
Texas Pacific Land Trust TPL
Textainer Group Holdings Ltd.
TGH
Tiffany & Company
TIF
Tim Hortons Inc.
THI
Torchmark Corp.
TMK
Tower Group Inc.
TWGP
TransAlta Corp.
TAC
Transmontaigne Partners LP
TLP
Travelers Companies
TRV
Union Pacific
UNP
United Community BancorpUCBA
Verizon Communications VZ
VSE Corp.
VSEC
Waste Management
WM
Westar Energy
WR
Westlake Chemical Corp. WLK
Williams Companies
WMB
Williams Partners LP
WPZ
Williams-Sonoma Inc.
WSM
Wisconsin Energy
WEC
Xcel Energy
XEL
Xilinx Inc.
XLNX
Yum! Brands Inc.
YUM
Averages:
204

**DGR=Dividend Growth Rate

52-week % from % from 5/10


High
Low
High
A/D*
1-yr
10.18
6.5
19.0
n/a
7.7
40.59
23.8
8.1 2.019
5.3
36.31
0.3
18.1
n/a 12.6
38.00
24.7
7.9
n/a 26.8
33.51
28.9
16.2
n/a
0.5
241.76
7.4
49.7 1.324 44.4
48.53
31.1
21.2 1.827 42.2
36.40
39.1
5.4
n/a
1.4
19.66
16.1
5.7 (0.294)
1.9
41.50
19.7
12.0
n/a
3.9
31.50
46.4
9.2
n/a
4.2
27.61
5.2
19.2
n/a 24.9
36.71
29.6
19.0 1.885
8.9
49.54
72.8
9.3
n/a
5.3
37.87
9.3
31.5
n/a
7.6
84.49 101.9
5.8 1.270 27.9
51.04
43.0
6.1
n/a 39.4
45.37
28.1
11.0 1.247
8.9
27.86
9.7
17.9
n/a 50.0
22.51
14.6
1.6
n/a
8.1
40.69
13.6
14.4
n/a
1.3
64.17
13.8
14.1 3.387 14.6
107.89
45.7
5.0 1.281 11.1
8.13
-2.3
33.0
n/a 10.3
38.95
23.3
9.4 1.659
3.1
39.93
0.3
47.3 1.352 15.8
39.69
-2.3
20.7 0.153
8.6
27.98
11.1
7.8 (4.243)
3.3
67.77 114.3
23.6
n/a 10.0
33.47
78.9
5.3 (6.732) 10.2
56.61
35.0
1.4
n/a
4.4
45.48
50.7
18.6
n/a 14.6
32.05
14.0
4.4 8.121 18.5
25.39
12.1
5.5 (1.223)
3.1
37.23
34.0
13.8
n/a 10.3
57.75
30.4
8.5
n/a 12.8
50.67
29.9
12.4 1.507 10.1

# 2010 excludes amount normally paid in Jan. 2011 but accelerated into Dec. 2010; to be included In 201

DGR**

Amounts in Red indicate no increase during year

3-yr
15.6
5.1
78.3
33.2
3.2
35.3
29.0
35.5
1.7
6.1
18.2
24.2
17.8
7.7
70.4
22.8
24.0
5.5
46.1
6.0
7.9
7.7
21.1
11.5
5.2
13.6
9.5
4.7
10.4
7.5
9.1
7.3
17.0
3.2
12.5
18.8
12.8

5-yr
44.9
3.8
n/a
34.1
3.3
39.1
29.7
n/a
1.4
29.6
n/a
23.4
36.1
n/a
n/a
25.5
n/a
6.8
31.3
5.0
34.2
9.2
14.9
n/a
3.6
14.9
9.5
6.2
20.1
14.2
78.0
n/a
12.7
3.3
19.7
32.6
19.4

10-yr #
n/a
1.9
n/a
n/a
n/a
29.5
16.3
n/a
(4.8)
n/a
n/a
n/a
19.1
9.6
n/a
20.0
n/a
5.4
n/a
n/a
n/a
2.7
11.6
n/a
2.2
11.0
62.2
(1.4)
n/a
(2.1)
n/a
n/a
1.6
(2.7)
n/a
n/a
12.8

2010
0.2052
0.9875
1.7000
0.5200
2.2300
3.2500
0.3840
2.1000
0.8150
2.3700
1.8750
1.7511
0.4900
0.2000
0.9900
0.8700
0.4990
0.4067
0.3900
1.1180
2.3900
1.4100
1.2000
0.4300
1.9125
0.2200
1.2600
1.2400
0.2420
0.4850
2.6525
0.5500
0.8000
0.9950
0.6400
0.8800
1.1115

2009
0.1905
0.9375
1.5100
0.4100
2.2200
2.2500
0.2700
2.0700
0.8000
2.2800
1.8000
1.4020
0.4500
0.1900
0.9200
0.6800
0.3580
0.3733
0.2600
1.0340
2.3600
1.2300
1.0800
0.3900
1.8550
0.1900
1.1600
1.2000
0.2200
0.4400
2.5400
0.4800
0.6750
0.9650
0.5800
0.7800
1.0096

2008
0.1772
0.8900
1.3400
0.2800
2.1200
1.6250
0.1880
1.8450
0.7950
2.1800
1.6500
1.2654
0.4100
0.1800
0.8900
0.6400
0.3540
0.3667
0.2000
1.0120
2.2600
1.1900
0.9300
0.3500
1.7500
0.1700
1.0800
1.1600
0.2050
0.4300
2.4350
0.4750
0.5400
0.9350
0.5400
0.6800
0.9204

2007
0.1330
0.8500
0.3000
0.2200
2.0300
1.3125
0.1790
0.8440
0.7750
1.9850
1.1350
0.9149
0.3000
0.1600
0.2000
0.4700
0.2620
0.3467
0.1250
0.9390
1.9000
1.1300
0.6750
0.3100
1.6450
0.1500
0.9600
1.0800
0.1800
0.3900
2.0450
0.4450
0.5000
0.9050
0.4500
0.5250
0.7745

2006
0.0933
0.8200
0.0000
0.1700
1.9250
1.0625
0.1330
0.0000
0.7600
1.8000
0.0000
0.6884
0.1300
0.1300
0.0000
0.3600
0.1250
0.3200
0.1000
0.8870
1.6900
1.0100
0.6000
0.2100
1.6200
0.1300
0.8800
1.0000
0.1350
0.3450
1.6050
0.3000
0.4600
0.8750
0.3400
0.2650
0.6077

2005
0.0321
0.8200
0.0000
0.1200
1.9000
0.6250
0.1045
0.0000
0.7600
0.6485
0.0000
0.6110
0.1050
0.0000
0.0000
0.2800
0.0000
0.2933
0.1000
0.8760
0.5500
0.9100
0.6000
0.0000
1.6000
0.1100
0.8000
0.9200
0.0970
0.2500
0.1484
0.0000
0.4400
0.8450
0.2600
0.2150
0.4588

2004
0.0000
0.8200
0.0000
0.0000
0.0000
0.3200
0.1065
0.0000
0.7600
0.0000
0.0000
0.4765
0.0890
0.1000
0.0000
0.2200
0.0000
0.2933
0.0250
0.9400
0.0000
0.8700
0.6000
0.0000
1.5400
0.0900
0.7500
0.7600
0.0200
0.0800
0.0000
0.0000
0.4150
0.7900
0.1500
0.1000
0.3543

2003
0.0000
0.8300
0.0000
0.0000
0.0000
0.2600
0.0965
0.0000
0.9250
0.0000
0.0000
0.3816
0.0850
0.0800
0.0000
0.1800
0.0000
0.2533
0.0000
1.0000
0.0000
1.1600
0.4600
0.0000
1.5400
0.0800
0.0100
0.8700
0.0000
0.0400
0.0000
0.0000
0.4000
0.7500
0.0000
0.0000
0.3108

Averages for

351

51.51

27.8

12.5

1.235

8.7

10.7

14.3

11.6

1.1407

1.0498

0.9691

0.8418

0.7048

0.5835

0.4909

0.4396

Averages for

451

52.33

26.8

12.3

1.218

7.8

10.0

12.8

10.5

1.1533

1.0694

0.9915

0.8672

0.7417

0.6306

0.5444

0.4913

Challengers

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.5-9
2011
Straight
but accelerated
Years Higher
intoDividends
Dec. 2010; to be included In 2011

Company
Symbol 2002
Aaron's Inc.
AAN
0.0119
Accenture plc
ACN
0.0000
Acme United Corp.
ACU
0.0000
AGL Resources
AGL
1.0800
Airgas Inc.
ARG
0.0000
Alliance Financial Corp.
ALNC
0.7800
Alliance Holdings GP LP AHGP
0.0000
Alliance Resource PartnersARLP
LP
1.0000
Alliant Energy Corp.
LNT
2.0000
Allied World Assurance Co.AWH
Holdings 0.0000
Ltd.
Altera Corp.
ALTR
0.0000
American Financial Group Inc.
AFG
0.3333
American Greetings
AM
0.0000
AmeriGas Partners LP
APU
2.2000
Ameriprise Financial Inc. AMP
0.0000
AmerisourceBergen Corp. ABC
0.0250
AmTrust Financial ServicesAFSI
Inc.
0.0000
Analog Devices Inc.
ADI
0.0000
Andersons Inc. (The)
ANDE
0.1300
Arch Coal Inc.
ACI
0.1160
Assurant Inc.
AIZ
0.0000
Astrazeneca plc
AZN
0.7780
Astro-Med Inc.
ALOT
0.1164
Atrion Corp.
ATRI
0.0000
Avista Corp.
AVA
0.4800
Axis Capital Holdings Ltd. AXS
0.0000
Bank of Marin Bancorp
BMRC
0.0000
Bar Harbor Bankshares
BHB
0.7600
Best Buy Corp.
BBY
0.0000
BHP Billiton Ltd.
BHP
0.2600
BHP Billiton plc
BBL
0.0000
Birner Dental Management BDMS
Svcs
0.0000
Boardwalk Pipeline Partners
BWP
LP
0.0000
Bob Evans Farms
BOBE
0.4200
BOK Financial Corp.
BOKF
0.0000
Campbell Soup Co.
CPB
0.6300
Cass Information Systems Inc.
CASS
0.2870
CenterPoint Energy
CNP
1.0700
Chesapeake Utilities
CPK
1.1000
Cheviot Financial Corp.
CHEV
0.0000
China Mobile Limited
CHL
0.0000
CNOOC Ltd.
CEO
0.6420

2001
0.0119
0.0000
0.0000
1.0800
0.0000
0.7400
0.0000
1.0000
2.0000
0.0000
0.0000
0.6667
0.4000
2.2000
0.0000
0.0063
0.0000
0.0000
0.1300
0.1160
0.0000
0.7780
0.1164
0.0000
0.4800
0.0000
0.0000
0.7600
0.0000
0.2607
0.0000
0.0000
0.0000
0.3700
0.0000
0.8325
0.2798
1.5000
1.0900
0.0000
0.0000
0.2400

2000
0.0119
0.0000
0.0000
1.0800
0.0000
0.6833
0.0000
1.0000
2.0000
0.0000
0.0000
0.6667
0.8200
2.2000
0.0000
0.0000
0.0000
0.0000
0.1200
0.1160
0.0000
0.7780
0.1164
0.0000
0.4800
0.0000
0.0000
0.7600
0.0000
0.4208
0.0000
0.0000
0.0000
0.3600
0.0000
0.9000
0.2798
1.5000
1.0600
0.0000
0.0000
0.0000

1999
0.0119
0.0000
0.0000
1.0800
0.0000
0.3343
0.0000
0.1150
2.0000
0.0000
0.0000
0.6667
0.7800
2.2000
0.0000
0.0000
0.0000
0.0000
0.1000
0.2300
0.0000
0.6060
0.1164
0.0000
0.4800
0.0000
0.0000
0.7200
0.0000
0.3123
0.0000
0.0000
0.0000
0.3600
0.0000
0.9000
0.2554
1.5000
1.0200
0.0000
0.0000
0.0000

2010 2009 2008


vs.
vs.
vs.
2009 2008 2007
6.5
6.1
6.6
10.0
50.0
19.0
5.0
17.6
13.3
2.3
2.4
2.4
34.3
34.6
52.9
7.5
8.2
11.4
12.8
27.9
27.9
8.6
16.6
15.0
5.3
7.1
10.2
8.1
2.8
14.3
10.0
5.3
58.3
10.6
4.0
25.0
12.5
4.3
21.1
5.1
4.7
5.0
4.4
3.0
17.9
41.7
47.7
44.4
22.7
29.4
88.9
7.5
2.6
8.3
2.9
6.9
47.7
8.3
5.9
25.9
6.8
9.3
17.4
15.3
10.0
8.6
16.7
4.3
15.0
18.2
22.2
22.7
23.5
17.4
16.0
5.0
8.1
12.1
7.0
1.8
9.8
0.5
2.0
6.8
1.8
5.7
23.3
6.1
17.1
48.9
6.1
17.1
48.9
13.2
3.0
13.8
4.1
4.3
7.8
15.2
13.8
3.6
4.8
8.0
16.7
10.0
9.9
11.0
9.4
8.2
12.3
2.6
4.1
7.4
4.0
3.3
2.6
10.0
11.1
12.5
4.3
10.0
43.5
2.2
8.7
37.3

2007
vs.
2006
7.1
20.0
25.0
10.8
25.9
1.1
139.5
14.6
10.4
320.0
0.0
8.7
18.8
4.8
27.3
80.0
0.0
20.0
23.9
22.7
21.1
24.1
11.1
18.9
4.4
10.0
12.0
5.5
26.5
30.6
30.6
18.4
31.5
7.7
36.4
10.8
9.1
13.3
1.7
14.3
36.3
22.1

2006
vs.
2005
5.5
16.7
20.0
13.8
20.0
3.6
0.0
21.9
9.5
0.0
0.0
10.4
6.7
3.1
300.0
100.0
0.0
66.7
7.6
37.5
22.6
37.6
40.6
19.4
4.6
4.3
139.0
7.7
13.3
28.6
28.6
45.2
0.0
8.3
83.3
7.2
13.8
100.0
1.8
16.7
0.0
69.6

2005
vs.
2004
37.2
0.0
150.0
13.0
28.6
0.0
0.0
26.6
3.7
0.0
0.0
0.0
400.0
1.4
0.0
25.0
0.0
63.6
6.5
7.4
47.6
22.8
4.8
19.2
5.8
29.2
0.0
5.0
9.7
55.6
55.6
200.0
0.0
0.0
0.0
7.4
3.6
0.0
1.8
20.0
0.0
0.0

2004 2003
vs.
vs.
2003 2002
77.0
25.0
0.0
0.0
0.0
0.0
3.6
2.8
45.8
0.0
1.2
6.4
0.0
0.0
18.5
5.0
1.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
450.0
0.0
6.9
11.5
28.4
0.0
0.0
0.0
7.5
0.0
5.0
0.0
116.7
0.0
5.1
2.1
535.7
0.0
0.0
0.0
5.3
0.0
36.7
0.0
16.1
19.2
125.0
0.0
0.0
0.0
0.0
0.0
4.3
9.5
0.0
0.0
2.0
0.0
10.0
7.5
0.0
0.0
0.9
0.0
0.0
0.0
0.0
0.0
13.0 147.7

2002 2001
vs.
vs.
2001 2000
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.4
8.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
300.0
0.0
0.0
0.0
0.0
0.0
0.0
8.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
13.5
2.8
0.0
0.0
0.0
0.0
2.6
0.0
0.0
0.0
0.9
2.8
0.0
0.0
0.0
0.0
167.5
0.0

2000 Mean
vs.
(simple Standard
1999 average) Deviation
0.0
15.5
22.3
0.0
10.5
14.8
0.0
21.0
41.8
0.0
4.7
5.0
0.0
22.0
18.7
104.4
14.3
28.7
0.0
18.9
39.6
769.6
81.5
217.7
0.0
4.3
4.2
0.0
31.4
91.4
0.0
6.7
16.6
0.0
5.3
7.5
5.1
42.6
113.3
0.0
2.2
2.2
0.0
32.1
85.2
0.0
58.1
83.1
0.0
12.8
26.1
0.0
56.2
126.8
20.0
12.9
12.9
0.0
12.4
13.1
0.0
11.3
14.3
28.4
14.0
12.1
0.0
8.9
11.6
0.0
21.6
31.5
0.0
7.2
7.7
0.0
55.0
152.2
0.0
15.4
39.3
5.6
3.5
2.9
0.0
10.6
12.3
34.7
23.4
17.6
0.0
28.4
36.1
0.0
26.7
56.3
0.0
4.3
9.0
0.0
7.2
5.2
0.0
13.6
24.5
0.0
5.3
4.6
9.6
7.8
4.0
0.0
11.6
28.3
3.9
2.2
1.2
0.0
7.7
7.5
0.0
8.6
15.2
0.0
42.6
57.9

Challengers

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.5-9
2011
Straight
but accelerated
Years Higher
intoDividends
Dec. 2010; to be included In 2011

Company
Symbol 2002
Coca-Cola FEMSA S.A.B. de
KOF
C.V. 0.4250
Columbia Sportswear Co. COLM
0.0000
Comfort Systems USA Inc. FIX
0.0000
Communications Systems Inc.
JCS
0.0000
Compass Minerals International
CMP
0.0000
Costco Wholesale
COST
0.0000
Cracker Barrel Old CountryCBRL
0.0200
Crane Company
CR
0.4000
Crestwood Midstream Partners
CMLP
LP 0.0000
CSX Corp.
CSX
0.0667
Cummins Inc.
CMI
0.3000
CVS Caremark
CVS
0.1160
Daktronics Inc.
DAKT
0.0000
Darden Restaurants
DRI
0.0667
DCP Midstream Partners LP
DPM
0.0000
Deere & Company
DE
0.4400
Delta Natural Gas
DGAS
1.1700
DeVry Inc.
DV
0.0000
Digital Realty Trust
DLR
0.0000
Dominion Resources
D
1.2900
Donegal Group Inc. A
DGICA 0.0000
Donegal Group Inc. B
DGICB 0.2025
DPL Inc.
DPL
0.9400
Duke Energy Corp.
DUK
0.6392
Dun & Bradstreet Corp.
DNB
0.0000
Duncan Energy Partners LPDEP
0.0000
Eagle Financial Services EFSI
0.0000
Ecology & Environment Inc.EEI
0.3048
Edison International
EIX
0.0000
Empresa Nacional de Electricidad
EOC SA0.0400
Enbridge Energy Partners LP
EEP
1.8000
Energy Transfer Equity LP ETE
0.0000
Enterprise Bancorp Inc.
EBTC
0.0000
Epoch Holding Corp.
EPHC
0.0000
Equity LifeStyle Properties ELS
1.8700
EV Energy Partners LP
EVEP
0.0000
Exterran Partners LP
EXLP
0.0000
Flowserve Corp.
FLS
0.0000
G&K Services Inc.
GKSR
0.0700
Gap Inc.
GPS
0.0900
Gas Natural Inc.
EGAS
0.3567
General Mills
GIS
0.5500

2001
0.2120
0.0000
0.0000
0.3000
0.0000
0.0000
0.0200
0.4000
0.0000
0.1333
0.3000
0.1160
0.0000
0.0533
0.0000
0.4400
1.1500
0.0000
0.0000
1.2900
0.0000
0.2025
0.9400
0.6392
0.0000
0.0000
0.0000
0.3048
0.0000
0.0480
1.7500
0.0000
0.0000
0.0000
1.7500
0.0000
0.0000
0.0000
0.0700
0.0900
0.3434
0.5500

2000
0.1540
0.0000
0.0000
0.4000
0.0000
0.0000
0.0200
0.4000
0.0000
0.2000
0.3000
0.1160
0.0000
0.0533
0.0000
0.4400
1.1400
0.0000
0.0000
1.2900
0.0000
0.2025
0.9400
0.6392
0.2775
0.0000
0.0000
0.3048
1.1100
0.0230
1.7500
0.0000
0.0000
0.0000
1.6225
0.0000
0.0000
0.0000
0.0700
0.0900
0.3300
0.5500

1999
0.1220
0.0000
0.0000
0.4000
0.0000
0.0000
0.0200
0.4000
0.0000
0.2000
0.2813
0.1160
0.0000
0.0533
0.0000
0.4400
1.1400
0.0000
0.0000
1.2900
0.0000
0.1997
0.9400
0.6392
0.3700
0.0000
0.0000
0.3048
1.0700
0.1270
1.7425
0.0000
0.0000
0.0000
1.5180
0.0000
0.0000
0.0000
0.0700
0.0810
0.3167
0.5500

2010 2009
vs.
vs.
2009 2008
127.6
4.7
12.1
3.1
5.3
5.6
11.5
8.3
9.9
6.0
13.6
12.0
2.5
8.1
7.5
5.3
8.0
14.1
11.4
14.3
25.0
16.7
15.1
17.8
5.3
5.6
26.7
18.4
0.8
1.7
3.6
5.7
3.1
2.4
25.0
33.3
43.7
8.9
4.6
10.8
3.4
9.3
3.8
10.6
6.1
3.6
3.2
4.4
2.9
13.3
3.6
4.4
1.5
1.5
4.9
10.8
1.6
1.6
45.6
13.7
2.2
2.1
2.6
7.9
5.3
5.6
66.7
9.1
20.0
33.3
0.5
12.7
0.3
6.5
7.5
17.8
17.2
20.8
13.2
1.5
1.9
15.2
16.7
9.1

2008
vs.
2007
22.2
10.3
20.0
14.3
4.7
10.6
23.3
15.2
682.7
42.6
39.5
12.7
28.6
28.8
19.5
16.5
2.4
20.0
8.3
8.2
14.9
17.4
5.8
4.7
20.0
57.5
4.7
5.3
5.2
21.6
4.2
33.7
12.5
340.0
42.9
39.1
26.1
100.0
33.3
4.7
13.1
8.6

2007
vs.
2006
17.1
314.3
7.1
23.5
4.9
11.9
13.2
20.0
0.0
63.6
30.3
46.8
16.7
37.2
60.6
16.7
1.7
0.0
8.0
5.8
9.3
10.5
4.0
17.5
0.0
0.0
6.7
2.5
7.4
132.9
0.7
139.6
14.3
0.0
110.0
0.0
0.0
0.0
56.5
12.3
45.2
10.1

2006
vs.
2005
11.5
0.0
460.0
25.9
10.9
13.5
8.2
22.2
0.0
53.5
10.0
6.8
20.0
79.2
0.0
28.9
1.7
0.0
19.4
3.0
10.3
9.4
4.2
7.7
0.0
0.0
20.0
5.9
8.0
52.6
0.0
0.0
16.7
0.0
185.7
0.0
0.0
0.0
64.3
81.0
949.9
7.8

2005
vs.
2004
18.3
0.0
0.0
58.8
17.3
48.3
8.9
12.5
0.0
7.5
0.0
9.0
0.0
200.0
0.0
14.2
0.8
0.0
0.0
3.1
10.6
7.2
0.0
6.4
0.0
0.0
354.5
0.0
25.0
194.5
0.0
0.0
0.0
0.0
133.3
0.0
0.0
0.0
0.0
75.0
0.0
9.4

2004 2003 2002 2001 2000 Mean


vs.
vs.
vs.
vs.
vs.
(simple Standard
2003 2002 2001 2000 1999 average) Deviation
0.0
0.0 100.5
37.7
26.2
33.2
40.0
0.0
0.0
0.0
0.0
0.0
30.9
89.7
0.0
0.0
0.0
0.0
0.0
45.3
131.3
6.3
0.0
0.0
0.0
0.0
13.5
16.8
0.0
0.0
0.0
0.0
0.0
4.9
5.5
0.0
0.0
0.0
0.0
0.0
10.0
13.5
309.1 450.0
0.0
0.0
0.0
74.8
146.9
0.0
0.0
0.0
0.0
0.0
7.5
8.2
0.0
0.0
0.0
0.0
0.0
64.1
195.7
0.0
0.0
0.0
0.0
0.0
17.5
22.8
0.0
0.0
0.0
0.0
6.7
11.7
13.6
15.5
0.0
0.0
0.0
0.0
11.2
13.0
0.0
0.0
0.0
0.0
0.0
6.9
9.7
0.0
19.9
25.1
0.0
0.0
39.6
55.0
0.0
0.0
0.0
0.0
0.0
7.5
17.7
20.5
0.0
0.0
0.0
0.0
9.6
9.7
0.0
0.9
1.7
0.9
0.0
1.4
1.0
0.0
0.0
0.0
0.0
0.0
7.1
12.0
0.0
0.0
0.0
0.0
0.0
8.0
12.8
0.8
0.0
0.0
0.0
0.0
3.3
3.5
113.6
0.0
0.0
0.0
0.0
15.6
31.4
6.4
8.3
0.0
0.0
1.4
6.8
5.0
2.1
0.0
0.0
0.0
0.0
2.3
2.4
0.0
0.0
0.0
0.0
0.0
4.0
5.1
0.0
0.0
0.0
0.0
0.0
3.3
6.5
0.0
0.0
0.0
0.0
0.0
6.0
16.4
0.0
0.0
0.0
0.0
0.0
35.4
101.1
0.0
6.2
0.0
0.0
0.0
3.2
3.5
0.0
0.0
0.0
0.0
3.7
4.8
7.0
812.5
0.0
0.0 108.7
0.0
125.6
225.5
0.0
2.8
2.9
0.0
0.4
1.4
1.4
0.0
0.0
0.0
0.0
0.0
16.7
40.0
0.0
0.0
0.0
0.0
0.0
4.9
6.2
0.0
0.0
0.0
0.0
0.0
37.8
97.4
0.0
4.8
6.9
7.9
6.9
50.2
60.5
0.0
0.0
0.0
0.0
0.0
4.8
11.4
0.0
0.0
0.0
0.0
0.0
3.0
7.5
0.0
0.0
0.0
0.0
0.0
11.4
28.5
0.0
0.0
0.0
0.0
0.0
17.5
23.0
0.0
0.0
0.0
0.0
11.1
18.1
28.7
0.0
0.0
3.9
4.1
4.2
94.3
270.8
6.4
0.0
0.0
0.0
0.0
6.2
5.3

Challengers

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.5-9
2011
Straight
but accelerated
Years Higher
intoDividends
Dec. 2010; to be included In 2011

Company
Symbol
Genesis Energy LP
GEL
Greif Inc. A
GEF
H.J.Heinz Co.
HNZ
Hanover Insurance Group (The)
THG
Harris Corp.
HRS
Hasbro Inc.
HAS
Hawkins Inc.
HWKN
Healthcare Services Group HCSG
Inc.
Holly Energy Partners LP HEP
Infinity Property & CasualtyIPCC
Intel Corp.
INTC
International Flavors & Fragrances
IFF
International Speedway Corp.
ISCA
ITC Holdings Corp.
ITC
ITT Corp.
ITT
J&J Snack Foods Corp.
JJSF
JB Hunt Transport ServicesJBHT
Inc.
Kaydon Corp.
KDN
Kellogg Company
K
Knight Transportation Inc. KNX
Kroger Company
KR
L-3 Communications Holdings
LLLInc.
Laclede Group Inc.
LG
Lake Shore Bancorp Inc. LSBK
Landauer Inc.
LDR
Landstar System Inc.
LSTR
Lindsay Corp.
LNN
Lockheed Martin
LMT
Microsoft Corp.
MSFT
MOCON Inc.
MOCO
Monro Muffler Brake Inc. MNRO
MSC Industrial Direct Co. Inc.
MSM
National Healthcare Corp. NHC
National Instruments Corp. NATI
National Interstate Corp. NATL
National Presto Industries NPK
National Research Corp. NRCI
National Semiconductor Corp.
NSM
Natural Resource Partners NRP
LP
NewMarket Corp.
NEU
Nike Inc.
NKE
Nippon Telegraph & Telephone
NTT

2002
0.8000
0.2800
1.6200
0.0000
0.1300
0.1200
0.3000
0.0000
0.0000
0.0000
0.0800
0.6000
0.0600
0.0000
0.3000
0.0000
0.0000
0.4800
1.0100
0.0000
0.0000
0.0000
1.3400
0.0000
1.4000
0.0000
0.1400
0.4400
0.0000
0.2400
0.0000
0.0000
0.0000
0.0000
0.0000
0.9200
0.0000
0.0000
0.0000
0.0000
0.2500
0.1747

2001
0.8000
0.2700
1.5825
0.2500
0.1000
0.1200
0.3000
0.0000
0.0000
0.0000
0.0800
0.6000
0.0600
0.0000
0.3000
0.0000
0.0000
0.4800
1.0100
0.0000
0.0000
0.0000
1.3400
0.0000
1.4000
0.0000
0.1400
0.4400
0.0000
0.2400
0.0000
0.0000
0.0000
0.0000
0.0000
2.0000
0.0000
0.0000
0.0000
0.0000
0.2400
0.1695

2000
1.7800
0.2600
1.4950
0.2500
0.1000
0.2400
0.3200
0.0000
0.0000
0.0000
0.0700
1.5200
0.0600
0.0000
0.3000
0.0000
0.0125
0.4400
1.0100
0.0000
0.0000
0.0000
1.3400
0.0000
1.4000
0.0000
0.1400
0.4400
0.0000
0.2150
0.0000
0.0000
0.0000
0.0000
0.0000
2.1000
0.0000
0.0000
0.0000
0.1875
0.2400
0.1925

1999
2.0000
0.2500
1.3950
0.2500
0.3850
0.2333
0.1150
0.0000
0.0000
0.0000
0.0600
1.5200
0.0600
0.0000
0.3000
0.0000
0.0500
0.3900
0.9600
0.0000
0.0000
0.0000
1.3400
0.0000
1.4000
0.0000
0.1300
0.8800
0.0000
0.2000
0.0000
0.0000
0.0000
0.0000
0.0000
2.0000
0.0000
0.0000
0.0000
0.2500
0.2400
0.3631

2010 2009 2008 2007


vs.
vs.
vs.
vs.
2009 2008 2007 2006
9.2
11.7
31.5
25.7
5.3
15.2
43.5
53.3
4.2
5.0
8.9
12.3
33.3
66.7
12.5
33.3
11.9
20.0
34.6
36.8
18.8
5.3
26.7
42.9
6.3
28.0
8.7
9.5
21.1
27.6
38.1
37.0
5.1
5.4
6.3
7.7
16.7
9.1
22.2
20.0
12.5
2.3
21.7
12.5
2.0
6.4
9.3
16.2
14.3
16.7
20.0
25.0
4.8
5.0
5.3
5.1
17.6
21.4
25.0
27.3
10.3
5.4
8.8
13.3
9.1
10.0
11.1
12.5
5.8
11.3
21.6
6.3
9.1
10.0
8.3
5.3
21.1
26.7
36.4
37.5
6.8
5.8
19.0
48.7
14.3
16.7
20.0
33.3
2.6
2.7
2.7
2.8
20.0
5.3
46.2 333.3
2.4
5.0
5.3
5.6
11.8
9.7
14.8
22.7
6.5
6.9
7.4
8.0
12.8
27.9
24.5
17.6
5.8
13.0
12.2
10.8
4.2
9.1
6.5
3.3
37.0
12.5
12.5
33.3
5.0
5.3
11.8
21.4
8.0
11.1
15.4
18.2
8.3
9.1
29.4
41.7
14.3
16.7
20.0
25.0
46.8
30.6
11.8
79.2
18.8
14.3
16.7
20.0
6.3
33.3
50.0
33.3
0.2
6.7
10.1
13.9
66.7
12.5
60.0
33.3
9.8
8.5
19.7
20.8
10.7
23.6
38.9
26.9

2006
vs.
2005
21.3
50.0
11.1
20.0
35.7
27.3
10.5
66.3
120.0
25.0
25.0
2.8
33.3
104.8
22.2
20.0
33.3
0.0
7.5
50.0
0.0
50.0
2.9
0.0
5.9
120.0
8.7
19.0
15.6
7.1
140.0
21.7
20.0
20.0
100.0
26.9
25.0
50.0
15.0
0.0
22.6
18.6

2005
vs.
2004
1.7
33.3
5.4
0.0
27.3
57.1
5.6
57.6
0.0
9.1
100.0
7.5
0.0
0.0
5.9
0.0
433.3
0.0
5.0
300.0
0.0
25.0
1.5
0.0
6.3
0.0
9.5
15.4
100.0
7.7
0.0
35.3
46.7
9.1
0.0
42.7
0.0
0.0
17.9
0.0
24.7
0.4

2004 2003 2002 2001 2000 Mean


vs.
vs.
vs.
vs.
vs.
(simple Standard
2003 2002 2001 2000 1999 average) Deviation
71.4
0.0
0.0
0.0
0.0
15.7
20.7
7.1
0.0
3.7
3.8
4.0
19.9
19.8
0.0
0.0
2.4
5.9
7.2
5.7
3.9
0.0
0.0
0.0
0.0
0.0
15.1
20.7
22.2
38.5
30.0
0.0
0.0
23.4
13.4
75.0
0.0
0.0
0.0
2.9
23.3
24.5
0.0
20.0
0.0
0.0 178.3
24.3
49.4
203.8
0.0
0.0
0.0
0.0
41.0
56.2
0.0
0.0
0.0
0.0
0.0
13.1
33.9
33.3
0.0
0.0
0.0
0.0
12.3
11.3
100.0
0.0
0.0
14.3
16.7
27.7
35.0
8.1
3.3
0.0
0.0
0.0
5.0
4.8
0.0
0.0
0.0
0.0
0.0
9.9
11.8
0.0
0.0
0.0
0.0
0.0
11.4
29.6
6.3
6.7
0.0
0.0
0.0
12.0
10.3
0.0
0.0
0.0
0.0
0.0
5.3
6.6
0.0
0.0
0.0
0.0
0.0
46.3
122.8
0.0
0.0
0.0
9.1
12.8
6.1
6.8
0.0
0.0
0.0
0.0
5.2
4.6
3.8
0.0
0.0
0.0
0.0
0.0
42.9
83.2
0.0
0.0
0.0
0.0
0.0
7.3
14.2
0.0
0.0
0.0
0.0
0.0
14.5
16.0
1.5
0.0
0.0
0.0
0.0
1.5
1.2
0.0
0.0
0.0
0.0
0.0
36.8
94.8
6.7
7.1
0.0
0.0
0.0
4.0
2.7
0.0
0.0
0.0
0.0
0.0
16.3
33.7
23.5
21.4
0.0
0.0
7.7
9.1
7.0
56.9
31.8
0.0
0.0
0.0
18.7
16.1
0.0
0.0
0.0
0.0
0.0
14.3
27.7
2.0
6.3
0.0
11.6
7.5
5.9
3.2
0.0
0.0
0.0
0.0
0.0
21.4
39.7
240.0
0.0
0.0
0.0
0.0
31.0
67.0
0.0
0.0
0.0
0.0
0.0
10.8
13.6
175.0
0.0
0.0
0.0
0.0
26.6
48.7
0.0
0.0
0.0
0.0
0.0
16.0
28.1
27.2
0.0
0.0
0.0
5.0
24.6
23.8
0.0
0.0
0.0
0.0
0.0
8.6
9.7
0.0
0.0
0.0
0.0
0.0
15.7
20.3
18.4
0.0
0.0
0.0
0.0
7.5
7.4
0.0
0.0
0.0
0.0
0.0
15.7
24.5
37.1
24.0
4.2
0.0
0.0
15.6
11.3
22.4
12.7
3.1
0.0
0.0
14.3
12.3

Challengers

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.5-9
2011
Straight
but accelerated
Years Higher
intoDividends
Dec. 2010; to be included In 2011

Company
Symbol 2002
Noble Corp.
NE
0.0000
Northrop Grumman
NOC
0.8000
NTT DoCoMo Inc.
DCM
0.0076
NuStar GP Holdings LLC NSH
0.0000
Occidental Petroleum
OXY
0.5000
OGE Energy Corp.
OGE
1.3300
Oil-Dri Corp. of America ODC
0.2880
Omega Healthcare Investors
OHI
0.0000
ONEOK Inc.
OKE
0.6200
ONEOK Partners LP
OKS
1.6000
Pall Corp.
PLL
0.4400
PennantPark Investment Corp.
PNNT
0.0000
Perrigo Company
PRGO
0.0000
PG&E Corp.
PCG
0.0000
Pharmaceutical Product Development
PPDI
0.0000
Portland General Electric Co.
POR
0.0000
PPL Corp.
PPL
0.7200
Public Service Enterprise Group
PEG
1.0800
Qualcomm Inc.
QCOM 0.0000
Randgold Resources Ltd. GOLD
0.0000
Raytheon Company
RTN
0.2006
Regal Beloit Corp.
RBC
0.4800
Republic Services Inc.
RSG
0.0000
Reynolds American Inc. RAI
0.9312
RGC Resources Inc.
RGCO
1.1400
Ritchie Brothers Auctioneers
RBA
Inc.
0.0000
Robbins & Myers Inc.
RBN
0.1100
Robert Half International Inc.
RHI
0.0000
Rogers Communications Inc.
RCI
0.0000
Rollins Inc.
ROL
0.0395
Royal Dutch Shell plc A
RDS-A 0.0000
Royal Dutch Shell plc B
RDS-B 0.0000
Ryder System
R
0.6000
Safeway Inc.
SWY
0.0000
Sanderson Farms Inc.
SAFM
0.2667
Sempra Energy
SRE
1.0000
Senior Housing Properties Trust
SNH
1.2400
Sensient Technologies Corp.
SXT
0.5400
Shaw Communications Inc.SJR
0.0250
Shire plc
SHPGY 0.0000
Silgan Holdings Inc.
SLGN
0.0000
Smith & Nephew plc
SNN
0.3855

2001
0.0000
0.8000
0.0000
0.0000
0.5000
1.3300
0.2880
0.0000
0.6200
1.4938
0.6800
0.0000
0.0000
0.3000
0.0000
0.0000
0.5300
1.0800
0.0000
0.0000
0.0008
0.4800
0.0000
0.8250
1.1200
0.0000
0.1100
0.0000
0.0250
0.0395
0.0000
0.0000
0.6000
0.0000
0.1333
1.0000
1.2000
0.5320
0.0250
0.0000
0.0000
0.3645

2000
0.0000
0.8000
0.0000
0.0000
0.5000
1.3300
0.2880
1.0000
0.6200
1.3250
0.6600
0.0000
0.0000
1.2000
0.0000
0.0000
0.5300
1.0800
0.0000
0.0000
0.0008
0.4800
0.0000
0.7750
1.1000
0.0000
0.1100
0.0000
0.0250
0.0395
0.0000
0.0000
0.6000
0.0000
0.1333
1.1400
0.9000
0.5320
0.0250
0.0000
0.0000
0.4850

1999
0.0000
0.8000
0.0000
0.0000
0.5000
1.3300
0.2880
2.8000
0.6200
1.2200
0.6400
0.0000
0.0000
1.2000
0.0000
0.0000
0.5000
1.0800
0.0000
0.0000
0.0008
0.4800
0.0000
0.3875
1.0800
0.0000
0.1100
0.0000
0.0000
0.0395
0.0000
0.0000
0.6000
0.0000
0.1333
1.5600
0.0000
0.5300
0.0150
0.0000
0.0000
0.0000

2010 2009
vs.
vs.
2009 2008
68.1
14.7
8.9
7.6
9.9
15.4
5.8
14.2
12.2
8.3
2.1
2.2
6.9
7.4
14.2
0.8
11.0
5.1
3.0
3.0
10.3
13.7
7.3
6.7
13.2
11.0
8.2
7.8
8.8
35.3
3.0
4.2
1.4
3.0
3.0
3.1
10.4
8.1
30.8
8.3
18.6
10.5
3.1
3.2
1.3
8.6
6.7
1.5
3.1
2.4
7.9
11.8
6.3
6.7
8.3
9.1
28.6
10.2
28.6
11.1
1.2
6.4
1.2
6.4
6.3
4.3
20.5
20.5
8.8
1.8
2.6
14.3
1.4
2.1
3.9
2.7
15.8
13.8
16.5
15.1
10.5
11.8
10.0
10.0

2008
vs.
2007
33.3
6.1
22.3
12.7
28.7
2.2
8.0
10.2
11.4
5.7
6.3
150.0
10.8
8.5
123.8
4.3
9.8
10.3
14.8
20.0
9.0
6.9
42.9
6.3
2.5
13.3
15.4
10.0
178.8
26.0
11.0
11.0
9.5
19.3
12.0
8.1
1.4
8.8
19.5
16.7
6.3
10.6

2007
vs.
2006
50.0
27.6
20.7
421.4
17.5
2.3
15.7
12.5
14.8
10.6
9.1
0.0
7.2
6.8
81.0
104.4
10.9
2.6
20.0
0.0
6.9
7.4
26.7
16.4
1.7
15.4
18.2
25.0
328.9
19.0
14.8
14.8
16.7
17.6
4.2
3.4
4.5
11.5
109.9
15.7
33.3
9.4

2006 2005
vs.
vs.
2005 2004
60.0
0.0
14.9
13.5
31.8
37.9
0.0
0.0
24.0
17.3
0.0
0.0
20.0
9.8
12.9
18.1
11.9
23.9
12.5
0.0
10.0
11.1
0.0
0.0
6.2
12.1
46.7
0.0
319.9
0.0
0.0
0.0
14.6
17.1
1.8
1.8
32.4
51.1
0.0
0.0
9.3
7.5
8.0
4.2
16.0
66.7
31.0
10.5
1.7
0.9
34.5
56.8
0.0
0.0
14.3
55.6
42.0
0.0
26.0
25.0
120.6
0.0
120.6
0.0
12.5
6.7
116.0
0.0
14.3
31.3
6.2
12.0
3.1
1.6
1.7
0.0
109.3
11.8
11.7 210.9
20.0
77.8
11.4
0.0

2004
vs.
2003
0.0
11.3
110.5
0.0
5.8
0.0
10.8
380.0
27.5
0.0
0.0
0.0
31.8
0.0
0.0
0.0
6.5
1.9
87.5
0.0
0.0
0.0
400.0
0.0
2.6
146.7
0.0
0.0
100.0
20.1
0.0
0.0
0.0
0.0
17.1
0.0
1.6
1.7
100.0
0.0
0.0
9.6

2003 2002 2001 2000 Mean


vs.
vs.
vs.
vs.
(simple Standard
2002 2001 2000 1999 average) Deviation
0.0
0.0
0.0
0.0
20.6
26.0
0.0
0.0
0.0
0.0
8.2
8.2
992.1
0.0
0.0
0.0
112.8
279.7
0.0
0.0
0.0
0.0
41.3
120.3
4.0
0.0
0.0
0.0
10.7
9.6
0.0
0.0
0.0
0.0
0.8
1.1
2.8
0.0
0.0
0.0
7.4
6.3
0.0
0.0
0.0
0.0
40.8
107.5
11.3
0.0
0.0
0.0
10.6
8.8
0.0
7.1
12.7
8.6
5.7
4.7
0.0
0.0
3.0
3.1
6.1
4.8
0.0
0.0
0.0
0.0
14.9
42.8
0.0
0.0
0.0
0.0
8.4
9.0
0.0
0.0
0.0
0.0
7.1
13.0
0.0
0.0
0.0
0.0
51.7
93.5
0.0
0.0
0.0
0.0
10.5
29.7
6.9
35.8
0.0
6.0
10.2
9.5
0.0
0.0
0.0
0.0
2.2
2.8
0.0
0.0
0.0
0.0
20.4
26.2
0.0
0.0
0.0
0.0
5.4
10.0
298.8 24975.0
0.0
0.0 2303.2 7169.9
0.0
0.0
0.0
0.0
3.0
3.1
0.0
0.0
0.0
0.0
51.1
112.2
2.0
12.9
6.5 100.0
17.6
27.3
0.0
1.8
1.8
1.9
1.8
0.8
0.0
0.0
0.0
0.0
26.0
41.7
0.0
0.0
0.0
0.0
4.2
6.4
0.0
0.0
0.0
0.0
11.1
16.0
0.0
0.0
0.0
0.0
62.6
99.9
50.1
0.0
0.0
0.0
18.7
14.6
0.0
0.0
0.0
0.0
14.0
34.1
0.0
0.0
0.0
0.0
14.0
34.1
0.0
0.0
0.0
0.0
5.1
5.6
0.0
0.0
0.0
0.0
17.6
32.4
2.5 100.0
0.0
0.0
17.4
27.6
0.0
0.0
0.0
0.0
4.2
5.0
0.0
3.3
33.3
0.0
4.8
9.1
9.3
1.5
0.0
0.4
3.8
3.9
120.0
0.0
0.0
66.7
51.5
47.3
0.0
0.0
0.0
0.0
26.1
58.9
0.0
0.0
0.0
0.0
14.5
22.4
9.1
5.8
0.0
0.0
6.9
4.4

Challengers

Percentage Increase by Year

(and American Depository Receipts)

(excluding decreases, division by zero)

in Jan.5-9
2011
Straight
but accelerated
Years Higher
intoDividends
Dec. 2010; to be included In 2011

Company
Symbol
Somerset Hills Bancorp
SOMH
Southwest Gas Corp.
SWX
Spectra Energy Partners LPSEP
Steris Corp.
STE
StoneMor Partners LP
STON
Strayer Education Inc.
STRA
Suncor Energy Inc.
SU
Targa Resources Partners LP
NGLS
TECO Energy Inc.
TE
Teekay LNG Partners LP TGP
Teekay Offshore Partners LP
TOO
Telefonica S.A.
TEF
Texas Instruments
TXN
Texas Pacific Land Trust TPL
Textainer Group Holdings Ltd.
TGH
Tiffany & Company
TIF
Tim Hortons Inc.
THI
Torchmark Corp.
TMK
Tower Group Inc.
TWGP
TransAlta Corp.
TAC
Transmontaigne Partners LP
TLP
Travelers Companies
TRV
Union Pacific
UNP
United Community BancorpUCBA
Verizon Communications VZ
VSE Corp.
VSEC
Waste Management
WM
Westar Energy
WR
Westlake Chemical Corp. WLK
Williams Companies
WMB
Williams Partners LP
WPZ
Williams-Sonoma Inc.
WSM
Wisconsin Energy
WEC
Xcel Energy
XEL
Xilinx Inc.
XLNX
Yum! Brands Inc.
YUM
Averages:
204

2002
0.0000
0.8200
0.0000
0.0000
0.0000
0.2600
0.0858
0.0000
1.4000
0.0000
0.0000
0.0000
0.0850
0.0800
0.0000
0.1600
0.0000
0.2400
0.0000
0.9070
0.0000
1.1600
0.4000
0.0000
1.5400
0.0800
0.0100
1.2000
0.0000
0.4200
0.0000
0.0000
0.4000
1.3125
0.0000
0.0000
0.2989

2001
0.0000
0.8200
0.0000
0.0000
0.0000
0.2600
0.0850
0.0000
1.3700
0.0000
0.0000
0.0000
0.0850
0.0800
0.0000
0.1600
0.0000
0.2400
0.0000
0.5000
0.0000
1.1200
0.4000
0.0000
1.5400
0.0800
0.0100
1.2000
0.0000
0.6800
0.0000
0.0000
0.4000
1.5000
0.0000
0.0000
0.3073

2000
0.0000
0.8200
0.0000
0.0000
0.0000
0.2450
0.0850
0.0000
1.3300
0.0000
0.0000
0.0000
0.0850
0.0800
0.0000
0.1400
0.0000
0.2400
0.0000
0.0000
0.0000
1.0800
0.4000
0.0000
1.5400
0.0775
0.0100
1.4350
0.0000
0.6000
0.0000
0.0000
0.6850
1.3105
0.0000
0.0000
0.3320

1999
0.0000
0.8200
0.0000
0.0000
0.0000
0.2100
0.0850
0.0000
1.2850
0.0000
0.0000
0.1710
0.0850
0.0800
0.0000
0.1050
0.0000
0.2400
0.0000
0.0000
0.0000
1.0400
0.4000
0.0000
1.5400
0.0700
0.0100
2.1400
0.0000
0.6000
0.0000
0.0000
0.7800
1.4400
0.0000
0.0000
0.3332

2010 2009
vs.
vs.
2009 2008
7.7
7.5
5.3
5.3
12.6
12.7
26.8
46.4
0.5
4.7
44.4
38.5
42.2
43.6
1.4
12.2
1.9
0.6
3.9
4.6
4.2
9.1
24.9
10.8
8.9
9.8
5.3
5.6
7.6
3.4
27.9
6.3
39.4
1.1
8.9
1.8
50.0
30.0
8.1
2.2
1.3
4.4
14.6
3.4
11.1
16.1
10.3
11.4
3.1
6.0
15.8
11.8
8.6
7.4
3.3
3.4
10.0
7.3
10.2
2.3
4.4
4.3
14.6
1.1
18.5
25.0
3.1
3.2
10.3
7.4
12.8
14.7
10.1
9.7

2008
vs.
2007
33.3
4.7
346.7
27.3
4.4
23.8
5.0
118.6
2.6
9.8
45.4
38.3
36.7
12.5
345.0
36.2
35.1
5.8
60.0
7.8
18.9
5.3
37.8
12.9
6.4
13.3
12.5
7.4
13.9
10.3
19.1
6.7
8.0
3.3
20.0
29.5
18.8

2007
vs.
2006
42.5
3.7
0.0
29.4
5.5
23.5
34.6
0.0
2.0
10.3
0.0
32.9
130.8
23.1
0.0
30.6
109.6
8.3
25.0
5.9
12.4
11.9
12.5
47.6
1.5
15.4
9.1
8.0
33.3
13.0
27.4
48.3
8.7
3.4
32.4
98.1
27.5

2006
vs.
2005
190.7
0.0
0.0
41.7
1.3
70.0
27.3
0.0
0.0
177.6
0.0
12.7
23.8
0.0
0.0
28.6
0.0
9.1
0.0
1.3
207.3
11.0
0.0
0.0
1.3
18.2
10.0
8.7
39.2
38.0
981.5
0.0
4.5
3.6
30.8
23.3
32.4

2005
vs.
2004
0.0
0.0
0.0
0.0
0.0
95.3
0.0
0.0
0.0
0.0
0.0
28.2
18.0
0.0
0.0
27.3
0.0
0.0
300.0
0.0
0.0
4.6
0.0
0.0
3.9
22.2
6.7
21.1
385.0
212.5
0.0
0.0
6.0
7.0
73.3
115.0
29.5

2004 2003 2002 2001 2000 Mean


vs.
vs.
vs.
vs.
vs.
(simple Standard
2003 2002 2001 2000 1999 average) Deviation
0.0
0.0
0.0
0.0
0.0
25.6
54.1
0.0
1.2
0.0
0.0
0.0
1.8
2.3
0.0
0.0
0.0
0.0
0.0
33.8
99.1
0.0
0.0
0.0
0.0
0.0
15.6
17.9
0.0
0.0
0.0
0.0
0.0
1.5
2.1
23.1
0.0
0.0
6.1
16.7
31.0
28.3
10.4
12.5
0.9
0.0
0.0
16.0
16.7
0.0
0.0
0.0
0.0
0.0
12.0
33.9
0.0
0.0
2.2
3.0
3.5
1.4
1.3
0.0
0.0
0.0
0.0
0.0
18.7
50.4
0.0
0.0
0.0
0.0
0.0
5.3
13.0
24.9
0.0
0.0
0.0
0.0
15.7
14.0
4.7
0.0
0.0
0.0
0.0
21.1
36.4
25.0
0.0
0.0
0.0
0.0
6.5
9.1
0.0
0.0
0.0
0.0
0.0
32.4
98.9
22.2
12.5
0.0
14.3
33.3
21.7
11.2
0.0
0.0
0.0
0.0
0.0
16.8
32.6
15.8
5.6
0.0
0.0
0.0
5.0
5.0
0.0
0.0
0.0
0.0
0.0
42.3
84.2
0.0
10.3
81.4
0.0
0.0
10.6
22.7
0.0
0.0
0.0
0.0
0.0
22.2
58.8
0.0
0.0
3.6
3.7
3.8
5.6
4.6
30.4
15.0
0.0
0.0
0.0
11.2
12.6
0.0
0.0
0.0
0.0
0.0
7.5
13.7
0.0
0.0
0.0
0.0
0.0
2.0
2.4
12.5
0.0
0.0
3.2
10.7
11.2
6.9
7400.0
0.0
0.0
0.0
0.0
677.7 2125.8
0.0
0.0
0.0
0.0
0.0
4.7
6.1
0.0
0.0
0.0
0.0
0.0
44.4
108.5
100.0
0.0
0.0
13.3
0.0
36.3
62.3
0.0
0.0
0.0
0.0
0.0
94.3
280.7
0.0
0.0
0.0
0.0
0.0
6.4
14.0
3.7
0.0
0.0
0.0
0.0
6.8
7.8
5.3
0.0
0.0
14.5
0.0
3.9
3.9
0.0
0.0
0.0
0.0
0.0
15.8
21.7
0.0
0.0
0.0
0.0
0.0
26.7
39.1
14.0
4.0
0.0
0.0
0.0
13.3
11.7

Averages for

351

0.4104

0.3799

0.3800

0.3577

8.7

8.3

15.1

19.4

20.8

18.9

11.7

7.1

8.0

0.0

6.2

11.3

6.2

Averages for

451

0.4595

0.4298

0.4235

0.3991

7.8

7.9

14.3

16.9

17.6

15.8

10.8

6.9

6.9

1.5

6.1

10.2

5.0

Deletions
No.
Company
Symbol Yrs
Albany International Corp. AIN
8
Allete Inc.
ALE
8
Altria Group
MO
39
Amcol International Corp. ACO
7
Anheuser-Busch
BUD
31
Apogee Enterprises Inc. APOG
8
Arthur J. Gallagher
AJG
23
Associated Banc-Corp
ASBC
38
Avery Dennison
AVY
32
BancorpSouth Inc.
BXS
25
Bank of America
BAC
30
Bank of Hawaii
BOH
30
BB&T Corp.
BBT
37
Beckman Coulter
BEC
17
Block (H&R) Inc.
HRB
12
Boeing Company
BA
6
Buckeye GP Holdings LP BGH
5
Buckle Inc.
BKE
6
Carpenter Technology Corp.
CRS
5
Cedar Fair LP
FUN
20
Charles Schwab Corp.
SCHW
6
Chemical Financial
CHFC
34
Chesapeake Energy Corp. CHK
7
Choice Hotels InternationalCHH
5
City Holding Co.
CHCO
7
CNB Financial Corp.
CCNE
18
Comerica Inc.
CMA
39
Copano Energy LLC
CPNO
5
Corn Products InternationalCPO
Inc.
5
Courier Corp.
CRRC
15
CSS Industries Inc.
CSS
6
Danaher Corp.
DHR
15
Dentsply International Inc. XRAY
7
EastGroup Properties
EGP
16
Eli Lilly & Company
LLY
42
Energy Transfer Partners LETP
P
12
EnergySouth Inc.
ENSI
33
Enterprise GP Holdings LPEPE
6
F.N.B. Corp.
FNB
35
Federated Investors Inc. FII
13
Fifth Third Bancorp
FITB
34
First Financial Bankshares FFIN
23
FirstMerit Corp.
FMER
24
Florida Public Utilities
FPU
40
Foot Locker Inc.
FL
5
Fulton Financial
FULT
32
Gannett Company
GCI
39
GATX Corp.
GMT
5
General Electric
GE
32

Date
Deleted
9/10/10
10/20/10
1/30/08
9/10/10
11/18/08
10/6/10
7/23/10
4/21/09
8/4/09
9/5/10
10/6/08
10/25/10
5/11/09
7/7/11
9/10/10
10/25/10
9/23/10
9/21/10
10/12/10
3/9/09
10/26/10
10/26/09
9/10/10
9/23/10
10/7/10
11/9/10
10/6/08
10/13/10
9/15/10
11/15/10
11/17/10
9/29/09
9/10/10
7/16/10
10/18/10
10/28/10
10/8/08
9/12/10
2/18/09
10/28/10
6/18/08
9/10/10
11/20/08
10/29/09
9/10/10
3/17/09
2/25/09
10/22/10
2/27/09

Div
Cut

X
X
X
X

#Unchanged in consecutive years


Div # Merg
Unch Acq Other Notes
X
2010=2009, Increase in 2011
X
2010=2009, Increase in 2011
X
PM Spin-off; Reinstated 3/6/10
X
2010=2009
X
acq. by InBev; became ADR IPO
X
2010=2009
X
2010=2009, Increase in 2011
Cut again in 2010
Increase in 2011
X
2010=2009; cut twice in 2011
Cut again in 2009
X
2010=2009
Increase in 2011
X
acq. by Danaher Corp.
X
2010=2009
X
2010=2009
X
acq. by Buckeye Partners LP
X
2010=2009
X
2010=2009
Susp 2010, cut/raised in 2011
X
2010=2009
X
2009=2008, cut in 2010
X
2010=2009, increase in 2011
X
2010=2009
X
2010=2009
X
2010=2009
Cut again in '09, increase in 2011
X
2010=2009
X
2010=2009, increase in 2011
X
2010=2009
X
2010=2009
X
2009=2008, increase in 2010
X
2010=2009
X
2010=2009
X
2010=2009
X
2010=2009
X
acq. by Sempra Energy
X
acq. by Enterprise Prod LP

X
X
X
X
X
X
X
X
X
X
X

2010=2009
Cut again in '08, increase in 2011
2010=2009, increase in 2011
2008=2007, cut in 2009
acq. by Chesapeake Utilities
2010=2009, increase in 2011
Increase in 2011
Increase in 2011
2010=2009, increase in 2011
Increases in 2010*, 2011

Gentex Corp.
GNTX
Glacier Bancorp
GBCI
Harleysville National
HNBC
Heritage Financial Group HBOS
Hershey Company
HSY
Hillenbrand Industries
HB
HNI Corp.
HNI
Holly Corp.
HOC
Honeywell International
HON
Hudson City Bancorp
HCBK
Independent Bank Corp. MA
INDB
Inergy Holdings LP
NRGP
Integrys Energy Group
TEG
Investors Real Estate TrustIRET
Johnson Controls
JCI
Joy Global Inc.
JOYG
KeyCorp
KEY
Kimco Realty
KIM
Kraft Foods
KFT
Lakeland Financial
LKFN
La-Z-Boy Inc.
LZB
LCNB Corp.
LCNB
Legg Mason
LM
Lincoln National
LNC
M&T Bank Corp.
MTB
MarkWest Energy PartnersMWE
LP
Marshall & Ilsley
MI
Martin Marietta Materials MLM
Martin Midstream Partners LP
MMLP
Masco Corp.
MAS
Methanex Corp.
MEOH
Molex Inc.
MOLX
Myers Industries
MYE
National Healthcare Corp. NHC
National Penn Bancshares NPBC
NB&T Financial Group Inc. NBTF
NewAlliance Bancshares NAL
Noble Energy Inc.
NBL
Northern Trust
NTRS
Old National Bancorp
ONB
Otter Tail Corp.
OTTR
Overseas Shipholding Group
OSG
Inc.
Park National Corp.
PRK
Paychex Inc.
PAYX
Penn Virginia Resource Partners
PVR LP
Peoples Bancorp OH
PEBO
Pfizer Inc.
PFE
Pool Corp.
POOL
Progress Energy
PGN
Progressive Corp.
PGR
QNB Corp.
QNBC
Regions Financial
RF

6
16
27
6
33
35
19
16
5
12
8
6
51
39
33
5
43
15
8
13
25
23
27
25
27
7
36
16
6
50
7
5
30
7
31
9
5
6
22
26
33
5
20
20
7
43
41
5
21
36
14
37

9/10/10
10/1/09
11/17/08
2/24/11
10/19/09
3/31/08
11/18/09
9/10/10
10/29/10
4/20/11
9/16/10
8/10/10
10/14/10
6/30/11
9/29/09
11/23/10
6/18/08
9/29/09
9/10/10
10/20/10
2/19/08
11/10/09
5/4/09
10/31/08
11/17/09
10/27/10
1/15/09
11/11/10
10/26/10
3/27/09
11/24/10
9/29/10
9/29/09
11/15/10
4/24/09
9/21/10
9/1/10
10/26/10
11/30/09
4/27/09
10/30/09
9/21/10
8/22/10
10/13/10
10/27/10
8/29/09
1/26/09
11/4/10
9/17/10
1/30/08
11/23/10
7/22/08

X
X
X

2010=2009, increase in 2011


2009=2008
2008=2007, acq. by First Niagara

X
X
X
X
X
X

2009=2008, increases in '10, '11


Split into Hill-Rom/Hillenbrand Inc.
2009=2008, increase in 2011
2010=2009, now HFC
2010=2009, increase in 2011

X
X
X
X

2010=2009, increase in 2011


acquired by Inergy LP
2010=2009

X
X
X

2009=2008, increase in 2010


2010=2009
Cut again '08, '09, increase in '11
Increases in 2010, 2011
2010=2009
2010=2009
Suspended in 2009
2009=2008
Increases in 2010, 2011
Cut again in '09, increase in 2011
2009=2008
2010=2009, increases in 2011
Acquired by Bank of Montreal
2010=2009
2010=2009, increases in 2011

X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X

X
X

2010=2009, increase in 2011


2010=2009, increases in 2011
2009=2008, increases in '10, '11
Reinstated; deleted in error
Cut again in 2009
2010=2009, increase in 2011
acquired by First Niagara
2010=2009
2009=2008

X
X
X
X
X

2009=2008
2010=2009
2009=2008
2010=2009
2010=2009, increase in 2011

X
X
X
X

X
X
X
X
X
X
X

Increases in 2010*, 2011


2010=2009, increase in 2011
2010=2009, being acq. By DUK
Increases in 2010, 2011
2010=2009, increase in 2011
Cut again in 2009

Rockwell Collins Inc.


COL
5
10/25/10
Rohm and Haas
ROH
31
3/9/09
S&T Bancorp
STBA
18
9/11/09
X
S.Y. Bancorp
SYBT
13
9/10/10
State Auto Financial
STFC
16
11/6/09
State Street Corp.
STT
27
2/5/09
X
SunTrust Banks Inc.
STI
22
1/22/09
X
Supervalu Inc.
SVU
35 10/20/09
X
Susquehanna Bancshares SUSQ
26
4/15/09
X
Synovus Financial
SNV
30
9/10/08
X
Teekay Corp.
TK
6
10/5/10
Teleflex Inc.
TFX
31 10/26/10
Teppco Partners
TPP
16 10/26/09
Trinity Industries Inc.
TRN
5
9/10/10
Trustmark Corp.
TRMK
25 10/30/09
U.S. Bancorp
USB
36
3/4/09
X
UDR Inc.
UDR
32
5/26/09
X
United Bancorp Inc.
UBCP
14 11/10/10
United Bankshares
UBSI
35
9/29/09
Valley National Bancorp VLY
18
7/12/10
X
Village Super Market Inc. VLGEA 8
3/18/11
X
Vulcan Materials
VMC
15
6/11/09
X
Washington Federal
WFSL
25
1/30/09
X
Washington Trust Bancorp WASH 16
9/17/10
Wells Fargo & Co.
WFC
20
3/6/09
X
Wesbanco Inc.
WSBC 22
8/29/09
X
Wesco Financial Corp.
WSC
39
6/24/11
Willis Group Holdings plc WSH
6
9/10/10
Wilmington Trust
WL
27
2/5/09
X
Wolverine World Wide
WWW
15
9/10/10
Wrigley (Wm. Jr.) Co.
WWY
28
10/8/08
WSFS Financial Corp.
WSFS
10 10/29/10
* Despite increase, yearly total was lower than prior year

X
X
X
X

2010=2009, increase in 2011


2009=2008
Increase in 2011
Cut again in 2009

X
X
X
X
X

X
X

X
X
X
X
X

2010=2009
Acquired by Dow Chemical

Increase in 2011
Cut again in 2009
2010=2009
2010=2009
acq. by Enterprise Products LP
2010=2009, increase in 2011
2009=2008
Increase in 2011
Increases in 2010*, 2011
2010=2009
Reinstated 12/3/09-YE Increase
Cuts in '09, '10, Increase in 2011
Cut 25>10 after $1.25 Special
Increase in 2011
2010=2009, increase in 2011
Increase in 2011
Increase in 2011
acq. By Berkshire Hathaway
2010=2009
Acquired by M&T Bank
2010=2009, increase in 2011
acquired by Mars Inc.
2010=2009

Additions and other company-specific changes


2/12/08 Added Franklin Resources (annual increases since 1981)
2/16/08 Corrected Teleflex Inc. note; not being acquired; DRIP changed to Yes
4/4/08 Note removed from Myers Industries (takeover by GS Capital cancelled)
4/28/08 Note added to Wrigley (agreed to be acquired by Mars Inc.)
7/10/08 Note added to Rohm & Haas (agreed to be acquired by Dow Chemical)
7/14/08 Note added to Anheuser-Busch (agreed to be acquired by InBev)
7/28/08 Note added to EnergySouth Inc. (agreed to be acquired by Sempra Energy)
9/30/08 Corrected Harleysville National (HNBC) info (no increase since late 2006)
11/20/08 Added Brown-Forman Class B (div. increased for 25th straight year)
11/21/08 Added BancorpSouth Inc. (div. increased for 25 straight years)
11/21/08 Added F.N.B. Corp. (div. increased for 37 straight years; "Alternator" company)
11/23/08 Added Bowl America Class A (div. increased for 37 straight years)
11/23/08 Added Community Trust Bancorp (div. increased for 28 straight years)
1/26/09 Changed notation on Rohm and Haas (Acquisition by Dow Chemical in question)
2/19/09 Added Progress Energy to Contenders tab (21 years)
4/20/09 Added Notation to Florida Public Utilities (being acquired by Chesapeake Utilities)
6/29/09 Added Notation to Teppco Partners (being acq'd by Enterprise Products Partners)

7/1/09
7/20/09
8/6/09
12/7/09
1/8/10
1/15/10
1/23/10
3/5/10
3/5/10
3/7/10
3/7/10
3/12/10
3/13/10
3/14/10
3/25/10
3/26/10
3/30/10
3/30/10
3/31/10
4/27/10
5/10/10
5/10/10
5/12/10
5/21/10
6/23/10
6/29/10
7/3/10
7/24/10
7/24/10
7/24/10
7/24/10
7/27/10
7/28/10
8/3/10
8/6/10
8/11/10
8/22/10
9/8/10
9/9/10
10/19/10
10/21/10
10/22/10
10/25/10
10/28/10
11/23/10
11/25/10
12/15/10
12/29/10
12/29/10
1/10/11
1/10/11

Changed name CenturyTel to CenturyLink following merger with Embarq


Added Harleysville Savings to Contenders tab (22 years)
Added LCNB Corp. to Contenders tab (23 years)
Added New Jersey Resources to Contenders tab (15 years)
Added Harsco Corp. to Contenders tab (16 years)
Added Lincoln Electric Holdings to Contenders tab (15 years)
Added Polaris Industries to Contenders tab (15 years)
Added United Technologies to Contenders tab (16 years)
Added Holly Corp. and Universal Forest Products to Contenders (16 years each)
Added Albemarle (16 years) and Buckeye Partners (15) to Contenders tab
Added Franklin Electric (17 years) and Urstadt Biddle Properties (16)
Added Erie Indemnity Company to Contenders tab (20 years)
Added Martin Marietta Materials to Contenders tab (16 years)
Added UMB Financial Corp. to Contenders tab (19 years)
Added Hingham Institution for Savings to Contenders tab (15 years)
Added Tompkins Financial to Contenders tab (24 years)
Added Expeditors International, Matthews International to Contenders (15 yrs each)
Added People's United Financial to Contenders tab (16 years)
Added First Financial Bankshares to Contenders tab (23 years)
Added International Business Machines to Contenders tab (15 years)
Changed Clarcor streak from 26 to 45 years per company website
Changed Gorman-Rupp streak from 35 to 37 years (during 2009) per press release
Moved NACCO Industries from Contenders tab to Champions list (25 years)
Added ACE Limited to Contenders tab (18 years)
Changed FPL Group (FPL) to NextEra Energy (NEE) on Contenders tab
Changed Questar Corp. to Questar Resources and added notation re: QEP Spin-off
Adjusted Questar current dividend and history for QEP spin-off
Added Enbridge Inc. and RenaissanceRe Holdings to Contenders tab (15 years)
Added Imperial Oil Ltd. to Contenders tab (18 years)
Added PartnerRe Limited to Contenders tab (17 years)
Added Southside Bancshares to Contenders tab (16 years)
(through Sept.) Populated Challengers tab and added new companies
Added Ohio Valley Banc Corp. to Contenders tab (15 years)
Changed General Dynamics streak from 17 to 19 years per Yahoo data
Added Investors Real Estate Trust (39 years) to Champions, DivHistory tabs
Corrected Questar Corp. dividend amounts per latest increase, web site info
Moved Travelers Co's from Contenders to Challengers (2004 div cut re: merger)
Added Unisource Energy Corp. to Contenders tab (11 years)
Moved Brady Corp. from Contenders to Champions (25 years)
Moved Shenandoah Telecommunications from Challengers to Contenders (10 years)
Added Met-Pro Corp. to Contenders tab (10 years)
Changed Shenandoah Telecommunications from 10 years to 14 per website
Moved NuStar Energy LP from Challengers to Contenders (10 years)
Added Orrstown Finmancial Services to Contenders tab (10 years)
Moved McCormick & Co. from Contenders to Champions (25 years)
Moved Computer Services Inc. from Challengers to Contenders (22 years)
Moved Nu Skin Enterprises Inc. from Challengers to Contenders (10 years)
Moved Royal Gold Inc. from Challengers to Contenders (10 years)
Moved Span America Medical Systems from Challengers to Contenders (11 years)
Added Duke Energy to Challengers tab; 6 years adj. For 2007 Spectra Energy spin-off
Corrected Telefonica S.A. from 5 to 8 years (and 2005 dividend amount)
1/11/11 Added Citizens Financial Services to Contenders tab (12 years)

1/13/11
1/14/11
1/25/11
1/27/11
1/28/11
1/30/11
2/3/11
2/4/11
2/9/11
2/10/11
2/17/11
2/25/11
3/2/11
3/21/11
3/27/11
4/1/11
4/18/11
4/22/11
4/26/11
5/6/11
5/17/11
5/24/11
5/25/11
5/26/11
6/6/11
7/21/11
7/28/11

Added Canadian Natural Resources to Contenders tab (10 years)

Added National Healthcare Corp. back to Challengers; was deleted in error


Moved Norfolk Southern from Challengers to Contenders (10 years)
Moved Sunoco Logistics Partners LP from Challengers to Contenders (10 years)
Moved HCP Inc. from Contenders to Champions (26 years)
Added Unilever NV and Unilever plc to Contenders tab (10 years)
Moved Novartis AG from Challengers to Contenders (10 years)
Moved Landmark Bancorp from Challengers to Contenders (10 years)
Moved Auburn National Bancorp from Challengers to Contenders (10 years)
Moved Thomson Reuters Corp. from Challengers to Contenders (18 years)
Added National Health Investors to Contenders tab (10 years)
Moved Teche Holding Co. from Challengers to Contenders (10 years)
Moved Novo Nordisk A/S from Challengers to Contenders (10 years)
Moved Raven Industries from Contenders to Champions (25 years)
Added Infosys Technologies Ltd. to Contenders tab (14 years)
Moved Watsco Inc. from Challengers to Contenders (10 years)
Moved Southern Company from Challengers to Contenders (10 years)

Corrected Peoples United Financial streak from 18 to 19 years per company info
Moved Valmont Industries from Challengers to Contenders (10 years)
Moved Microchip Technology from Challengers to Contenders (10 years)
Moved W.R. Berkley from Challengers to Contenders (10 years)
Moved Donaldson Company from Contenders to Champions (25 years)
Moved Flowers Foods from Challengers to Contenders (10 years)
Moved Bunge Limited from Challengers to Contenders (10 years)
Moved FedEx Corp. from Challengers to Contenders (10 years)
Moved Tompkins Financial from Contenders to Champions (25 years)
Moved Maxim Integrated Products from Challengers to Contenders (10 years)

Comparison with Previous Months (NOT adjusted for additions, deletions, etc.)
No. of
Champions (25+ years)
Companies End of
Yrs
Price
139 Dec07
34.5
N/A
136 Jan08
34.9
44.54
136 Feb08
35.2
43.72
135 Mar08
35.2
44.41
135 Apr08
35.3
45.89
135 May08
35.4
46.49
133 Jun08
35.4
42.80
132 Jul08
35.5
43.96
132 Aug08
35.6
44.88
131 Sep08
35.6
43.72
126 Oct08
35.8
37.58
128 Nov08
35.9
35.58
128 Dec08
35.9
35.71
125 Jan09
36.1
32.75
120 Feb09
36.4
29.80
116 Mar09
36.4
32.30
112 Apr09
36.7
35.82
109 May09
36.8
36.52
109 Jun09
36.9
36.80
109 Jul09
36.9
39.50
107 Aug09
37.0
40.63
104 Sep09
37.1
42.64
98 Oct09
37.4
43.46
97 Nov09
37.6
45.14
98 Dec09
37.7
45.79
98 Jan10
37.8
44.87
98 Feb10
38.0
46.06
99 Mar10
38.1
48.10
99 Apr10
38.2
49.53
100 May10
38.3
46.36
100 Jun10
38.4
44.27
100 Jul10
38.4
46.83
101 Aug10
38.5
44.63
101 Sep10
38.5
48.07
97 Oct10
38.6
49.50
98 Nov10
38.6
49.53
98 Dec10
38.7
51.99
99 Jan11
38.7
51.85
99 Feb11
38.8
53.67
100 Mar11
38.7
54.12
100 Apr11
38.8
54.85
101 May11
38.8
54.39
100 Jun11
38.8
50.42
100 Jul11
38.7
49.00

Yield
N/A
2.97
3.13
3.09
3.02
3.06
3.53
3.32
3.23
3.17
3.68
3.94
3.92
4.57
4.93
4.36
3.79
3.66
3.64
3.39
3.30
3.22
3.21
3.11
3.05
3.14
3.10
2.98
2.90
3.13
3.26
3.08
3.33
3.06
2.94
2.97
2.86
2.92
2.85
2.82
2.79
2.80
2.89
2.96

% Inc
10.23
10.21
10.15
10.06
9.92
9.18
10.52
10.67
10.85
10.50
10.36
9.91
9.59
9.30
8.77
8.74
8.63
8.68
8.35
8.37
7.79
7.49
7.60
7.18
7.05
7.11
5.10
5.15
5.19
5.16
5.37
5.39
5.42
5.43
5.71
5.98
6.04
5.95
6.09
6.37
6.56
6.63
6.57
6.63

No. of
Contenders (10-24 years)
Companies End of
Yrs
Price

Yield

% Inc

Notes:
Prior to May 2009, informal list of 27 companies or less
Prior to June 2009, no pricing or div. Rate included
Prior to July 2010, prev. div. rate, % increase not included
Prior to August 2010, streaks of 10-14 years not included

70
69
70
70
67
65
61
62
65
65
81
82
82
82
85
139
132
131
126
129
135
141
142
144
147
148
147

May09
Jun09
Jul09
Aug09
Sep09
Oct09
Nov09
Dec09
Jan10
Feb10
Mar10
Apr10
May10
Jun10
Jul10
Aug10
Sep10
Oct10
Nov10
Dec10
Jan11
Feb11
Mar11
Apr11
May11
Jun11
Jul11

17.9
18.0
18.0
18.1
18.3
18.4
18.4
18.4
18.4
18.6
18.3
18.4
18.4
18.4
18.3
15.8
15.6
15.6
15.7
15.7
15.5
15.5
15.4
15.4
15.3
15.3
15.2

31.68
33.76
34.49
35.51
34.80
36.44
37.24
36.52
37.24
40.34
43.21
40.28
38.62
41.67
38.12
41.64
42.83
43.56
45.84
45.97
46.96
48.34
50.31
49.32
48.23
46.48

3.80
3.50
3.45
3.44
3.50
3.43
3.33
3.39
3.35
3.06
2.95
3.14
3.28
2.98
3.37
3.20
3.12
3.05
2.90
2.93
2.95
2.95
2.88
2.93
2.97
3.11

6.71
6.36
6.66
6.44
6.39
6.63
6.88
7.60
8.33
8.07
8.13
7.98
8.02

Quick Summary:
Month End:

7/29/11

Champs

Contdrs

Challgrs

Total

No. of Companies

100

147

204

451

Ave. No. of Years

38.7

15.2

7.0

16.7

Average Price

49.00

46.48

43.95

45.90

Average Yield

2.96

3.11

3.15

3.09

Ave. MR Increase

6.63

8.02

9.82

Month End:

6/30/11

Champs

Contdrs

Challgrs

8.58
Total

No. of Companies

100

148

201

449

Ave. No. of Years

38.8

15.3

7.0

16.8

Average Price

50.42

48.23

45.51

47.50

Average Yield

2.89

2.97

3.04

2.98

Ave. MR Increase

6.57

7.98

9.80

Year End:

12/31/10

Champs

Contdrs

Challgrs

8.54
Total

No. of Companies

98

129

190

417

Ave. No. of Years

38.7

15.7

6.9

NC

Average Price

51.99

45.84

44.65

NC

Average Yield

2.86

2.90

2.90

NC

Ave. MR Increase

6.04

6.63

10.93

NC

MR = Most Recent; NC = Not Calculated

Additions:
Altera Corp. (ALTR) to Challengers
Enbridge Energy Partners LP (EEP) to Challengers
Kaydon Corp. (KDN) to Challengers
Rogers Communicatioons (RCI) to Challengers
Deletions:
Investors Real Estate Trust (IRET) from Champions
Beckman Coulter (BEC) from Contenders
Promotions:
Maxim Integrated Products (MXIM) from Challenger to Contender
Tompkins Financial Corp. (TMP) from Contender to Champion

Average Price

Number of Companies
60.00

160
140

50.00

120

40.00

100

30.00

80
60

20.00

40
10.00

20
0

0.00

Champions

Contenders

Champions

Contenders

Average Yield

Average % Increase

12.00

6.00

10.00

5.00

8.00

4.00

6.00

3.00

4.00
2.00

2.00
1.00

0.00
0.00

Champions

Contenders

Champions

Contenders

Revisions
12/31/07
12/31/07
1/2/08
1/2/08
1/4/08
1/5/08
1/14/08
2/13/08
2/13/08
2/26/08
2/28/08
3/20/08
9/30/08
10/1/08
11/1/08
11/19/08
12/3/08
1/30/09
2/15/09
5/29/09
6/24/09
5/5/10
5/21/10
5/27/10
6/28/10
6/28/10
7/6/10
7/6/10
7/12/10
7/12/10
7/13/10
7/19/10
7/23/10
7/23/10
7/27/10
8/1/10
8/3/10
8/6/10
8/11/10
8/13/10
8/23/10
8/27/10
8/30/10
8/30/10
8/30/10
9/10/10
9/15/10
9/18/10
9/20/10
10/25/10
11/17/10

Price and Yield columns added


Default printing changed from Portrait to Landscape
Added horizontal lines every five companies to improve readability
Added Industry column and averages for yield and dividend increase percentage
Combined Source(s) into one column (PR=Press Release; WS=Web Site; IR=IR Response)
Sent e-mails to IR Depts. at all unconfirmed companies requesting confirmation/correction
Entered (IR) in Blue to indicate that no response was received.
Changed Date text to Green for companies expected to announce increase in next 30 days
Changed file name format to reflect specific date of update (yymmdd)
Added columns for DRIP fees on dividend reinvestment (DR) and/or stock purchase (SP)
Added Average Price and Comparison to Last Month at bottom
Deleted DRIP w/SPP column as unnecessary (Y/N implied by DRIP Fees columns)
Added Tab for Contenders - companies nearing eligibility
Added link to www.dripinvesting.org (Tools page) at top of heading
Added Web Links tab for companies' Yahoo! Summary page, IR Page, DRIP Prospectus
Completed population of Web Links tab
Added DRIP Fee Notations to Contenders tab
Highlighted in Red yields above 10%
Added Average Price and Comparison to Last Year at bottom
Added companies with 15-19 years to Contenders tab (with date of last increase)
Added Price, Annual Dividend, and Yield columns to Contenders tab
Added DivHistory tab; began population
Added subtitle to include U.S.-traded American Depository Receipts (ADRs)
Completed DivHistory population; inserted columns for 5- and 10-year % change
Changed 5- and 10-year % Change to Average % Change on DivHistory tab
Added Acceleration/Deceleration Ratio and Averages to DivHistory tab
Added Industry column to Contenders tab and populated
Duplicated Champions heading design to Contenders tab and added all other columns
Completed population of additional columns, formulas on Contenders tab
Added Summary/average line to Contenders tab
Added Summary/average lines for all prior months to Champions tab
Replaced 5- and 10-year Average Annual Dividend Increase with CAGR on DivHistory tab
Moved Contenders tab to left behind DivHistory tab
Moved Revisions tab to left behind Contenders tab
Added Challengers tab for streaks of up to 14 years
Began additional population of Challengers tab per online research
Renamed CAGR to DGR (Dividend Growth Rate) on DivHistory tab
Moved all companies with streaks of 10-14 years to Contenders tab and filled columns
Completed additional population of Challengers tab per online research
Added Contenders section to DivHistory tab and began population
Completed population of Contenders section of DivHistory tab; added summaries
Deleted Web Links tab due to limited usefulness; saved 30k per file
Replaced Source(s) column with Quarterly Schedule on Champions, Contenders tabs
Inserted Sequence column next to No./Years on Champions, Conteners, Challengers tabs
Updated Note tab for recent changes, additions
Added Changes tab for company-specific actions
Added Fundamental Data Section to Champions, Contenders; Inserted Formulas
Moved Champions, Contenders Summary stats to new tab to avoid printing overlap
Added Charts to Summary tab, arranged for printing
Added Note column to Challengers tab
Added Industry column to Challengers tab and populated

Revisions
11/18/10
11/18/10
11/18/10
11/29/10
11/30/10
11/30/10
12/7/10
12/15/10
12/15/10
12/16/10
12/29/10
12/30/10
12/30/10
12/30/10
12/30/10
12/31/10
12/31/10
1/19/11
2/9/11
2/28/11
2/28/11
2/28/11
3/16/11
4/25/11
4/26/11
5/27/11
7/2/11
7/3/11
7/28/11
7/28/11
7/29/11
7/29/11

Moved Dividend History to Champions and Contenders tabs; deleted DivHistory tab
Added DRIP Fees columns to Challengers tab and populated
Duplicated Champions heading design to Challengers tab and added all other columns
Completed population of additional columns, formulas on Challengers tab
Added Fundamental Data Section to Challengers; Inserted Formulas
Added Annual Dividend column to Fundamental Data sections, now used for Payout Ratio
Added 2010 column to Dividend History on Champions/Contenders tabs; began population
Completed population of 2010 dividend column on Champions/Contenders tabs
Changed 5- and 10-year DGRs to compare 2010 dividend to 2005 and 2000 dividends
Added Dividend History to Challengers tab; began population
Completed population of Challengers' Dividend History and calculations
Added 1- and 3-year DGR (Dividend Growth Rate) to all Dividend History sections
Added Average % Change vs. Prior Year to bottom of each Dividend History
Removed Update Date from main headings; Date at top of Price column coincides with posting
Added Fiscal Year Ending month column to Fundamental Data sections and populated
Added Appendix to Notes tab listing companies with 4-year streaks
Revised Market Cap format in Fundamental Data sections and added average
Added Annualized Rate (@) to Notes columns, filled in ADR countries
Added detail to Industry columns, esp. MLPs, REITs, Retail, Technology
Added combined Champions/Contenders averages to Contenders tab
Added combined Contenders/Challengers averages to Challengers tab
Added combined Champions/Contenders/Challengers averages to Challengers tab
Added Multiple Increases This Year (&) to Notes columns
Inserted Fundamental Data column for Premium/Discount to Graham Number
Added column explanations to Notes tab
Changed Yield calculation to use Annual Dividend (from New Rate)
Added columns for Percentage Increase by Year (excludes decreases, division by zero)
Added columns for Mean (simple average) and Standard Deviation
Inserted column for Estimated 5-year Annual EPS Growth to Fundamental Data sectio
Added Quick Summary (page 2 of 3) to Summary tab
Expanded notations on Deletions section of Changes tab
Expanded range of green dates to 1-2 months ahead (by ex-dividend date), including Appendix

Notes
This listing was inspired by the efforts of several individuals and is intended to be freely distributed for individual, non-commercial
use. The initial goal was to identify companies that had increased their dividend in at least 25 consecutive years. But that
definition was broadened to include additional companies that had paid higher dividends (without necessarily having
increased the quarterly rate in every calendar year. Also included (under the Contenders tab) are companies that have increased
their dividend for 10-24 straight years and (under the Challengers tab) companies that have increased their dividend for 5-9
straight years. Unless it is clear that a streak is shorter, the number of years shown will coincide with statement(s) by the
company itself, hence the "(Per Company)" sub-title is included. Some notable sub-groups include:
"The Alternators" are companies that appear to follow a pattern of increasing their dividend only in alternating years, but
do so in mid-year, so that the total paid (per share) is higher every year. An example follows:
Q1 Div
Q2 Div
Q3 Div
Q4 Div
Total
Year 1
0.10
0.10
0.10
0.10
0.40
Year 2
0.10
0.10
0.11
0.11
0.42
Year 3
0.11
0.11
0.11
0.11
0.44
Year4
0.11
0.11
0.12
0.12
0.46
Year 5
0.12
0.12
0.12
0.12
0.48
As you can see, the dividend was increased only in years 2 and 4, but the company paid higher TOTAL dividends each year. To
highlight these companies, the dates are indicated in Red (and right-aligned to stand out when printing.)
"The Penny-Pinchers" are companies that typically increase their quarterly payout by a fraction of a penny, often as little as onequarter cent, or one cent per share on an annual basis. Generally, these are utilities with impressive streaks. But since profits
are limited by regulators, they may not declare substantial dividend increases. Although they typically offer relatively high yields,
dividend and share price growth may be limited.
Percentage increases of 2% or less are highlighted in Red.
"The Foreigners" are companies that have dividend growth streaks, in U.S. dollar terms, and trade on a U.S. Exchange
as ADRs (American Depository Receipts).
Data Sources/Discrepancies
As mentioned above, the dividend streaks are generally specified by the companies themselves. In some cases, however, there
were differences between the length of the streak shown by outside sources and what was stated in company literature. Usually,
the company's claim is shown, when it appears reasonable. For example, one source showed that Vectren had increased its
dividend for 31 straight years, but the company stated that its latest increase marked "the 48th consecutive year that Vectren and
its predecessor companies have increased annual dividends paid." In addition to not taking into account records of predecessor
companies, some sources appear to curtail streaks because of a lack of clear data as much as 25 years ago. Other issues:
Rounding errors can make it appear that a company did not raise its dividend, especially in the distant past. For example,
an adjusted payout of .012275, increased to .012325, could appear unchanged if both were rounded to .0123 by the data provider.
Splits/Stock Dividends may not always result in accurate adjustment of prior dividends. This is especially true if the split were
at a ratio of 6-for-5 or higher, or if a stock dividend of 5% or less was paid. In some cases, a firm states that it is "maintaining"
a dividend rate following a stock dividend, but that, in fact, is an increase. So, for example, a company may start the year paying a
rate of 10/share and finish the year by paying 10/share, but a 5% stock dividend adjusts the first figure to 9.6/share.
Special Dividends might cause some sources to drop a company from a listing such as this one. For example, if a firm
actually increases its annual dividend from 30 to 40 per share, but paid a special (or "extra") dividend of $1 in the first year, then
it could appear that it had reduced its payout from $1.30 to 40 per share, thus ending its streak. However, I don't think that such a
company should be penalized for making an extra payout, so these special dividends are generally factored out for this listing.
Column Headings
No. Yrs represents the number of consecutive years of higher dividends. An adjacent column orders all listed
companies in sequence, from longest (#1) to shortest streak, running from Champions to Contenders to Challengers.
DRIP Fees indicates whether a company offers a Dividend Reinvestment Plan (DRIP) that also allows enrollees
to invest additional cash on a voluntary, periodic basis. The vast majority of these companies offer these plans, also known as
Direct Investment Plans, but many have recently added fees, so potential participants should carefully check the features before
enrolling. Complete information about all available DRIPs can be found at www.directinvesting.com.
Disclosure: As shown below, I am employed by The Moneypaper Inc., which operates that web site and is affiliated with Temper
Enrollment Service, which facilitates DRIP enrollment. This is not meant as a sales pitch!
Dividend Information is the information associated with the most recent increase, not necessarily the most recent dividend.
Most recent increase dates older than one year are highlighted in Red.
Most recent Increases expected to be replaced in next 1-2 months are highlighted in Green.
Quarterly Schedule shows estimated Pay Dates, where A=Jan/Apr/Jul/Oct, B=Feb/May/Aug/Nov, C=Mar/Jun/Sep/Dec.
Annual Dividend projects the "new" rate to a full-year amount
Payout % Ratio calculates the annual dividend as a percentage of trailing twelve months earnings per share
+/-% vs. Graham calculates the premium or discount that the current price represents, compared with the "Graham
number," which is an estimation of "fair value" or what Benjamin Graham said would be the most an investor should pay for a
share of the company's stock. Since he believed that a reasonable price/earnings ratio was 15 and a reasonable price/book
value ratio would be 1.5, the formula for the "Graham number" is the square root of (22.5 times the earnings per share times the
book value per share). Book value per share is derived by dividing the Price/Book Value ratio in column Z into the current price
in column H. The actual Graham number is not shown, but is divided into the current price in order to produce a premium or
discount percentage, compared with the Graham number.
TTM P/E shows the price/earnings ratio using trailing twelve months earnings divided into current price
TTM EPS shows earnings per share for the most recently reported trailing twelve months

PEG Ratio shows the price/earnings ratio divided by 5-year estimates growth rate
TTM P/Sales shows the price divided by the trailing twelve months' sales
MRQ P/Book shows the price divided by the most recent quarter's book value per share
TY Est EPS shows analysts' consensus estimated earnings per share for the current full year
LY Est EPS shows analysts' consensus estimated earnings per share for the next full year
NY% Growth calculates the percentage change of next year's earnings estimate compared with this year's estimate
Est 5-yr Growth calculates the estimated annual EPS Growth for the next f years
MktCap ($Mil) shows the market value in millions of dollars of all outstanding shares at the current price
52-week low/high and % these columns show the 52-week range of the stock and the percentage that the current price is
trading above the low and below the high prices
5/10 A/D is a calculation of the acceleration or deceleration of the 5-year vs. the 10-year DGR
DGR or Dividend Growth Rate is the compound annual growth rate of the dividend for the periods shown
Acknowledements/Updates
I'd like to thank Motley Fool poster Bruce Doe, whose listing was the starting point for this compilation. Also, thanks to Moneypaper
reader Jacob Geller, who brought our attention to RPM International's claim to be one of 70 companies to have increased its
dividend for at least 34 straight years. Many thanks to Publisher Vita Nelson, who has made Moneypaper's DRIP database info
available to the general public. Also, thanks to Seeking Alpha Contributors Dividends4Life, Dividend Growth Investor, and others
for their valuable info and assistance. And finally, thanks to George L. Smyth for running the non-profit message boards at
www.dripinvesting.org, where I hope to post this spreadsheet and a related PDF file (for those who can't use the spreadsheet).
Hopefully, it can continue to be updated on a monthly basis there. Please post comments/questions on its U.S. DRIPs board or
add a Comment to one of my articles on the Seeking Alpha website.
David Fish Exec. Editor, The Moneypaper, The Moneypaper Guide to Direct Investment Plans
Co-manager, The MP 63 Fund (symbol: DRIPX)
2007-2011 All Rights Reserved. This listing is intended for personal, non-commercial use only.

Appendix
Listed below are companies that have increased their dividends for four years and may join the Challengers listing
in the next 12 months, with the Ex-Dividend Date of their most recent increase:
Dates in Green (centered) indicate increase (by Ex-Div. Date) expected in next 1-2 months

Company
American Water Works
Bancorp Rhode Island Inc.
Baxter International Inc.
Broadridge Financial Solutions Inc.
Brookfield Infrastructure Partners LP
Cablevision Systems Corp.
CMS Energy Corp.
Coca-Cola Enterprises
Comcast Corp.
Covidien plc
El Paso Pipeline Partners LP
Evercore Partners Inc.
Finish Line Inc.
Frisch's Restaurants Inc.
Goodrich Corp.
Guess? Inc.
Health Care REIT Inc.
HEICO Corp.
Hubbell Inc. A
Lazard Limited
Lorillard Inc.
McKesson Corp.
Molson Coors Brewing Co. B
National CineMedia Inc.
Navios Maritime Partners LP
Northfield Bancorp Inc.
NorthWestern Corp.
NV Energy Inc.
Petsmart Inc.
Quaker Chemical Corp.
Vanguard Natural Resources LLC
Western Gas Partners LP

Symbol
AWK
BARI
BAX
BR
BIP
CVC
CMS
CCE
CMCSA
COV
EPB
EVR
FINL
FRS
GR
GES
HCN
HEI
HUB.A
LAZ
LO
MCK
TAP
NCMI
NMM
NFBK
NWE
NVE
PETM
KWR
VNR
WES

Ex-Div
8/10/11
11/15/10
12/8/10
9/13/10
2/24/11
5/12/11
11/3/10
6/8/11
4/4/11
9/30/10
1/28/11
11/23/10
2/21/11
9/16/10
11/29/10
12/6/10
5/6/11
7/1/11
4/11/11
5/4/11
2/25/11
6/8/11
6/2/11
11/16/10
2/7/11
5/9/11
3/11/11
12/3/10
7/27/11
7/13/11
2/3/2011
1/28/11

Note
Being Acquired
2011 Pmt.=Year 4

Also CMCSK

Also Class B

Also Class A

&
&

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