Dividend Growth Advisors

Dividend Assets Capital as of Dec. 31, 2012

Portfolio Holdings for Dividend Assets Capital

Dividend Assets Capital holds 0 positions in its portfolio as reported in the December 2012 quarterly 13F filing

                FORM 13F INFORMATION TABLE

                                                  			 INVEST-  OTHER   VOTING
NAME OF         	TITLE   	CUSIP  	 	VALUE  	 SHRS 	 MENT  	  MANA-   AUTHORITY
ISSUER          	CLASS           		(X$1000)       	 DISCRE   GERS    SOLE

{S}			{C}     	{C}		{C}	 {C}     {C}	  {C}   {C}


3M CO.			COM		88579Y101	208	2244	Sole 	 N/A	2244
ABBOTT LABS		COM		2824100		411	6279	Sole 	 N/A	6279
AFLAC INC.		COM		1055102		1485	27951	Sole 	 N/A	27951
AIR PRODS & CHEMS INC.	COM		9158106		668	7956	Sole 	 N/A	7956
ALERIAN ML ETN JPM 	ALERIAN ML ETN	46625H365	285	7412	Sole 	 N/A	7412
ALLIANCE RES PARTNER 	UT LTD PART	01877R108	320	5516	Sole 	 N/A	5516
APPLE INC.		COM		37833100	688	1293	Sole 	 N/A	1293
APPLE INC.		COM		37833100	37	70	Defined  N/A	70
APTARGROUP INC.		COM		38336103	1599	33505	Sole 	 N/A	33505
AT^T INC.		COM		00206R102	631	18728	Sole 	 N/A	18728
AT^T INC.		COM		00206R102	3	102	Defined  N/A	102
AUTOMATIC DATA 		COM		53015103	25883	454642	Sole 	 N/A	454642
BALL CORP.		COM		58498106	526	11760	Sole 	 N/A	11760
BANK OF AMERICA 	COM		60505104	161	13827	Sole 	 N/A	13827
BANK OF THE OZARKS 	COM		63904106	1082	32317	Sole 	 N/A	32317
BANK OF THE OZARKS 	COM		63904106	3	100	Defined  N/A	100
BECTON DICKINSON & 	COM		75887109	308	3945	Sole 	 N/A	3945
BIOGEN IDEC INC.	COM		09062X103	308	2106	Sole 	 N/A	2106
BOEING CO.		COM		97023105	390	5180	Sole 	 N/A	5180
BP PLC.			SPONSORED ADR	55622104	226	5429	Sole 	 N/A	5429
BREITBURN ENERGY 	COM UT LTD PTN	106776107	2814	152332	Sole 	 N/A	152332
CANADIAN NAT RES LTD.	COM		136385101	313	10835	Sole 	 N/A	10835
CANADIAN NATL RAILWAY 	COM		136375102	23395	257061	Sole 	 N/A	257061
CANADIAN NATL RAILWAY 	COM		136375102	97	1065	Defined  N/A	1065
CARDINAL HEALTH INC.	COM		14149Y108	26543	644554	Sole 	 N/A	644554
CATERPILLAR INC.	COM		149123101	945	10550	Sole 	 N/A	10550
CATERPILLAR INC.	COM		149123101	6	70	Defined  N/A	70
CENTURYLINK INC.	COM		156700106	2727	69714	Sole 	 N/A	69714
CHEVRON CORP.		COM		166764100	1570	14514	Sole 	 N/A	14514
CHURCH & DWIGHT INC.	COM		171340102	26589	496342	Sole 	 N/A	496342
COCA COLA CO.		COM		191216100	2547	70253	Sole 	 N/A	70253
COLGATE PALMOLIVE CO.	COM		194162103	576	5513	Sole 	 N/A	5513
CONOCOPHILLIPS		COM		20825C104	279	4819	Sole 	 N/A	4819
DCP MIDSTREAM 		COM UT LTD PTN	23311P100	1340	32095	Sole 	 N/A	32095
DISNEY WALT CO.		COM DISNEY	254687106	235	4722	Sole 	 N/A	4722
DISNEY WALT CO.		COM DISNEY	254687106	2	48	Defined  N/A	48
DOMINION RES INC VA	COM		25746U109	298	5751	Sole 	 N/A	5751
DUKE ENERGY CORP.	COM NEW		26441C204	207	3243	Sole 	 N/A	3243
ECOLAB INC.		COM		278865100	18071	251340	Sole 	 N/A	251340
EL PASO PIPELINE 	COM UNIT LPI	283702108	22036	596043	Sole 	 N/A	596043
EL PASO PIPELINE 	COM UNIT LPI	283702108	111	3000	Defined  N/A	3000
EMERSON ELEC CO.	COM		291011104	1278	24125	Sole 	 N/A	24125
ENBRIDGE ENERGY 	COM		29250R106	16405	587994	Sole 	 N/A	587994
ENERGY TRANSFER 	COM UT LTD PTN	29273V100	21739	477986	Sole 	 N/A	477986
ENERGY TRANSFER 	COM UT LTD PTN	29273V100	91	2000	Defined  N/A	2000
ENERGY TRANSFER 	UNIT LTD PARTN	29273R109	10053	234161	Sole 	 N/A	234161
ENERGY TRANSFER 	UNIT LTD PARTN	29273R109	86	2000	Defined  N/A	2000
ENTERPRISE PRODUCTS 	COM		293792107	43767	873940	Sole 	 N/A	873940
ENTERPRISE PRODUCTS 	COM		293792107	373	7445	Defined  N/A	7445
EOG RESOURCES INC.	COM		26875P101	20205	167275	Sole 	 N/A	167275
EOG RESOURCES INC.	COM		26875P101	2	15	Defined  N/A	15
EQT CORP.		COM		26884L109	258	4370	Sole 	 N/A	4370
EV ENERGY PARTNERS 	COM UNITS	26926V107	266	4700	Sole 	 N/A	4700
EXXON MOBIL CORP.	COM		30231G102	4262	49243	Sole 	 N/A	49243
EXXON MOBIL CORP.	COM		30231G102	14	163	Defined  N/A	163
FACTSET RESEARCH SYS 	COM		303075105	19055	216386	Sole 	 N/A	216386
FAMILY DOLLAR STORES 	COM		307000109	11636	183505	Sole 	 N/A	183505
FASTENAL CO.		COM		311900104	4925	105565	Sole 	 N/A	105565
FASTENAL CO.		COM		311900104	47	1000	Defined  N/A	1000
FRANKLIN RES INC.	COM		354613101	20360	161975	Sole 	 N/A	161975
GENERAL ELECTRIC CO.	COM		369604103	1399	66629	Sole 	 N/A	66629
GENERAL ELECTRIC CO.	COM		369604103	118	5608	Defined  N/A	5608
GENESIS ENERGY LP.	UNIT LTD PARTN	371927104	4144	116020	Sole 	 N/A	116020
GENESIS ENERGY LP.	UNIT LTD PARTN	371927104	11	300	Defined  N/A	300
HARRIS CORP.		COM		413875105	21469	438498	Sole 	 N/A	438498
HARRIS CORP.		COM		413875105	9	175	Defined  N/A	175
HCC INSURANCE HLDGS 	COM		404132102	29278	786844	Sole 	 N/A	786844
HOLLY ENERGY 		COM UT LTD PTN	435763107	2469	37530	Sole 	 N/A	37530
ILLINOIS TOOL WKS INC.	COM		452308109	1464	24082	Sole 	 N/A	24082
INTL BUSINESS MACHS 	COM		459200101	38455	200758	Sole 	 N/A	200758
INTL BUSINESS MACHS 	COM		459200101	134	702	Defined  N/A	702
ISHARES BARCLAYS AGG 	CORETOTUSBD ETF	464287226	412	3705	Sole 	 N/A	3705
ISHARES BARCLAYS TIPS 	BARCLYS TIPS BD	464287176	20419	168185	Sole 	 N/A	168185
ISHARES BARCLAYS TIPS 	BARCLYS TIPS BD	464287176	170	1400	Defined  N/A	1400
JOHNSON & JOHNSON	COM		478160104	1324	18881	Sole 	 N/A	18881
JOHNSON & JOHNSON	COM		478160104	23	323	Defined  N/A	323
JPMORGAN CHASE & CO.	COM		46625H100	771	17531	Sole 	 N/A	17531
KINDER MORGAN 		SHS		49455U100	855	11326	Sole 	 N/A	11326
KINDER MORGAN ENERGY 	UT LTD PARTNER	494550106	9528	119412	Sole 	 N/A	119412
LEGACY RESERVES LP.	UNIT LP INT	524707304	2425	101900	Sole 	 N/A	101900
LEGGETT & PLATT INC.	COM		524660107	2170	79730	Sole 	 N/A	79730
LINEAR TECHNOLOGY 	COM		535678106	219	6380	Sole 	 N/A	6380
LINN ENERGY LLC.	UNIT LTD LIAB	536020100	36323	1030729	Sole 	 N/A	1030729
LINN ENERGY LLC.	UNIT LTD LIAB	536020100	329	9350	Defined  N/A	9350
MAGELLAN MIDSTREAM 	COM UNIT RP LP	559080106	52196	1208527	Sole 	 N/A	1208527
MAGELLAN MIDSTREAM 	COM UNIT RP LP	559080106	407	9434	Defined  N/A	9434
MARKWEST ENERGY 	UNIT LTD PARTN	570759100	14096	276330	Sole 	 N/A	276330
MCCORMICK & CO INC.	COM NON VTG	579780206	22284	350762	Sole 	 N/A	350762
MCCORMICK & CO INC.	COM NON VTG	579780206	11	181	Defined  N/A	181
MCDONALDS CORP.		COM		580135101	29996	340055	Sole 	 N/A	340055
MCDONALDS CORP.		COM		580135101	88	1000	Defined  N/A	1000
MERCK & CO INC.		COM		58933Y105	245	5990	Sole 	 N/A	5990
MFS INVT GRADE MUN TR 	SH BEN INT	59318B108	136	13000	Sole 	 N/A	13000
MICROSOFT CORP.		COM		594918104	234	8755	Sole 	 N/A	8755
MINE SAFETY APPLIANCES 	COM		602720104	14485	339137	Sole 	 N/A	339137
MONSANTO CO.		COM		61166W101	26903	284233	Sole 	 N/A	284233
NATURAL RESOURCE 	COM UNIT L P	63900P103	9194	495906	Sole 	 N/A	495906
NORFOLK SOUTHERN 	COM		655844108	4581	74073	Sole 	 N/A	74073
NOVO-NORDISK A/S.	ADR		670100205	42936	263071	Sole 	 N/A	263071
NOVO-NORDISK A/S.	ADR		670100205	333	2040	Defined  N/A	2040
NU SKIN ENTERPRISES 	CL A		67018T105	513	13835	Sole 	 N/A	13835
NU SKIN ENTERPRISES 	CL A		67018T105	1	35	Defined  N/A	35
NUCOR CORP.		COM		670346105	916	21220	Sole 	 N/A	21220
NUSTAR ENERGY LP.	UNIT COM	67058H102	3020	71083	Sole 	 N/A	71083
NUSTAR GP HOLDINGS 	UNIT RESTG LLC	67059L102	2167	78242	Sole 	 N/A	78242
OCCIDENTAL PETE CORP.	COM		674599105	297	3881	Sole 	 N/A	3881
OFFICE DEPOT INC.	COM		676220106	77	23500	Sole 	 N/A	23500
ONEOK PARTNERS LP.	UNIT LTD PARTN	68268N103	12917	239254	Sole 	 N/A	239254
ORACLE CORP.		COM		68389X105	213	6400	Sole 	 N/A	6400
PARK STERLING CORP.	COM		70086Y105	1107	211628	Sole 	 N/A	211628
PARKER-HANNIFIN CORP.	COM		701094104	20502	241025	Sole 	 N/A	241025
PARKER-HANNIFIN CORP.	COM		701094104	9	100	Defined  N/A	100
PEPSICO INC.		COM		713448108	2903	42416	Sole 	 N/A	42416
PEPSICO INC.		COM		713448108	68	1000	Defined  N/A	1000
PFIZER INC.		COM		717081103	277	11057	Sole 	 N/A	11057
PHILIP MORRIS INTL INC.	COM		718172109	555	6637	Sole 	 N/A	6637
PHILIP MORRIS INTL INC.	COM		718172109	42	506	Defined  N/A	506
PLAINS ALL AMERN 	UNIT LTD PARTN	726503105	40238	889426	Sole 	 N/A	889426
PNC FINL SVCS GROUP 	COM		693475105	231	3966	Sole 	 N/A	3966
POLARIS INDUSTRIES INC.	COM		731068102	30380	361028	Sole 	 N/A	361028
POLARIS INDUSTRIES INC.	COM		731068102	7	80	Defined  N/A	80
PPG INDS INC.		COM		693506107	284	2100	Sole 	 N/A	2100
PRAXAIR INC.		COM		74005P104	22827	208561	Sole 	 N/A	208561
PROCTER & GAMBLE CO.	COM		742718109	2450	36089	Sole 	 N/A	36089
PVR PARTNERS LP		COM UNIT REPTG	693665101	569	21910	Sole 	 N/A	21910
REGENCY ENERGY 		COM UNITS L P	75885Y107	1992	91860	Sole 	 N/A	91860
RENTECH NITROGEN 	COM UNIT	760113100	13639	361866	Sole 	 N/A	361866
RENTECH NITROGEN 	COM UNIT	760113100	8	200	Defined  N/A	200
ROPER INDUSTRIES INC.	COM		776696106	26186	234897	Sole 	 N/A	234897
ROPER INDUSTRIES INC.	COM		776696106	76	678	Defined  N/A	678
ROSS STORES INC.	COM		778296103	25072	463530	Sole 	 N/A	463530
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	300	4357	Sole 	 N/A	4357
ROYAL GOLD INC		COM		780287108	10865	133545	Sole 	 N/A	133545
ROYAL GOLD INC		COM		780287108	5	65	Defined  N/A	65
SANOFI			SPONS ADR	80105N105	494	10430	Sole 	 N/A	10430
SANOFI			SPONS ADR	80105N105	1	15	Defined  N/A	15
SCBT FINANCIAL CORP.	COM		78401V102	300	7473	Sole 	 N/A	7473
SCHLUMBERGER LTD.	COM		806857108	282	4076	Sole 	 N/A	4076
SCHLUMBERGER LTD.	COM		806857108	2	26	Defined  N/A	26
SHERWIN-WILLIAMS CO.	COM		824348106	16078	104525	Sole 	 N/A	104525
SOUTHERN CO.		COM		842587107	209	4879	Sole 	 N/A	4879
SUNOCO LOGISTICS 	COM UNITS	86764L108	50245	1010353	Sole 	 N/A	1010353
SUNTRUST BKS INC.	COM		867914103	612	21604	Sole 	 N/A	21604
TELEFLEX INC.		COM		879369106	1486	20835	Sole 	 N/A	20835
TESORO LOGISTICS LP.	COM UNIT LP	88160T107	495	11300	Sole 	 N/A	11300
TEVA PHARMACEUTICAL 	ADR		881624209	15457	413958	Sole 	 N/A	413958
TEVA PHARMACEUTICAL 	ADR		881624209	149	4000	Defined  N/A	4000
TJX COMPANIES INC.	COM		872540109	25881	609681	Sole 	 N/A	609681
TJX COMPANIES INC.	COM		872540109	2	45	Defined  N/A	45
UNION PAC CORP.		COM		907818108	513	4082	Sole 	 N/A	4082
UNITED TECHNOLOGIES 	COM		913017109	5724	69798	Sole 	 N/A	69798
UNS ENERGY CORP.	COM		903119105	1020	24035	Sole 	 N/A	24035
V.F. CORP.		COM		918204108	27110	179574	Sole 	 N/A	179574
V.F. CORP.		COM		918204108	14	90	Defined  N/A	90
VALSPAR CORP.		COM		920355104	23885	382775	Sole 	 N/A	382775
VALSPAR CORP.		COM		920355104	8	125	Defined  N/A	125
VERIZON 		COM		92343V104	449	10386	Sole 	 N/A	10386
VODAFONE GROUP PLC.	SPONS ADR NEW	92857W209	22336	886708	Sole 	 N/A	886708
VODAFONE GROUP PLC.	SPONS ADR NEW	92857W209	50	2000	Defined  N/A	2000
W P CAREY INC.		COM		92936U109	235	4500	Sole 	 N/A	4500
W.W. GRAINGER INC.	COM		384802104	20885	103200	Sole 	 N/A	103200
WAL-MART STORES INC.	COM		931142103	2098	30744	Sole 	 N/A	30744
WAL-MART STORES INC.	COM		931142103	68	1000	Defined  N/A	1000
WATSCO INC.		COM		942622200	847	11305	Sole 	 N/A	11305
WELLS FARGO & CO.	COM		949746101	284	8300	Sole 	 N/A	8300
WESTERN GAS PARTNERS 	COM UNIT LP IN	958254104	11498	241407	Sole 	 N/A	241407
WILLIAMS PARTNERS LP.	COM UNIT L P	96950F104	27086	556639	Sole 	 N/A	556639
WILLIAMS PARTNERS LP.	COM UNIT L P	96950F104	355	7300	Defined  N/A	7300




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