Dillon & Associates, Inc." as of March 31, 2012
Portfolio Holdings for Dillon & Associates, Inc."
Dillon & Associates, Inc." holds 0 positions in its portfolio as reported in the March 2012 quarterly 13F filing
FORM 13F INFORMATION TABLE
Value Shares/ SH/ Put/ INVSTMT Other Voting Authority
Name of Issuer Title of Class CUSIP (x$1000) PRN Amt PRN Call DSCRETN Managers Sole Shared None
{S} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C} {C}
Abbott Labs com 002824100 "7,970" "130,655" other 0 "17,775" 0 "112,880"
Air Products & Chemicals com 009158106 "4,343" "47,211" other 0 "5,350" 0 "41,861"
Amgen com 031162100 309 "4,545" other 0 500 0 "4,045"
"Apple, Inc" com 037833100 "9,076" "15,127" other 0 "2,730" 0 "12,397"
Automatic Data Processing com 053015103 "6,201" "112,754" other 0 "15,484" 0 "97,270"
BHP Billiton Ltd. com 088606108 463 "6,425" other 0 "1,000" 0 "5,425"
CAMAC Energy com 131745101 15 "15,000" other 0 0 0 "15,000"
Canadian Nat'l Railway com 136375102 "2,874" "36,375" other 0 "7,425" 0 "28,950"
Celgene Corp. com 151020104 220 "2,820" other 0 50 0 "2,770"
Cenovous Energy Inc com 15135u109 "1,108" "30,790" other 0 "3,900" 0 "26,890"
Chevron Corporation com 166764100 300 "2,807" other 0 750 0 "2,057"
Cisco Systems com 17275R102 685 "32,627" other 0 "5,800" 0 "26,827"
Citrix Systems com 177376100 495 "6,270" other 0 575 0 "5,695"
Coca-Cola com 191216100 "1,386" "18,726" other 0 600 0 "18,126"
Colgate-Palmolive com 194162103 "8,667" "88,437" other 0 "14,400" 0 "74,037"
ConocoPhillips com 20825C104 226 "2,975" other 0 0 0 "2,975"
Core Laboratories N.V. com N22717107 601 "4,550" other 0 "1,000" 0 "3,550"
Dentsply International Inc. com 249030107 322 "8,050" other 0 "1,750" 0 "6,300"
Diageo PLC com 25243Q205 "1,399" "14,575" other 0 825 0 "13,750"
Eaton Corporation com 278058102 427 "8,543" other 0 0 0 "8,543"
Emerson Electric com 291011104 "2,968" "57,080" other 0 "5,950" 0 "51,130"
Encana Corp. com 292505104 212 "10,600" other 0 "3,450" 0 "7,150"
Expeditors Intl Wash. Inc. com 302130109 "1,663" "35,385" other 0 "6,025" 0 "29,360"
Exxon-Mobil com 30231G102 843 "9,687" other 0 250 0 "9,437"
FedEx Corp. com 31428x106 462 "5,017" other 0 250 0 "4,767"
General Electric com 369604103 282 "14,078" other 0 0 0 "14,078"
Google Inc. com 38259P508 "2,771" "4,323" other 0 900 0 "3,423"
Heinz H. J. com 423074103 362 "6,700" other 0 0 0 "6,700"
Home Depot com 437076102 "1,120" "22,400" other 0 "1,550" 0 "20,850"
IBM com 459200101 "1,831" "8,760" other 0 950 0 "7,810"
Johnson & Johnson com 478160104 "5,567" "84,349" other 0 "10,100" 0 "74,249"
Kellogg Co. com 487836108 691 "12,800" other 0 0 0 "12,800"
Linear Technology com 535678106 "5,271" "155,042" other 0 "20,825" 0 "134,217"
Lowe's Cos. com 548661107 "2,111" "68,081" other 0 "14,650" 0 "53,431"
McDonald's Corp. com 580135101 "3,815" "38,930" other 0 "3,550" 0 "35,380"
Merck & Co. Inc. com 58933Y105 253 "6,650" other 0 0 0 "6,650"
Microsoft com 594918104 "1,308" "40,862" other 0 "8,500" 0 "32,362"
NextEra Energy Inc. com 65339F101 330 "5,411" other 0 0 0 "5,411"
Norfolk Southern Corp com 655844108 "2,041" "30,931" other 0 "2,500" 0 "28,431"
Novartis AG ADS com 66987v109 "2,334" "42,428" other 0 "4,198" 0 "38,230"
Novo-Nordisk A-S ADR com 670100205 "1,234" "8,875" other 0 "1,250" 0 "7,625"
Oracle Corp. com 68389x105 "1,395" "48,119" other 0 "6,375" 0 "41,744"
Paychex Inc. com 704326107 "4,645" "149,833" other 0 "21,250" 0 "128,583"
Pepisco com 713448108 "6,465" "97,948" other 0 "14,775" 0 "83,173"
Phillip Morris International com 718172109 329 "3,700" other 0 0 0 "3,700"
Procter & Gamble com 742718109 "6,087" "90,845" other 0 "11,325" 0 "79,520"
Qualcomm Inc. com 747525103 "8,321" "122,369" other 0 "18,050" 0 "104,319"
SandRidge Energy Inc. com 80007P307 121 "15,168" other 0 0 0 "15,168"
Sanofi Value Right right 80105N113 11 "10,610" other 0 "2,000" 0 "8,610"
Schlumberger com 806857108 "3,842" "54,891" other 0 "7,410" 0 "47,481"
State Street Corp. com 857477103 302 "6,565" other 0 650 0 "5,915"
Stryker Corp. com 863667101 "7,236" "131,567" other 0 "18,850" 0 "112,717"
Suncor Energy com 867229109 "1,568" "47,525" other 0 "8,900" 0 "38,625"
Sysco Corp. com 871829107 "7,122" "237,396" other 0 "31,790" 0 "205,606"
Target Corp. com 87612E106 "1,440" "24,834" other 0 "4,300" 0 "20,534"
Teva Pharmaceuticals com 881624209 "1,975" "43,879" other 0 "5,325" 0 "38,554"
United Parcel com 911312106 "2,096" "25,875" other 0 "3,775" 0 "22,100"
United Technologies com 913017109 "3,330" "40,118" other 0 "5,925" 0 "34,193"
VISA Inc. com 92826C839 "1,446" "12,255" other 0 "1,550" 0 "10,705"
Walgreen com 931422109 "1,056" "32,008" other 0 "2,150" 0 "29,858"
Wal-Mart Stores com 931142103 "1,320" "21,646" other 0 600 0 "21,046"