Dividend Growth Advisors

Dividend Assets Capital as of March 31, 2013

Portfolio Holdings for Dividend Assets Capital

Dividend Assets Capital holds 0 positions in its portfolio as reported in the March 2013 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	239	2244	SOLE 	N/A	2244
ABBOTT LABS		COM		002824100	218	6181	SOLE 	N/A	6181
ABBVIE INC              COM		00287Y109	252	6181	SOLE 	N/A	6181
AFLAC INC.		COM		001055102	1443	27736	SOLE 	N/A	27736
AIR PRODS & CHEMS INC.	COM		009158106	656	7526	SOLE 	N/A	7526
JP MORGAN & CO		ALERIAN ML ETN	46625H365	337	7412	SOLE 	N/A	7412
ALLIANCE RES PARTNER 	UT LTD PART	01877R108	349	5476	SOLE 	N/A	5476
APPLE INC.		COM		037833100	501	1132	SOLE 	N/A	1132
APPLE INC.		COM		037833100	31	70	DEFINED N/A	70
APTARGROUP INC.		COM		038336103	1771	30880	SOLE 	N/A	30880
AT^T INC.		COM		00206R102	680	18528	SOLE 	N/A	18528
AT^T INC.		COM		00206R102	4	102	DEFINED N/A	102
AUTOMATIC DATA 		COM		053015103	40963	629904	SOLE 	N/A	629904
BALL CORP.		COM		058498106	560	11760	SOLE 	N/A	11760
BANK OF AMERICA 	COM		060505104	168	13827	SOLE 	N/A	13827
BANK OF THE OZARKS 	COM		063904106	1881	42415	SOLE 	N/A	42415
BANK OF THE OZARKS 	COM		063904106	4	100	DEFINED N/A	100
BECTON DICKINSON & 	COM		075887109	338	3530	SOLE 	N/A	3530
BIOGEN IDEC INC.	COM		09062X103	406	2106	SOLE 	N/A	2106
BOEING CO.		COM		097023105	445	5180	SOLE 	N/A	5180
BP PLC.			SPONS ADR	055622104	217	5129	SOLE 	N/A	5129
BREITBURN ENERGY 	COM UT LTD PTN	106776107	3240	161652	SOLE 	N/A	161652
BRISTOL MYERS SQUIBB 	COM		110122108	234	5675	SOLE 	N/A	5675
CANADIAN NATL RAILWAY 	COM		136375102	41686	415612	SOLE 	N/A	415612
CANADIAN NATL RAILWAY 	COM		136375102	107	1065	DEFINED N/A	1065
CARDINAL HEALTH INC.	COM		14149Y108	34373	825877	SOLE 	N/A	825877
CATERPILLAR INC.	COM		149123101	791	9090	SOLE 	N/A	9090
CATERPILLAR INC.	COM		149123101	6	70	DEFINED N/A	70
CENTURYLINK INC.	COM		156700106	2124	60452	SOLE 	N/A	60452
CHEVRON CORP.		COM		166764100	1696	14270	SOLE 	N/A	14270
CHURCH & DWIGHT INC.	COM		171340102	39896	617303	SOLE 	N/A	617303
COCA COLA CO.		COM		191216100	1007	24913	SOLE 	N/A	24913
COLGATE PALMOLIVE CO.	COM		194162103	647	5,482	SOLE 	N/A	5,482
CONOCOPHILLIPS		COM		20825C104	296	4919	SOLE 	N/A	4919
DANAHER CORP DEL	COM		235851102	32947	530115	SOLE 	N/A	530115
DCP MIDSTREAM 		COM UT LTD PTN	23311P100	1300	27890	SOLE 	N/A	27890
DISNEY WALT CO.		COM DISNEY	254687106	325	5722	SOLE 	N/A	5722
DISNEY WALT CO.		COM DISNEY	254687106	3	48	DEFINED N/A	48
DOMINION RES INC VA	COM		25746U109	335	5751	SOLE 	N/A	5751
DU PONT E I DE NEMOURS 	COM		263534109	200	4077	SOLE 	N/A	4077
ECOLAB INC.		COM		278865100	38748	483262	SOLE 	N/A	483262
EL PASO PIPELINE 	COM UNIT LPI	283702108	32899	750083	SOLE 	N/A	750083
EL PASO PIPELINE 	COM UNIT LPI	283702108	132	3000	DEFINED N/A	3000
EMERSON ELEC CO.	COM		291011104	1325	23711	SOLE 	N/A	23711
ENBRIDGE ENERGY 	COM		29250R106	16832	558458	SOLE 	N/A	558458
ENERGY TRANSFER 	UNIT LTD PART	29273R109	11434	225560	SOLE 	N/A	225560
ENERGY TRANSFER 	UNIT LTD PART	29273R109	101	2000	DEFINED N/A	2000
ENERGY TRANSFER 	COM UT LTD PTN	29273V100	33547	573657	SOLE 	N/A	573657
ENERGY TRANSFER 	COM UT LTD PTN	29273V100	117	2000	DEFINED N/A	2000
ENTERPRISE PRODUCTS 	COM		293792107	59207	982038	SOLE 	N/A	982038
ENTERPRISE PRODUCTS 	COM		293792107	449	7445	DEFINED N/A	7445
EOG RESOURCES INC.	COM		26875P101	38639	301705	SOLE 	N/A	301705
EOG RESOURCES INC.	COM		26875P101	4	35	DEFINED N/A	35
EQT CORP.		COM		26884L109	296	4370	SOLE 	N/A	4370
EV ENERGY PARTNERS 	COM UNITS	26926V107	256	4700	SOLE 	N/A	4700
EXXON MOBIL CORP.	COM		30231G102	4408	48922	SOLE 	N/A	48922
EXXON MOBIL CORP.	COM		30231G102	15	163	DEFINED N/A	163
FAB UNVL CORP		COM		302771100	43	11325	SOLE 	N/A	11325
FACTSET RESEARCH SYS 	COM		303075105	27798	300197	SOLE 	N/A	300197
FAMILY DOLLAR STORES 	COM		307000109	15635	264775	SOLE 	N/A	264775
FLUOR CORP.		COM		343412102	213	3211	SOLE 	N/A	3211
FRANKLIN RES INC.	COM		354613101	36857	244395	SOLE 	N/A	244395
GENERAL ELECTRIC CO.	COM		369604103	1514	65500	SOLE 	N/A	65500
GENERAL ELECTRIC CO.	COM		369604103	130	5608	DEFINED N/A	5608
GENESIS ENERGY LP.	UNIT LTD PART	371927104	22381	464150	SOLE 	N/A	464150
GENESIS ENERGY LP.	UNIT LTD PART	371927104	14	300	DEFINED N/A	300
HARRIS CORP.		COM		413875105	31760	685370	SOLE 	N/A	685370
HARRIS CORP.		COM		413875105	8	175	DEFINED N/A	175
HCC INSURANCE HLDGS 	COM		404132102	40905	973233	SOLE 	N/A	973233
HOLLY ENERGY 		COM UT LTD PTN	435763107	3272	81600	SOLE 	N/A	81600
HORMEL FOODS CORP	COM		440452100	23304	563980	SOLE 	N/A	563980
ILLINOIS TOOL WKS INC.	COM		452308109	1394	22870	SOLE 	N/A	22870
INTL BUSINESS MACHS 	COM		459200101	57168	268018	SOLE 	N/A	268018
INTL BUSINESS MACHS 	COM		459200101	151	707	DEFINED N/A	707
ISHARES BARCLAYS AGG 	CORE TOTUS ETF	464287226	41	3705	SOLE 	N/A	3705
ISHARES BARCLAYS TIPS 	BRCLYS TIPS BD	464287176	18111	149345	SOLE 	N/A	149345
ISHARES BARCLAYS TIPS 	BRCLYS TIPS BD	464287176	176	1450	DEFINED N/A	1450
JOHNSON & JOHNSON	COM		478160104	1555	19076	SOLE 	N/A	19076
JOHNSON & JOHNSON	COM		478160104	26	323	DEFINED N/A	323
JPMORGAN CHASE & CO.	COM		46625H100	832	17531	SOLE 	N/A	17531
KINDER MORGAN 		SHS		49455U100	961	10936	SOLE 	N/A	10936
KINDER MORGAN ENERGY 	UT LTD PART	494550106	11072	123342	SOLE 	N/A	123342
LEGACY RESERVES LP.	UNIT LP INT	524707304	3522	127540	SOLE 	N/A	127540
LEGGETT & PLATT INC.	COM		524660107	2605	77130	SOLE 	N/A	77130
LINN ENERGY LLC.	UNIT LTD LIAB	536020100	43663	1149946	SOLE 	N/A	1149946
LINN ENERGY LLC.	UNIT LTD LIAB	536020100	355	9350	DEFINED N/A	9350
MAGELLAN MIDSTREAM 	COM UNIT RP LP	559080106	69887	1308007	SOLE 	N/A	1308007
MAGELLAN MIDSTREAM 	COM UNIT RP LP	559080106	504	9434	DEFINED N/A	9434
MARKWEST ENERGY 	UNIT LTD PART	570759100	17046	280595	SOLE 	N/A	280595
MCCORMICK & CO INC.	COM NON VTG	579780206	35069	476810	SOLE 	N/A	476810
MCCORMICK & CO INC.	COM NON VTG	579780206	13	181	DEFINED N/A	181
MCDONALDS CORP.		COM		580135101	41098	412258	SOLE 	N/A	412258
MCDONALDS CORP.		COM		580135101	100	1000	DEFINED N/A	1000
MERCK & CO INC.		COM		58933Y105	265	5990	SOLE 	N/A	5990
MICROSOFT CORP.		COM		594918104	238	8310	SOLE 	N/A	8310
MINE SAFETY APPLIANCES 	COM		602720104	18476	372356	SOLE 	N/A	372356
MONSANTO CO.		COM		61166W101	34865	330070	SOLE 	N/A	330070
NATURAL RESOURCE 	COM UNIT LP	63900P103	11383	486469	SOLE 	N/A	486469
NORFOLK SOUTHERN 	COM		655844108	1400	18159	SOLE 	N/A	18159
NOVO-NORDISK A/S.	ADR		670100205	54875	339782	SOLE 	N/A	339782
NOVO-NORDISK A/S.	ADR		670100205	329	2040	DEFINED N/A	2040
NUCOR CORP.		COM		670346105	679	14715	SOLE 	N/A	14715
NUSTAR ENERGY LP.	UNIT COM	67058H102	3643	68304	SOLE 	N/A	68304
NUSTAR GP HOLDINGS 	UNIT RESTG LLC	67059L102	2435	74919	SOLE 	N/A	74919
NUVEEN NY AMT-FREE 	COM		670656107	181	12543	SOLE 	N/A	12543
OCCIDENTAL PETE CORP.	COM		674599105	307	3921	SOLE 	N/A	3921
ONEOK PARTNERS LP.	UNIT LTD PART	68268N103	20765	361759	SOLE 	N/A	361759
PARK STERLING CORP.	COM		70086Y105	1063	188387	SOLE 	N/A	188387
PARKER-HANNIFIN CORP.	COM		701094104	34514	376875	SOLE 	N/A	376875
PARKER-HANNIFIN CORP.	COM		701094104	11	115	DEFINED N/A	115
PEPSICO INC.		COM		713448108	2800	35391	SOLE 	N/A	35391
PEPSICO INC.		COM		713448108	79	1000	DEFINED N/A	1000
PFIZER INC.		COM		717081103	319	11057	SOLE 	N/A	11057
PHILIP MORRIS INTL INC.	COM		718172109	615	6637	SOLE 	N/A	6637
PHILIP MORRIS INTL INC.	COM		718172109	47	506	DEFINED N/A	506
PLAINS ALL AMERN 	UNIT LTD PART	726503105	59804	1058860	SOLE 	N/A	1058860
PNC FINL SVCS GROUP 	COM		693475105	279	4191	SOLE 	N/A	4191
POLARIS INDUSTRIES INC.	COM		731068102	42406	458494	SOLE 	N/A	458494
POLARIS INDUSTRIES INC.	COM		731068102	7	80	DEFINED N/A	80
PPG INDS INC.		COM		693506107	281	2100	SOLE 	N/A	2100
PRAXAIR INC.		COM		74005P104	34610	310297	SOLE 	N/A	310297
PRICE T ROWE GROUP 	COM		74144T108	33378	445810	SOLE 	N/A	445810
PROCTER & GAMBLE CO.	COM		742718109	2659	34511	SOLE 	N/A	34511
PUBLIC SVC ENTERPRISE 	COM		744573106	222	6470	SOLE 	N/A	6470
PVR PARTNERS LP	COM UNIT REPTG L	693665101	528	21910	SOLE 	N/A	21910
REGENCY ENERGY 		COM UNITS LP	75885Y107	2025	80735	SOLE 	N/A	80735
RENTECH NITROGEN 	COM UNIT	760113100	16746	466716	SOLE 	N/A	466716
RENTECH NITROGEN 	COM UNIT	760113100	7,176	200	DEFINED N/A	200
ROPER INDUSTRIES INC.	COM		776696106	40969	321809	SOLE 	N/A	321809
ROPER INDUSTRIES INC.	COM		776696106	86	678	DEFINED N/A	678
ROSS STORES INC.	COM		778296103	18740	309145	SOLE 	N/A	309145
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	284	4357	SOLE 	N/A	4357
ROYAL GOLD INC		COM		780287108	9471	133345	SOLE 	N/A	133345
ROYAL GOLD INC		COM		780287108	5	65	DEFINED N/A	65
SANOFI			SPONS ADR	80105N105	1601	31340	SOLE 	N/A	31340
SANOFI			SPONS ADR	80105N105	2	40	DEFINED N/A	40
SCHLUMBERGER LTD.	COM		806857108	305	4076	SOLE 	N/A	4076
SCHLUMBERGER LTD.	COM		806857108	2	26	DEFINED N/A	26
SHERWIN-WILLIAMS CO.	COM		824348106	32546	192705	SOLE 	N/A	192705
SOUTHERN CO.		COM		842587107	229	4879	SOLE 	N/A	4879
SUNOCO LOGISTICS 	COM UNITS	86764L108	71237	1089250	SOLE 	N/A	1089250
SUNTRUST BKS INC.	COM		867914103	718	24939	SOLE 	N/A	24939
TEEKAY OFFSHORE 	PART UN	Y	8565J101	289	9585	SOLE 	N/A	9585
TELEFLEX INC.		COM		879369106	1672	19790	SOLE 	N/A	19790
TESORO LOGISTICS LP.	COM UNIT LP	88160T107	1732	32090	SOLE 	N/A	32090
TEVA PHARMACEUTICAL 	ADR		881624209	11903	299983	SOLE 	N/A	299983
TEVA PHARMACEUTICAL 	ADR		881624209	159	4000	DEFINED N/A	4000
TJX COMPANIES INC.	COM		872540109	41088	878893	SOLE 	N/A	878893
TJX COMPANIES INC.	COM		872540109	3	55	DEFINED N/A	55
UNION PAC CORP.		COM		907818108	581	4082	SOLE 	N/A	4082
UNITED TECHNOLOGIES 	COM		913017109	6026	64503	SOLE 	N/A	64503
UNS ENERGY CORP.	COM		903119105	1359	27765	SOLE 	N/A	27765
V.F. CORP.		COM		918204108	40646	242304	SOLE 	N/A	242304
V.F. CORP.		COM		918204108	15	90	DEFINED N/A	90
VALSPAR CORP.		COM		920355104	33187	533120	SOLE 	N/A	533120
VALSPAR CORP.		COM		920355104	8	125	DEFINED N/A	125
VERIZON 		COM		92343V104	511	10390	SOLE 	N/A	10390
VODAFONE GROUP PLC.	SPONS ADR NEW	92857W209	24013	845541	SOLE 	N/A	845541
VODAFONE GROUP PLC.	SPONS ADR NEW	92857W209	57	2000	DEFINED N/A	2000
W P CAREY INC.		COM		92936U109	303	4500	SOLE 	N/A	4500
W.W. GRAINGER INC.	COM		384802104	37416	166307	SOLE 	N/A	166307
WAL-MART STORES INC.	COM		931142103	2140	28592	SOLE 	N/A	28592
WAL-MART STORES INC.	COM		931142103	75	1000	DEFINED N/A	1000
WELLS FARGO & CO.	COM		949746101	321	8690	SOLE 	N/A	8690
WESTERN GAS EQUITY 	COMUNT LTD PT	95825R103	452	13220	SOLE 	N/A	13220
WESTERN GAS PARTNERS 	COM UNIT LP IN	958254104	21254	357753	SOLE 	N/A	357753
WILLIAMS PARTNERS LP.	COM UNIT LP	96950F104	35226	680046	SOLE 	N/A	680046
WILLIAMS PARTNERS LP.	COM UNIT LP	96950F104	378	7300	DEFINED N/A	7300



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