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I have searched for profitable high-growth companies that pay dividends. I also looked for companies that have shown a significant book value growth over the past five years and which are in a short-term uptrend, in a mid-term uptrend and in a long-term uptrend. Stocks in an uptrend are performing well and are in a buying mode.

I have elaborated a screening method, which shows stock candidates following these lines. Nonetheless, the screening method should only serve as a basis for further research.

The screen's formula requires all stocks to comply with all following demands:

1. The stock is included in the Russell 3000 index. Russell Investment explanation:

The Russell 3000 Index measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable U.S. equity market. The Russell 3000 Index is constructed to provide a comprehensive, unbiased, and stable barometer of the broad market and is completely reconstituted annually to ensure new and growing equities are reflected.

2. Average annual earnings growth for the past five years is greater than 15%.

3. Average annual earnings growth estimates for the next five years is greater than 15%.

4. Dividend yield is greater than 1.5%.

5. Book value growth over the past five years is greater than 15%.

6. Stock price is above 20-day simple moving average (short-term uptrend).

7. Stock price is above 50-day simple moving average (mid-term uptrend).

8. Stock price is above 200-day simple moving average (long-term uptrend).

After running this screen on December 20, 2012, before the market open, I obtained as results the six following stocks:

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Copa Holdings SA (NYSE:CPA)

Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. Copa Holdings, S.A. was founded in 1947 and is based in Panama.

Copa Holdings has a low trailing P/E of 12.76 and an even lower forward P/E of 10.46; it has also a very low PEG ratio of 0.83. The average annual earnings growth for the past five years was quite high at 17.80 and the average annual earnings growth estimates for the next five years is also quite high at 15.43%. The forward annual dividend yield is at 2.27% and the payout ratio is only 29%. Analysts recommend the stock. Among the 17 analysts covering the stock, three rate it as a strong buy, 12 rate it as a buy and two rate it as a hold. The stock price is 5.40% above its 20-day simple moving average, 9.09% above its 50-day simple moving average and 23.27% above its 200-day simple moving average, which indicates short-term, mid-term and long-term uptrend. On November 07, Copa Holdings reported its 3Q financial results (here). Operating and financial highlights:

Copa Holdings reported net income of US$111.9 million for 3Q12, or diluted earnings per share (NYSEARCA:EPS) of US$2.52. Excluding special items, Copa Holdings would have reported adjusted net income of US$97.6 million, or US$2.20 per share, an 8.3% increase over adjusted net income of US$90.2 million and US$2.03 per share for 3Q11.

Operating income for 3Q12 came in at US$114.1 million, a 14.9% increase over operating income of US$99.3 million in 3Q11. Operating margin for the period came in at 19.3%, compared to 20.9% in 3Q11, as a result of a 1.7% decline in unit revenues and a 0.4% increase in unit cost as a result of increased fuel costs.

Total revenues increased 24.5% to US$590.4 million. Yield per passenger mile increased 1.1% to 17.3 cents, while operating revenue per available seat mile (RASM) decreased 1.7% to 13.5 cents. However, adjusting for a 2.7% increase in average length of haul, adjusted yields increased 2.5% and adjusted RASM remained flat year over year.

The cheap valuation, the strong growth prospects, the analyst's recommendation, the growing dividends with a low payout ratio and the fact that the stock is in an uptrend; all these factors make the CPA stock quite attractive.

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Chart: finviz.com

Globe Specialty Metals, Inc. (NASDAQ:GSM)

Globe Specialty Metals, Inc., together with its subsidiaries, produces and sells silicon metal and silicon-based alloys primarily in North America, Europe, South America, and Asia.

Globe Specialty Metals has a low debt (total debt to equity is only 0.29) and it has a forward P/E of 16.94. The average annual earnings growth for the past five years was very high at 24.76 and the average annual earnings growth estimates for the next five years is also quite high at 15.00%. The forward annual dividend yield is at 1.66% and the payout ratio is 67.6%. The stock price is 4.89% above its 20-day simple moving average, 2.88% above its 50-day simple moving average and 8.54% above its 200-day simple moving average. On November 06, Globe Specialty Metals reported its first-quarter fiscal 2013 financial results (here), which met expectations on EPS and on revenue. On that occasion, Globe CEO Jeff Bradley commented:

We are continuing to successfully integrate Quebec Silicon into GSM and are achieving significant production efficiencies and a lowered cost of production. In addition, we continue to realize company-wide benefits from our overall efficiency initiatives. The diverse end markets that we serve including steel, autos, consumer goods and solar continue to show consistent demand. We continue to actively work on additional growth opportunities including acquisitions and internal growth.

The high book value and EPS growth and the fact that the stock is in an uptrend; all these factors make the GSM stock quite attractive.

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Chart: finviz.com

Koppers Holdings Inc. (NYSE:KOP)

Koppers Holdings Inc. produces and sells carbon compounds and commercial wood treatment products and services to aluminum, railroad, specialty chemical, utility, concrete and steel industries.

Walgreen has a very low forward P/E of 10.11 and the PEG ratio is at 1.03. The price to free cash flow for the trailing 12 months is at 20.44 and the price-to-sales ratio is very low at 0.50. The average annual earnings growth for the past five years was very high at 36.92 and the average annual earnings growth estimates for the next five years is also very high at 20.67%. The forward annual dividend yield is at 2.50% and the payout ratio is 53.3%. The stock price is 8.42% above its 20-day simple moving average, 10.13% above its 50-day simple moving average and 10.87% above its 200-day simple moving average. Analysts recommend the stock. Among the eight analysts covering the stock, six rate it as a strong buy, one rates it as a buy and one rates it as a hold. On November 08, Koppers Holdings reported its 3Q financial results (here). On that occasion, Walter W. Turner, president and CEO of Koppers, said:

Our third quarter results did not compare favorably to last year's third quarter; however we still expect a strong fourth quarter which should result in significant earnings improvement for the year over our 2011 full year results. The continued economic downturn in Europe, along with additional unexpected charges associated with a pitch tank leak in Australia and a plant outage in The Netherlands totaling $3.1 million, negatively impacted our third quarter results for the global Carbon Materials and Chemicals business. The Railroad and Utility Products business in both North America and Australia continues to be very strong, and I am pleased to see ongoing strength in product demand for these markets into next year.

The high book value and EPS growth, the strong analyst's recommendation, the strong company outlook and the fact that the stock is in an uptrend; all these factors make the KOP stock quite attractive.

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Chart: finviz.com

Polaris Industries, Inc. (NYSE:PII)

Polaris Industries Inc. engages in designing, engineering, manufacturing and marketing off-road vehicles, snowmobiles, and on-road vehicles primarily in the United States, Canada, and Europe.

Polaris Industries has a low debt (total debt to equity is only 0.16) and it has a forward P/E of 16.20. The average annual earnings growth for the past five years was quite high at 18.68% and the average annual earnings growth estimates for the next five years is also quite high at 17.37%. The forward annual dividend yield is at 1.77% and the payout ratio is only 36.5%. The stock price is 1.72% above its 20-day simple moving average, 0.76% above its 50-day simple moving average and 9.50% above its 200-day simple moving average. Analysts recommend the stock. Among the 14 analysts covering the stock, six rate it as a strong buy, four rate it as a buy and four rate it as a hold. On December 06, Polaris Industries announced (here) the acquisition of Teton Outfitters, LLC, a privately owned, Rigby, Idaho-based company, which designs, develops and distributes KLIM Technical Riding Gear. Calendar year 2012 sales for KLIM are anticipated to approach $30 million. KLIM is an industry leader in technical riding gear. This acquisition adds KLIM to Polaris' growing parts, garments and accessories business. The high book value and EPS growth, the analyst's recommendation, the growth prospects by acquisitions and the fact that the stock is in an uptrend; all these factors make the PII stock quite attractive.

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Chart: finviz.com

Starbucks Corporation (NASDAQ:SBUX)

Starbucks Corporation operates as a roaster, marketer and retailer of specialty coffee worldwide. As of September 30, 2012, the company had 9,405 company-operated stores and 8,661 licensed stores.

Starbucks has a very low debt (total debt to equity is only 0.11) and it has a forward P/E of 20.71. The average annual earnings growth for the past five years was quite high at 15.43% and the average annual earnings growth estimates for the next five years is also quite high at 18.37%. The forward annual dividend yield is at 1.55% and the payout ratio is 46.9%. The stock price is 3.95% above its 20-day simple moving average, 9.08% above its 50-day simple moving average and 5.34% above its 200-day simple moving average. Analysts recommend the stock, among the 30 analysts covering the stock, eleven rate it as a strong buy, 10 rate it as a buy and nine rate it as a hold.

The high book value and EPS growth, the strong analyst's recommendation and the fact that the stock is in an uptrend; all these factors make the SBUX stock quite attractive.

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Chart: finviz.com

Valassis Communications Inc. (NYSE:VCI)

Valassis Communications, Inc., together with its subsidiaries, operates as a media and marketing services company primarily in the United States and Europe.

Valassis Communications has a very low trailing P/E of 9.62 and even a lower forward P/E of 7.53, it has also a very low PEG ratio of 0.46. The price to free cash flow for the trailing 12 months is very low at 6.19 and the price-to-sales ratio is also very low at 0.48. The average annual earnings growth for the past five years was quite high at 16.72 and the average annual earnings growth estimates for the next five years is very high at 20.70%. The forward annual dividend yield is very high at 4.65% and the payout ratio is 44.8%. The stock price is 1.07% above its 20-day simple moving average, 2.85% above its 50-day simple moving average and 14.10% above its 200-day simple moving average. On October 25, Valassis Communications reported its 3Q financial results (here). On that occasion, Rob Mason, President and Chief Executive Officer said:

This quarter, we delivered strong growth in EPS and adjusted EBITDA. Notable gains in our Free-standing Insert business, ongoing operational improvements within Shared Mail, and continued cost containment efforts were key drivers that contributed to our results.

The very low multiples, the strong growth prospects, the rich dividend and the fact that the stock is in an uptrend; all these factors make the VCI stock quite attractive.

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Chart: finviz.com

Source: 6 Dividend Stocks In Uptrend With High Book Value Growth