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In this series what we are aiming to do is provide a wealth of key ratios and then pick one of the plays as our favourite play. We will go on to provide some reason for this choice and in doing so, hope to impart some knowledge to those who are new to the field of dividend investing. A lot of ratios will be used in this article, and it would be best for investors to get a handle on some of these ratios as they could prove to be very useful in the selection process. Some of the more important key ratios are listed below. A significant portion of the historical data used in this article was obtained from zacks.com

We generally base our choice on the following factors

Net income: it should be generally trending upward for the past 3-4 years.

Total cash flow from operating activities: it also should be trending upward for the past 3-4 years.

Payout ratio: it should generally be below 100%, but a ratio below 70% is optimal. Payout ratios are not that important when it comes to MLPs/REITs as they generally pay a majority of their cash flow as distributions; in the case of REITs by law they have to pay out 90% of their cash flow as dividends. Payout ratios are calculated by dividing the dividend/distribution rate by the net income per share, and this is why the payout ratio for MLPs and REITS is often higher than 100%. The more important ratio to focus on is the cash flow per unit. If one focuses on the cash flow per unit, one will see that in most cases, it exceeds the distribution/dividend declared per unit/share.

Current ratio: should be above 1

Interest coverage ratio: any value above 1.5 is okay, but we would aim for 2.5-3.00 as our starting range. The higher the number the better

Dividend growth rate: it should be at 5% or higher. A high yield with a low dividend growth rate is not good in the long run, but neither is a low dividend yield with a high growth rate; one needs to find an equilibrium here.

Five-year dividend average: we generally aim for stocks that have a yield of 4.5% or higher. There are exceptions to this rule. Some stocks appreciate very fast, so even though the yield might be low, one can more than make up the difference through capital gains. One example is JAH.

Sales: they should generally be trending upward for the past 3-4 years.

Levered free cash flow: this is the icing on the cake; if a company meets most of the above requirements and also has a positive levered free cash flow, it can generally be viewed as a good long-term buy. Two examples are LEG and PG.

An early warning signal that the company could be in trouble is when the total cash flow generated from operating expenses is not enough to meet the dividend payments. This information can be gleaned by looking at the cash flow statement; this is readily available at yahoo finance. In the example below we used LEG and the data was obtained from yahoo finance.

The cash flow in this case was more than enough to easily cover all the dividend payments for all the above years; in this the time period was from 2008-2010.

Many traders use other metrics and that is fine; we are just trying to provide a guideline. As you get better handle of the ratios explained below you can create your own list of criteria. A major portion of the historical data used in this article was obtained from zacks.com

Free cash flow yield is obtained by dividing free cash flow per share by the current price of each share. Generally lower ratios are associated with an unattractive investment and vice versa. Free cash flow takes into account capital expenditures and other ongoing costs associated with the day to day to functions of the business. In our view free cash flow yield is a better valuation metric then earnings yield because of the above factor

The payout ratio tells us what portion of the profit is being returned to investors. A pay out ratio over 100% indicates that the company is paying out more money to shareholders, then they are making; this situation cannot last forever. In general if the company has a high operating cash flow and access to capital markets, they can keep this going on for a while. As companies usually only pay the portion of the debt that is coming due and not the whole debt, this technique/trick can technically be employed to maintain the dividend for sometime. If the payout ratio continues to increase, the situation warrants close monitoring as this cannot last forever; if your tolerance for risk is a low, look for similar companies with the same or higher yields, but with lower payout ratios. Individuals searching for other ideas might find this article to be of interest Is Frontier Communications A Long-Term Buy?

Long-term debt-to-equity ratio is the total long term debt divided by the total equity. The amount of long-term debt a company carries on its balances sheet is very important for it indicates the amount of money a company owes that it doesn't expect to pay off in the next year. A balance sheet that illustrates that long term debt has been decreasing for a few years is a sign that the company is doing well. When debt levels fall, and cash levels increase the balance sheet is said to be improving and vice versa. If a company has too much debt on its books, it could end up being overwhelmed with interest payments and risk having too little working capital which could in the worst case scenario lead to bankruptcy.

Interest coverage is usually calculated by dividing the earnings before interest and taxes for a period of 1 year by the interest expenses for the same time period. This ratio informs you of a company's ability to make its interest payments on its outstanding debt. Lower interest coverage ratios indicate that there is a larger debt burden on the company and vice versa. For example if a company has an interest ratio of 11.8, this means that it covers interest expenses 11.8 times with operating profits.

Asset turnover is calculated by dividing revenue by assets. It measures a company's effectiveness at using its assets in generating revenue. Higher numbers are generally better and vice versa. In general companies with low profit margins have higher asset turnover rates then companies with high profit margins.

ROE is obtained by dividing the net income by share holder's equity. It measures how much profit a company

Quick ratio or acid-test is obtained by adding cash and cash equivalents plus marketable securities and accounts receivable dividing them by current liabilities. It is a measure of a company's ability to use its quick assets (assets that can be sold of immediately at close to book value) to pay off its current liabilities immediately. A company with a quick ratio of less than 1 cannot pay back its current liabilities. Additional key metrics are addressed in this article 5 Dividend Plays Sporting Excellent Yields As High 14.9%

Smith (Ao) Corp (NYSE:AOS) is our play of choice for the following reasons:

It has a positive levered free cash flow of $261 million.

Net income has surged from $81 million in 2010 to $306 million in 2011, an increase of 314%

EBITDA came in at $218 million in 2011 as compared to $137 million in 2010; an increase of 60%

Cash flow per share stood at 3.14 in 2001 an increase of 21% compared to $2.58 in 2009.

It has a strong total three-year return of 201%

It has consecutively increased dividends for 17 years.

It has a decent three-year dividend growth rate of 7.5%

It has a good long-term debt-to-equity ratio of 0.41.

It sports a low payout ratio of only 31% and has a five year average payout ratio of 34%

It has a good current and quick ratio of 2.33 and 2.00 respectively.

It sports a healthy interest coverage ratio of 17.21.

$100K would have grown to $344K.

Company : Smith (Ao) Corp

Levered Free Cash Flow = 261.50M

Basic Key ratios

Percentage Held by Insiders = 1.87

Market Cap ($mil) = 2092

Number of Institutional Sellers 12 Weeks = 3

3 Month % Chg Short Interest = n/a

Growth

Net Income ($mil) 12/2011 = 306

Net Income ($mil) 12/2010 = 112

Net Income ($mil) 12/2009 = 81

12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 173.68

Q Net Incm this Q/ same qtr yr ago = -0.31

EBITDA ($mil) 12/2011 = 218

EBITDA ($mil) 12/2010 = 122

EBITDA ($mil) 12/2009 = 137

Net Incm Rpt Qtr ($mil) = 32

Anl Net Incm this Yr/ Net Incm last Yr = 173.68

Cash Flow ($/sh) 12/2011 = 3.14

Cash Flow ($/sh) 12/2010 = 2.65

Cash Flow ($/sh) 12/2009 = 2.58

Div 5yr Growth 12/2011 = N/A

Sales ($mil) 12/2011 = 1711

Sales ($mil) 12/2010 = 1489

Sales ($mil) 12/2009 = 1992

Dividend history

Div Yield = 1.42

Div Yld 5 Yr Avg 12/2011 = N/A

Div Yld 5 Yr Avg 09/2011 = 1.86

Annual Dividend 12/2011 = 0.6

Annual Dividend 12/2010 = 0.54

Forward Yield = 1.42

Div 5yr Growth 12/2011 = N/A

R-squared Div Growth 12/2011 = N/A

R-squared Div Growth 09/2011 = 0.88

Dividend sustainability

Payout Ratio 09/2011 = 0.31

Payout Ratio 06/2011 = 0.34

Payout Ratio 5 Yr Avg 12/2011 = N/A

Payout Ratio 5 Yr Avg 09/2011 = 0.27

Payout Ratio 5 Yr Avg 06/2011 = 0.26

Change in Payout Ratio = 0.04

Performance

% Ch Price 52 Wks Rel to S&P 500 = 5.2

Std Dev Target Price Est = 3.77

Avg EPS Surprise Last 4 Qtr = 0.92

EPS % Change F2/F1 = 16.96

Next 3-5 Yr Est EPS Gr rate = 25

Std Dev 3-5 Yr Est EPS Gr rate = N/A

EPS Gr Q(1)/Q(-3) = -147.83

5 Yr Hist EPS Gr 12/2011 = N/A

5 Yr Hist EPS Gr 09/2011 = 6.64

ROE 5 Yr Avg 12/2011 = N/A

ROE 5 Yr Avg 09/2011 = 11.79

ROE 5 Yr Avg 06/2011 = 11.88

Return on Investment 12/2011 = N/A

Return on Investment 09/2011 = 6.95

Return on Investment 06/2011 = 6.71

Debt/Tot Cap 5 Yr Avg 12/2011 = N/A

Debt/Tot Cap 5 Yr Avg 09/2011 = 27.04

Debt/Tot Cap 5 Yr Avg 06/2011 = 27.53

Current Ratio 12/2011 = N/A

Current Ratio 09/2011 = 2.33

Current Ratio 06/2011 = 1.98

Curr Ratio 5 Yr Avg = 1.7

Quick Ratio = 2

Cash Ratio = 1.29

Interest Coverage 12/2011 = N/A

Interest Coverage 09/2011 = 17.21

Interest Coverage 06/2011 = 16.92

Valuation

Book Value Qtr ($/sh) 12/2011 = N/A

Book Value Qtr ($/sh) 09/2011 = 23.46

Book Value Qtr ($/sh) 06/2011 = 24.31

Anl EPS before NRI 12/2007 = 2.11

Anl EPS before NRI 12/2008 = 1.93

Anl EPS before NRI 12/2009 = 2.21

Anl EPS before NRI 12/2010 = 1.75

Anl EPS before NRI 12/2011 = 2.12

Price/ Book = 1.93

Price/ Cash Flow = 14.4

Price/ Sales = 1.22

EV/EBITDA 12 Mo = 8.77

P/E/G F1 = 0.65

Q1 Std Dev/ Consensus = 0.08

R-squared EPS Growth 12/2011 = N/A

R-squared EPS Growth 09/2011 = 0.25

P/E F1/ LT EPS Gr = 0.65

Std Dev Cons Current Qtr = 0.05

Median Est Next Qtr = 0.66

# Anlst in Cons Q3 = 9

Company : Abb Ltd-Adr (NYSE:ABB)

Levered Free Cash Flow = 1.67B

Basic Key ratios

Percentage Held by Insiders = N/A

Market Cap ($mil) = 47198

Number of Institutional Sellers 12 Weeks = N/A

3 Month % Chg Short Interest = n/a

Growth

Net Income ($mil) 12/2011 = 3168

Net Income ($mil) 12/2010 = 2561

Net Income ($mil) 12/2009 = 2901

12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 23.7

Q Net Incm this Q/ same qtr yr ago = 18.57

EBITDA ($mil) 12/2011 = N/A

EBITDA ($mil) 12/2010 = 4615

EBITDA ($mil) 12/2009 = 4902

Net Incm Rpt Qtr ($mil) = 830

Anl Net Incm this Yr/ Net Incm last Yr = 23.7

Cash Flow ($/sh) 12/2011 = N/A

Cash Flow ($/sh) 12/2010 = 1.45

Cash Flow ($/sh) 12/2009 = 1.52

Div 5yr Growth 12/2011 = N/A

Sales ($mil) 12/2011 = 37990

Sales ($mil) 12/2010 = 31589

Sales ($mil) 12/2009 = 31795

Dividend history =

Div Yield = 3.09

Div Yld 5 Yr Avg 12/2011 = N/A

Div Yld 5 Yr Avg 09/2011 = 1.02

Annual Dividend 12/2011 = 0.63

Annual Dividend 12/2010 = 0

Forward Yield = 6.51

Div 5yr Growth 12/2011 = N/A

R-squared Div Growth 12/2011 = N/A

R-squared Div Growth 09/2011 = 0.92

Dividend sustainability

Payout Ratio 09/2011 = 0.44

Payout Ratio 06/2011 = 0.46

Payout Ratio 5 Yr Avg 12/2011 = N/A

Payout Ratio 5 Yr Avg 09/2011 = 0.18

Payout Ratio 5 Yr Avg 06/2011 = 0.16

Change in Payout Ratio = 0.27

Performance

% Ch Price 52 Wks Rel to S&P 500 = -18.32

Std Dev Target Price Est = 3.45

Avg EPS Surprise Last 4 Qtr = -6.77

EPS % Change F2/F1 = 12.13

Next 3-5 Yr Est EPS Gr rate = 11.6

Std Dev 3-5 Yr Est EPS Gr rate = 7.64

EPS Gr Q(1)/Q(-3) = -117.65

5 Yr Hist EPS Gr 12/2011 = N/A

5 Yr Hist EPS Gr 09/2011 = 2.45

ROE 5 Yr Avg 12/2011 = N/A

ROE 5 Yr Avg 09/2011 = 24.92

ROE 5 Yr Avg 06/2011 = 25.41

Return on Investment 12/2011 = N/A

Return on Investment 09/2011 = 17.52

Return on Investment 06/2011 = 17.22

Debt/Tot Cap 5 Yr Avg 12/2011 = N/A

Debt/Tot Cap 5 Yr Avg 09/2011 = 15.65

Debt/Tot Cap 5 Yr Avg 06/2011 = 16.74

Current Ratio 12/2011 = N/A

Current Ratio 09/2011 = N/A

Current Ratio 06/2011 = 1.34

Curr Ratio 5 Yr Avg = 1.56

Quick Ratio = 1.22

Cash Ratio = 0.63

Interest Coverage 12/2011 = N/A

Interest Coverage 09/2011 = N/A

Interest Coverage 06/2011 = 15.2

Valuation

Book Value Qtr ($/sh) 12/2011 = N/A

Book Value Qtr ($/sh) 09/2011 = N/A

Book Value Qtr ($/sh) 06/2011 = 7.09

Anl EPS before NRI 12/2007 = 1.38

Anl EPS before NRI 12/2008 = 1.37

Anl EPS before NRI 12/2009 = 1.26

Anl EPS before NRI 12/2010 = 1.15

Anl EPS before NRI 12/2011 = 1.46

Price/ Book = 2.88

Price/ Cash Flow = 14.12

Price/ Sales = 1.24

EV/EBITDA 12 Mo = 9.53

P/E/G F1 = 1.13

Q1 Std Dev/ Consensus = 0.03

R-squared EPS Growth 12/2011 = N/A

R-squared EPS Growth 09/2011 = 0.03

P/E F1/ LT EPS Gr = 1.13

Std Dev Cons Current Qtr = 0.01

Median Est Next Qtr = 0.38

# Anlst in Cons Q3 = 5

Company : Emerson Elec Co (NYSE:EMR)

Levered Free Cash Flow = 2.64B

Basic Key ratios

Percentage Held by Insiders = 0.85

Market Cap ($mil) = 36399

Number of Institutional Sellers 12 Weeks = N/A

3 Month % Chg Short Interest = n/a

Growth

Net Income ($mil) 12/2011 = 2480

Net Income ($mil) 12/2010 = 2164

Net Income ($mil) 12/2009 = 1724

12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 6.85

Q Net Incm this Q/ same qtr yr ago = -22.71

EBITDA ($mil) 12/2011 = 4721

EBITDA ($mil) 12/2010 = 3956

EBITDA ($mil) 12/2009 = 3397

Net Incm Rpt Qtr ($mil) = 371

Anl Net Incm this Yr/ Net Incm last Yr = 14.6

Cash Flow ($/sh) 12/2011 = 4.46

Cash Flow ($/sh) 12/2010 = 3.8

Cash Flow ($/sh) 12/2009 = 3.26

Div 5yr Growth 12/2011 = N/A

Sales ($mil) 12/2011 = 24222

Sales ($mil) 12/2010 = 21039

Sales ($mil) 12/2009 = 20915

Dividend history

Div Yield = 3.23

Div Yld 5 Yr Avg 12/2011 = N/A

Div Yld 5 Yr Avg 09/2011 = 2.85

Annual Dividend 12/2011 = 1.38

Annual Dividend 12/2010 = 1.34

Forward Yield = 3.23

Div 5yr Growth 12/2011 = N/A

R-squared Div Growth 12/2011 = N/A

R-squared Div Growth 09/2011 = 0.83

Dividend sustainability

Payout Ratio 09/2011 = 0.51

Payout Ratio 06/2011 = 0.43

Payout Ratio 5 Yr Avg 12/2011 = N/A

Payout Ratio 5 Yr Avg 09/2011 = 0.47

Payout Ratio 5 Yr Avg 06/2011 = 0.47

Change in Payout Ratio = 0.05

Performance

% Ch Price 52 Wks Rel to S&P 500 = -19.45

Std Dev Target Price Est = 5.13

Avg EPS Surprise Last 4 Qtr = -0.41

EPS % Change F2/F1 = 13.43

Next 3-5 Yr Est EPS Gr rate = 11.5

Std Dev 3-5 Yr Est EPS Gr rate = 2.65

EPS Gr Q(1)/Q(-3) = 120.64

5 Yr Hist EPS Gr 12/2011 = N/A

5 Yr Hist EPS Gr 09/2011 = 2.25

ROE 5 Yr Avg 12/2011 = N/A

ROE 5 Yr Avg 09/2011 = 23.45

ROE 5 Yr Avg 06/2011 = 23.51

Return on Investment 12/2011 = N/A

Return on Investment 09/2011 = 15.7

Return on Investment 06/2011 = 16.34

Debt/Tot Cap 5 Yr Avg 12/2011 = N/A

Debt/Tot Cap 5 Yr Avg 09/2011 = 29.52

Debt/Tot Cap 5 Yr Avg 06/2011 = 29.58

Current Ratio 12/2011 = N/A

Current Ratio 09/2011 = 1.39

Current Ratio 06/2011 = 1.45

Curr Ratio 5 Yr Avg = 1.43

Quick Ratio = 1.12

Cash Ratio = 0.42

Interest Coverage 12/2011 = N/A

Interest Coverage 09/2011 = 10.53

Interest Coverage 06/2011 = 23.31

Valuation

Book Value Qtr ($/sh) 12/2011 = N/A

Book Value Qtr ($/sh) 09/2011 = 14.05

Book Value Qtr ($/sh) 06/2011 = 14.17

Anl EPS before NRI 12/2007 = 2.66

Anl EPS before NRI 12/2008 = 3.11

Anl EPS before NRI 12/2009 = 2.27

Anl EPS before NRI 12/2010 = 2.69

Anl EPS before NRI 12/2011 = 3.24

Price/ Book = 3.53

Price/ Cash Flow = 11.11

Price/ Sales = 1.52

EV/EBITDA 12 Mo = 8.13

P/E/G F1 = 1.24

Q1 Std Dev/ Consensus = 0.05

R-squared EPS Growth 12/2011 = N/A

R-squared EPS Growth 09/2011 = 0.1

P/E F1/ LT EPS Gr = 1.24

Std Dev Cons Current Qtr = 0.04

Median Est Next Qtr = 1.05

# Anlst in Cons Q3 = 14

Company : Regal Beloit (NYSE:RBC)

Levered Free Cash Flow = 57.17M

Basic Key ratios

Percentage Held by Insiders = 2.25

Market Cap ($mil) = 2776

Number of Institutional Sellers 12 Weeks = 2

3 Month % Chg Short Interest = n/a

Growth

Net Income ($mil) 12/2011 = 152

Net Income ($mil) 12/2010 = 149

Net Income ($mil) 12/2009 = 95

12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 1.95

Q Net Incm this Q/ same qtr yr ago = 32.52

EBITDA ($mil) 12/2011 = 356

EBITDA ($mil) 12/2010 = 313

EBITDA ($mil) 12/2009 = 230

Net Incm Rpt Qtr ($mil) = 33

Anl Net Incm this Yr/ Net Incm last Yr = 1.96

Cash Flow ($/sh) 12/2011 = 6.91

Cash Flow ($/sh) 12/2010 = 5.76

Cash Flow ($/sh) 12/2009 = 4.46

Div 5yr Growth 12/2011 = N/A

Sales ($mil) 12/2011 = 2808

Sales ($mil) 12/2010 = 2238

Sales ($mil) 12/2009 = 1826

Dividend history

Div Yield = 1.08

Div Yld 5 Yr Avg 12/2011 = N/A

Div Yld 5 Yr Avg 09/2011 = 1.35

Annual Dividend 12/2011 = 0.71

Annual Dividend 12/2010 = 0.67

Forward Yield = 1.08

Div 5yr Growth 12/2011 = N/A

R-squared Div Growth 12/2011 = N/A

R-squared Div Growth 09/2011 = 0.9

Dividend sustainability

Payout Ratio 09/2011 = 0.16

Payout Ratio 06/2011 = 0.17

Payout Ratio 5 Yr Avg 12/2011 = N/A

Payout Ratio 5 Yr Avg 09/2011 = 0.19

Payout Ratio 5 Yr Avg 06/2011 = 0.19

Change in Payout Ratio = -0.03

Performance

% Ch Price 52 Wks Rel to S&P 500 = -10.02

Std Dev Target Price Est = 4.5

Avg EPS Surprise Last 4 Qtr = N/A

EPS % Change F2/F1 = 13.46

Next 3-5 Yr Est EPS Gr rate = 13.57

Std Dev 3-5 Yr Est EPS Gr rate = 1.42

EPS Gr Q(1)/Q(-3) = -143.08

5 Yr Hist EPS Gr 12/2011 = N/A

5 Yr Hist EPS Gr 09/2011 = 3.9

ROE 5 Yr Avg 12/2011 = N/A

ROE 5 Yr Avg 09/2011 = 12.43

ROE 5 Yr Avg 06/2011 = 12.6

Return on Investment 12/2011 = N/A

Return on Investment 09/2011 = 8.32

Return on Investment 06/2011 = 8.33

Debt/Tot Cap 5 Yr Avg 12/2011 = N/A

Debt/Tot Cap 5 Yr Avg 09/2011 = 31.96

Debt/Tot Cap 5 Yr Avg 06/2011 = 31.67

Current Ratio 12/2011 = N/A

Current Ratio 09/2011 = 2.46

Current Ratio 06/2011 = 2.33

Curr Ratio 5 Yr Avg = 2.51

Quick Ratio = 1.36

Cash Ratio = 0.56

Interest Coverage 12/2011 = N/A

Interest Coverage 09/2011 = 5.52

Interest Coverage 06/2011 = 7.5

Valuation

Book Value Qtr ($/sh) 12/2011 = N/A

Book Value Qtr ($/sh) 09/2011 = 37.97

Book Value Qtr ($/sh) 06/2011 = 40.26

Anl EPS before NRI 12/2007 = 3.49

Anl EPS before NRI 12/2008 = 3.87

Anl EPS before NRI 12/2009 = 2.63

Anl EPS before NRI 12/2010 = 3.84

Anl EPS before NRI 12/2011 = 4.71

Price/ Book = 1.76

Price/ Cash Flow = 9.67

Price/ Sales = 0.99

EV/EBITDA 12 Mo = 9.96

P/E/G F1 = 0.96

Q1 Std Dev/ Consensus = 0.02

R-squared EPS Growth 12/2011 = N/A

R-squared EPS Growth 09/2011 = 0.11

P/E F1/ LT EPS Gr = 0.96

Std Dev Cons Current Qtr = 0.03

Median Est Next Qtr = 1.49

# Anlst in Cons Q3 = 10

Company : Siemens Ag-Adr (SI)

Levered Free Cash Flow = 695.64M

Basic Key ratios

Percentage Held by Insiders = N/A

Market Cap ($mil) = 86066

Number of Institutional Sellers 12 Weeks = N/A

3 Month % Chg Short Interest = n/a

Growth

Net Income ($mil) 12/2011 = 8824

Net Income ($mil) 12/2010 = 5521

Net Income ($mil) 12/2009 = 3383

12mo Net Incm this Q/ 12mo Net Incm 4Q's ago = 44.88

Q Net Incm this Q/ same qtr yr ago = -21.5

EBITDA ($mil) 12/2011 = 18980

EBITDA ($mil) 12/2010 = 16042

EBITDA ($mil) 12/2009 = 9233

Net Incm Rpt Qtr ($mil) = 1872

Anl Net Incm this Yr/ Net Incm last Yr = 59.81

Cash Flow ($/sh) 12/2011 = 15.13

Cash Flow ($/sh) 12/2010 = 15.18

Cash Flow ($/sh) 12/2009 = 8.42

Div 5yr Growth 12/2011 = N/A

Sales ($mil) 12/2011 = 102627

Sales ($mil) 12/2010 = 103125

Sales ($mil) 12/2009 = 103862

Dividend history =

Div Yield = 2.9

Div Yld 5 Yr Avg 12/2011 = N/A

Div Yld 5 Yr Avg 09/2011 = 1.83

Annual Dividend 12/2011 = 2.7

Annual Dividend 12/2010 = 1.63

Forward Yield = 2.9

Div 5yr Growth 12/2011 = N/A

R-squared Div Growth 12/2011 = N/A

R-squared Div Growth 09/2011 = 0.48

Dividend sustainability

Payout Ratio 09/2011 = 0.25

Payout Ratio 06/2011 = 0.24

Payout Ratio 5 Yr Avg 12/2011 = N/A

Payout Ratio 5 Yr Avg 09/2011 = 0.28

Payout Ratio 5 Yr Avg 06/2011 = 0.29

Change in Payout Ratio = -0.03

Performance

% Ch Price 52 Wks Rel to S&P 500 = -28.6

Std Dev Target Price Est = 0

Avg EPS Surprise Last 4 Qtr = 5.94

EPS % Change F2/F1 = 10.87

Next 3-5 Yr Est EPS Gr rate = 25.84

Std Dev 3-5 Yr Est EPS Gr rate = 16.74

EPS Gr Q(1)/Q(-3) = 126.94

5 Yr Hist EPS Gr 12/2011 = N/A

5 Yr Hist EPS Gr 09/2011 = 15.9

ROE 5 Yr Avg 12/2011 = N/A

ROE 5 Yr Avg 09/2011 = 15.54

ROE 5 Yr Avg 06/2011 = 15.03

Return on Investment 12/2011 = N/A

Return on Investment 09/2011 = 14.48

Return on Investment 06/2011 = 15.58

Debt/Tot Cap 5 Yr Avg 12/2011 = N/A

Debt/Tot Cap 5 Yr Avg 09/2011 = 33.99

Debt/Tot Cap 5 Yr Avg 06/2011 = 34.16

Current Ratio 12/2011 = N/A

Current Ratio 09/2011 = 1.21

Current Ratio 06/2011 = 1.21

Curr Ratio 5 Yr Avg = 1.17

Quick Ratio = 0.87

Cash Ratio = 0.52

Interest Coverage 12/2011 = N/A

Interest Coverage 09/2011 = 5.26

Interest Coverage 06/2011 = 5.72

Valuation

Book Value Qtr ($/sh) 12/2011 = N/A

Book Value Qtr ($/sh) 09/2011 = 52.27

Book Value Qtr ($/sh) 06/2011 = 51.35

Anl EPS before NRI 12/2007 = 5.46

Anl EPS before NRI 12/2008 = 6.49

Anl EPS before NRI 12/2009 = 3.49

Anl EPS before NRI 12/2010 = 8.67

Anl EPS before NRI 12/2011 = 10.82

Price/ Book = 1.88

Price/ Cash Flow = 6.49

Price/ Sales = 0.84

EV/EBITDA 12 Mo = 4.93

P/E/G F1 = 0.42

Q1 Std Dev/ Consensus = 0.08

R-squared EPS Growth 12/2011 = N/A

R-squared EPS Growth 09/2011 = 0.35

P/E F1/ LT EPS Gr = 0.42

Std Dev Cons Current Qtr = 0.17

Median Est Next Qtr = 2.33

# Anlst in Cons Q3 = 3

Conclusion

Investors should wait for a strong pullback before committing any fresh money to this market as the markets are still extremely overbought. A pullback in the 7%-10% ranges would qualify as one.

EPS, EPS surprise, broker recommendations, and price and consensus charts sourced from zacks.com. Earnings estimates and growth rate charts for sourced from dailyfinance.com. Earnings Vs estimates charts sourced from smartmoney.com. Free cash flow yield, income from cont operations, and revenue growth sourced from Ycharts.com. Dividend history charts sourced from dividata.com

Source: 5 Champs With Great Prospects And Good Yields

Additional disclosure: This list of stocks is meant to serve as a starting point. Please do not treat this as a buying list. It is imperative that you do your due diligence and then determine if any of the above plays meet with your risk tolerance levels. The Latin maxim caveat emptor applies-let the buyer beware.