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Do you prefer stocks that pay reliable dividends? We ran a screen with this idea in mind.

We began by screening for dividend stocks: those paying dividend yields above 2% and sustainable payout ratios below 50%. We then screened for those that have outperformed the market over the last quarter, with quarterly performance above 20%.

Finally we screened for those stocks with strong sales trends, comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received, and there is no guarantee the money will ever be received, the smaller the portion of revenue made up of receivables the healthier the company's revenue.

We screened for stocks seeing faster growth in revenue than accounts receivable year-over-year, as well as accounts receivable comprising a smaller portion of current assets over the same time period.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall (www.kapitall.com).

Do you think these stocks will continue to see strong revenue trends? Use this list as a starting point for your own analysis.

List sorted by increase in revenue over the last year.

1. MTS Systems Corp. (NASDAQ:MTSC): Supplies test systems and industrial position sensors in the Americas, Europe, and Asia. Market cap at $798.89M, most recent closing price at $49.59. Dividend yield at 2.01%, payout ratio at 31.00%. Performance over the last quarter at 26.36%. Revenue grew by 21.29% during the most recent quarter ($141.7M vs. $116.83M y/y). Accounts receivable grew by 6.06% during the same time period ($131.45M vs. $123.94M y/y). Receivables, as a percentage of current assets, decreased from 40.11% to 36.31% during the most recent quarter (comparing 3 months ending 2012-06-30 to 3 months ending 2011-07-02).

2. Standard Motor Products Inc. (NYSE:SMP): Distributes replacement parts for motor vehicles in the automotive aftermarket industry primarily in the United States, Canada, and Latin America. Market cap at $405.75M, most recent closing price at $17.89. Dividend yield at 2.06%, payout ratio at 11.67%. Performance over the last quarter at 32.42%. Revenue grew by 10.2% during the most recent quarter ($268.88M vs. $244M y/y). Accounts receivable grew by 3.37% during the same time period ($157.76M vs. $152.62M y/y). Receivables, as a percentage of current assets, decreased from 35.79% to 33.42% during the most recent quarter (comparing 3 months ending 2012-06-30 to 3 months ending 2011-06-30).

3. Chase Corp. (NYSEMKT:CCF): Engages in the manufacture and sale of specialty tapes, laminates, sealants, and coatings for various applications worldwide. Market cap at $152.04M, most recent closing price at $16.80. Dividend yield at 2.08%, payout ratio at 31.01%. Performance over the last quarter at 44.13%. Revenue grew by 7.69% during the most recent quarter ($35.14M vs. $32.63M y/y). Accounts receivable grew by 0.38% during the same time period ($18.53M vs. $18.46M y/y). Receivables, as a percentage of current assets, decreased from 32.59% to 32.47% during the most recent quarter (comparing 3 months ending 2012-05-31 to 3 months ending 2011-05-31).

*Accounting data sourced from Google Finance, all other data sourced from Finviz.

Source: 3 Outperforming Small Cap Dividend Stocks With Strong Receivable Trends