The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 99,280 515,260 SH   SOLE   62,570 0 452,690
ABBVIE INC COM 00287Y109 97,124 897,464 SH   SOLE   107,842 0 789,622
BROADCOM INC COM 11135F101 101,603 219,132 SH   SOLE   25,970 0 193,162
CISCO SYS INC COM 17275R102 83,790 1,620,387 SH   SOLE   193,130 0 1,427,257
CME GROUP INC COM 12572Q105 86,278 422,455 SH   SOLE   50,490 0 371,965
CONOCOPHILLIPS COM 20825C104 67,805 1,280,057 SH   SOLE   160,815 0 1,119,242
CUMMINS INC COM 231021106 88,338 340,929 SH   SOLE   40,180 0 300,749
DORCHESTER MINERALS LP COM UNIT 25820R105 760 55,607 SH   SOLE   1,050 0 54,557
DOW INC COM 260557103 72,085 1,127,391 SH   SOLE   133,350 0 994,041
ENTERPRISE PRODS PARTNERS L COM 293792107 90,559 4,112,584 SH   SOLE   319,430 0 3,793,154
GENUINE PARTS CO COM 372460105 106,550 921,790 SH   SOLE   108,620 0 813,170
HOME DEPOT INC COM 437076102 65,393 214,229 SH   SOLE   25,655 0 188,574
INTERPUBLIC GROUP COS INC COM 460690100 89,523 3,065,866 SH   SOLE   356,630 0 2,709,236
JOHNSON & JOHNSON COM 478160104 76,127 463,199 SH   SOLE   53,970 0 409,229
KEYCORP COM 493267108 106,083 5,309,484 SH   SOLE   630,055 0 4,679,429
LAMAR ADVERTISING CO NEW CL A 512816109 97,509 1,038,215 SH   SOLE   126,440 0 911,775
LEGGETT & PLATT INC COM 524660107 86,800 1,901,416 SH   SOLE   232,140 0 1,669,276
LOCKHEED MARTIN CORP COM 539830109 86,910 235,209 SH   SOLE   28,765 0 206,444
M D C HLDGS INC COM 552676108 89,746 1,510,871 SH   SOLE   178,250 0 1,332,621
OLD REP INTL CORP COM 680223104 115,750 5,299,926 SH   SOLE   637,425 0 4,662,501
PAYCHEX INC COM 704326107 88,108 898,876 SH   SOLE   105,165 0 793,711
PROCTER AND GAMBLE CO COM 742718109 74,857 552,739 SH   SOLE   65,975 0 486,764
PUBLIC SVC ENTERPRISE GRP IN COM 744573106 88,591 1,471,372 SH   SOLE   174,775 0 1,296,597
QUALCOMM INC COM 747525103 52,050 392,565 SH   SOLE   46,735 0 345,830
SANOFI SPONSORED ADR 80105N105 76,899 1,554,778 SH   SOLE   187,889 0 1,366,889
SNAP ON INC COM 833034101 88,697 384,401 SH   SOLE   45,440 0 338,961
STEEL DYNAMICS INC COM 858119100 102,919 2,027,560 SH   SOLE   236,215 0 1,791,345
STORE CAP CORP COM 862121100 92,225 2,752,975 SH   SOLE   329,900 0 2,423,075
TARGET CORP COM 87612E106 65,909 332,757 SH   SOLE   39,655 0 293,102