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      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0001365167</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      <flags>
        <overrideInternetFlag>false</overrideInternetFlag>
        <confirmingCopyFlag>false</confirmingCopyFlag>
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      <periodOfReport>06/30/2025</periodOfReport>
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        <phoneNumber>843-645-9700</phoneNumber>
        <address>
          <com:street1>58 RIVERWALK BLVD</com:street1>
          <com:city>RIDGELAND</com:city>
          <com:stateOrCountry>SC</com:stateOrCountry>
          <com:zipCode>29936</com:zipCode>
        </address>
      </reportingPerson>
      <agentForService>
        <name>Marc Saurborn</name>
        <address>
          <com:street1>58 RIVERWALK BLVD</com:street1>
          <com:city>RIDGELAND</com:city>
          <com:stateOrCountry>SC</com:stateOrCountry>
          <com:zipCode>29936</com:zipCode>
        </address>
      </agentForService>
      <reportInfo>
        <reportType>INSTITUTIONAL MANAGER VOTING REPORT</reportType>
      </reportInfo>
      <fileNumber>028-11952</fileNumber>
      <reportingCrdNumber>000129973</reportingCrdNumber>
      <reportingSecFileNumber>801-62643</reportingSecFileNumber>
      <explanatoryInformation>
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      <reportingPerson>DIVIDEND ASSETS CAPITAL, LLC</reportingPerson>
      <txSignature>Marc Saurborn</txSignature>
      <txPrintedSignature>Marc Saurborn</txPrintedSignature>
      <txTitle>Chief Investment Officer</txTitle>
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