The Globe and Mail attempts to identify stocks with strong cash-flow momentum and dividend yield in their respective industries, and a history of long-term dividend growth, in its Friday edition. The Globe's guest columnist Michael Pe writes in the Number Cruncher column that he used Morningstar CPMS to look for stocks that when compared with their peers provide attractive dividend yield with positive cash-flow momentum. Companies with healthy cash-flow characteristics are more likely to have the ability to pay and increase their dividends. Mr. Pe looked for stocks with higher cash-flow revisions and long-term dividend growth, which would indicate they will continue to provide stable income. Mr. Pe's picks had to have a market float of at least $50-million and a positive three-month cash-flow estimate revision. Also, his picks needed to have an expected dividend yield of 2 per cent or greater to provide income. Finally, his recommended stocks needed to pay more than 80 per cent of their cash flow in dividends in order to help ensure they have a manageable and sustainable payout ratio. Mr. Pe recommends Enbridge, Enbridge Income Fund Holdings, Rogers Sugar, Canadian Natural Resources and Exco Technologies.