# EDGAR Filing Document

**Accession Number:** 0001056516
**File Stem:** 0001056516-23-000003
**Filing Date:** 2023-2
**Character Count:** 11790
**Document Hash:** 12b9ec3fccdb606a4b5a19313c65ef63
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001056516-23-000003.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001056516-23-000003

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Palouse Capital Management, Inc.
- **CENTRAL INDEX KEY:** 0001056516
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06910
- **FILM NUMBER:** 23616657

**BUSINESS ADDRESS:**
- **STREET 1:** 2026 N. WASHINGTON ST.
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99205
- **BUSINESS PHONE:** 5096245591

**MAIL ADDRESS:**
- **STREET 1:** 2026 N. WASHINGTON ST.
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99205

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KEN ROBERTS INVESTMENT MANAGEMENT INC
- **DATE OF NAME CHANGE:** 19990329

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Palouse Capital Management Inc.<br>**Address:** 2026 N. WASHINGTON ST.<br>SPOKANE, WA 99205

**Form 13F File Number:** 028-06910

**SEC File Number (if applicable):** 801-46893

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** CHRISTOPHER K. HICKS<br>**Title:** PRESIDENT<br>**Phone:** 5032925853

**Signature, Place, and Date of Signing:**

CHRISTOPHER K. HICKS  PORTLAND, OR  02-13-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 80

**Form 13F Information Table Value Total:** $1446310906

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 8941175 | 25927 | SH |  | SOLE |  | 23216 | 0 | 2711 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 42562719 | 10893 | SH |  | SOLE |  | 9313 | 0 | 1580 |
| AIR PRODS  CHEMS INC | COM | 00971t101 |  | 11637923 | 13667 | SH |  | SOLE |  | 12339 | 0 | 1328 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 12178705 | 16858 | SH |  | SOLE |  | 15015 | 0 | 1843 |
| AMAZON COM INC | COM | 023135106 |  | 11604872 | 9054 | SH |  | SOLE |  | 8113 | 0 | 941 |
| APPLE INC | COM | 037833100 |  | 17941397 | 17138 | SH |  | SOLE |  | 15525 | 0 | 1613 |
| APTIV PLC | SHS | G6095L109 |  | 12860333 | 11917 | SH |  | SOLE |  | 10651 | 0 | 1266 |
| APTIV PLC | 5.5% CNV PFD A | G6095L117 |  | 14817552 | 18962 | SH |  | SOLE |  | 16228 | 0 | 2734 |
| AT INC | COM | 00206R102 |  | 2541850 | 138069 | SH |  | SOLE |  | 119862 | 0 | 18207 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 4077194 | 158550 | SH |  | SOLE |  | 139110 | 0 | 19440 |
| BECTON DICKINSON  CO | 6% DP CONV PFD B | 075887406 |  | 6913296 | 45575 | SH |  | SOLE |  | 39726 | 0 | 5849 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 35094088 | 3710 | SH |  | SOLE |  | 3322 | 0 | 388 |
| BEST BUY INC | COM | 086516101 |  | 11075053 | 31229 | SH |  | SOLE |  | 27691 | 0 | 3538 |
| BLACKROCK INC | COM | 09247X101 |  | 97836974 | 5436 | SH |  | SOLE |  | 4762 | 0 | 674 |
| BROADCOM INC | COM | 11135F101 |  | 77198125 | 7653 | SH |  | SOLE |  | 6510 | 0 | 1143 |
| CATHAY GEN BANKCORP | COM | 149150104 |  | 5633215 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 6578343 | 65232 | SH |  | SOLE |  | 57131 | 0 | 8101 |
| CITIGROUP INC | COM NEW | 172967424 |  | 6244784 | 78953 | SH |  | SOLE |  | 69971 | 0 | 8982 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 4828443 | 57533 | SH |  | SOLE |  | 51393 | 0 | 6140 |
| CONNECTONE BANCORP INC | COM | 20786W107 |  | 3335111 | 8984 | SH |  | SOLE |  | 7769 | 0 | 1215 |
| CORNING INC | COM | 219350105 |  | 4410487 | 83114 | SH |  | SOLE |  | 73112 | 0 | 10002 |
| CVS HEALTH CORP | COM | 126650100 |  | 12865005 | 34096 | SH |  | SOLE |  | 29266 | 0 | 4830 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 8493195 | 80957 | SH |  | SOLE |  | 70685 | 0 | 10272 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 9099777 | 28495 | SH |  | SOLE |  | 25443 | 0 | 3052 |
| EBAY INC. | COM | 278642103 |  | 5727801 | 31433 | SH |  | SOLE |  | 28196 | 0 | 3237 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 16865226 | 10332 | SH |  | SOLE |  | 9362 | 0 | 970 |
| EOG RES INC | COM | 26875P101 |  | 17882035 | 39409 | SH |  | SOLE |  | 34486 | 0 | 4923 |
| ERICSSON | ADR B SEK 10 | 294821608 |  | 806398 | 605594 | SH |  | SOLE |  | 530314 | 0 | 75280 |
| FEDEX CORP | COM | 31428X106 |  | 23910162 | 11613 | SH |  | SOLE |  | 10370 | 0 | 1243 |
| FISERV INC | COM | 337738108 |  | 13952714 | 18228 | SH |  | SOLE |  | 16234 | 0 | 1994 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 47410130 | 7432 | SH |  | SOLE |  | 6647 | 0 | 785 |
| HANESBRANDS INC | COM | 410345102 |  | 880463 | 17720 | SH |  | SOLE |  | 15663 | 0 | 2057 |
| HOME DEPOT INC | COM | 437076102 |  | 43614112 | 8693 | SH |  | SOLE |  | 7416 | 0 | 1277 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1946946 | 374719 | SH |  | SOLE |  | 325057 | 0 | 49662 |
| INTEL CORP | COM | 458140100 |  | 3649156 | 151571 | SH |  | SOLE |  | 133087 | 0 | 18484 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 9985552 | 17491 | SH |  | SOLE |  | 15638 | 0 | 1853 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 19469323 | 3638 | SH |  | SOLE |  | 3441 | 0 | 197 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 4780470 | 69692 | SH |  | SOLE |  | 61162 | 0 | 8530 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 4599615 | 87411 | SH |  | SOLE |  | 75858 | 0 | 11553 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 |  | 1539954 | 13628 | SH |  | SOLE |  | 13628 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | VAR RATE PFD | 46138G870 |  | 3090553 | 28413 | SH |  | SOLE |  | 27728 | 0 | 685 |
| INVESCO LTD | SHS | G491BT108 |  | 2483782 | 234527 | SH |  | SOLE |  | 206130 | 0 | 28397 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 14546884 | 6008 | SH |  | SOLE |  | 5660 | 0 | 348 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 4215422 | 103959 | SH |  | SOLE |  | 91654 | 0 | 12305 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 24391598 | 23310 | SH |  | SOLE |  | 20247 | 0 | 3063 |
| KELLY SVCS INC | CL A | 488152208 |  | 2332447 | 10478 | SH |  | SOLE |  | 9270 | 0 | 1208 |
| LAM RESEARCH CORP | COM | 512807108 |  | 58033621 | 6062 | SH |  | SOLE |  | 5423 | 0 | 639 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 13031827 | 32314 | SH |  | SOLE |  | 28570 | 0 | 3744 |
| LOWES COS INC | COM | 548661107 |  | 27509403 | 10184 | SH |  | SOLE |  | 9185 | 0 | 999 |
| MERITAGE HOMES CORP | COM | 59001A102 |  | 12725529 | 2311 | SH |  | SOLE |  | 2046 | 0 | 265 |
| META PLATFORMS INC | CL A | 30303M102 |  | 16618617 | 11191 | SH |  | SOLE |  | 9947 | 0 | 1244 |
| MICROSOFT CORP | COM | 594918104 |  | 33114380 | 18675 | SH |  | SOLE |  | 16364 | 0 | 2311 |
| NETAPP INC | COM | 64110D104 |  | 8291538 | 57482 | SH |  | SOLE |  | 49777 | 0 | 7705 |
| NEWMONT CORP | COM | 651639106 |  | 6516868 | 101610 | SH |  | SOLE |  | 89228 | 0 | 12382 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 21821060 | 15629 | SH |  | SOLE |  | 13980 | 0 | 1649 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 9828843 | 11575 | SH |  | SOLE |  | 10315 | 0 | 1260 |
| PFIZER INC | COM | 717081103 |  | 7073892 | 67357 | SH |  | SOLE |  | 58284 | 0 | 9073 |
| PRESTIGE CONSMR HEALTHCARE i | COM | 74112D101 |  | 8637098 | 3325 | SH |  | SOLE |  | 2936 | 0 | 389 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 13936727 | 22865 | SH |  | SOLE |  | 20451 | 0 | 2414 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 99616431 | 1763 | SH |  | SOLE |  | 1573 | 0 | 190 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 7676772 | 3669 | SH |  | SOLE |  | 3517 | 0 | 152 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 6234042 | 7353 | SH |  | SOLE |  | 7353 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 5598674 | 5820 | SH |  | SOLE |  | 5609 | 0 | 211 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 52813884 | 4988 | SH |  | SOLE |  | 4748 | 0 | 240 |
| SPDR SER TR | COM | 78464A763 |  | 17262949 | 3991 | SH |  | SOLE |  | 91 | 0 | 3900 |
| STATE STR CORP | COM | 857477103 |  | 10709877 | 42633 | SH |  | SOLE |  | 36811 | 0 | 5822 |
| TARGET CORP | COM | 87612E106 |  | 20575905 | 24801 | SH |  | SOLE |  | 21846 | 0 | 2955 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 76060739 | 2024 | SH |  | SOLE |  | 1809 | 0 | 215 |
| TYSON FOODS INC | CL A | 902494103 |  | 8595072 | 68046 | SH |  | SOLE |  | 59375 | 0 | 8671 |
| ULTRA CLEAN HLDGS INC | COM | 90385V107 |  | 4576527 | 6607 | SH |  | SOLE |  | 5829 | 0 | 778 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 24003996 | 19499 | SH |  | SOLE |  | 16753 | 0 | 2746 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 73211090 | 5860 | SH |  | SOLE |  | 5236 | 0 | 624 |
| UNIVERSAL ELECTRS INC | COM | 913483103 |  | 2871722 | 9760 | SH |  | SOLE |  | 8630 | 0 | 1130 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 17515660 | 18532 | SH |  | SOLE |  | 15787 | 0 | 2745 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 10701531 | 79617 | SH |  | SOLE |  | 69970 | 0 | 9647 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 10387788 | 8573 | SH |  | SOLE |  | 5023 | 0 | 3550 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 39858371 | 4185 | SH |  | SOLE |  | 3724 | 0 | 461 |
| VIATRIS INC | COM | 92556V106 |  | 1536565 | 369397 | SH |  | SOLE |  | 320269 | 0 | 49128 |
| VISHAY INTERTECHNOLOGY INC | COM | 928298108 |  | 2981287 | 9355 | SH |  | SOLE |  | 8317 | 0 | 1038 |
| WHIRLPOOL CORP | COM | 963320106 |  | 19532262 | 13466 | SH |  | SOLE |  | 11806 | 0 | 1660 |

---