Dividend Stock Investing
The Importance of Dividends
|For the S&P 500 from
1980 to 2013,
growth, and the
reinvestment of such
dividends provided a
greater portion of total
return (61%) than
which contributed just
39% of total return.
can provide a
source of return
|Past performance of dividend stocks is not indicative of future results.
|Timberline Investment Management, LLC.
|Investing with Integrity
|ABOUT DIVIDEND & GROWTH
|DIVIDEND STOCK INVESTING
Data Source: Ibbotson/Morningstar
in the S&P 500:
1980 - 2012
ORIGINAL INVESTMENT CURRENT INVESTMENT Yield on 10-year
12/31/03 12/31/13 Original Growth of
Price DPS* Yield Price DPS* Yield Investment DPS*
Chevron 43.20 1.46 3.38% 124.91 4.00 3.20% 9.26% 274%
Waste Management 29.60 .75 2.53% 44.87 1.46 3.25% 4.93% 195%
*Dividend Per Share
Dividend growth can be a very powerful source of compounding return and income over time as companies,
at their discretion, raise their dividend. Please observe the Yield on Original Investment and 10-year DPS* Growth.
The examples provided may or may not be utilized in the Timberline Dividend & Growth strategy and are only provided to illustrate the
potential impact of dividend growth over time. Not all companies raise their dividend and dividends can be cut or eliminated at any time.
Information source: company websites.