Dividend Stock Investing
The Importance of Dividends
For the S&P 500
from 1980 to 2012,
dividends, dividend
growth, and the
reinvestment of
such dividends
provided a greater
portion of total
return (61%)  than
appreciation alone
which contributed
just 39% of total
return.
Dividend growth
can provide a
very powerful
source of return
over time.
Past performance of dividend stocks is not indicative of future results.
Timberline Investment Management, LLC.
503-657-7100
Info@TimberlineInvestment.com
Investing with Integrity
An Invitation
ABOUT TIMBERLINE
ABOUT DIVIDEND & GROWTH
DIVIDEND STOCK INVESTING
                                                             
                                       
ORIGINAL INVESTMENT               CURRENT INVESTMENT           Yield on             10-year
                                                     12/31/02                                        12/31/12                          Original           Growth of
                                       Price        DPS*      Yield                Price       DPS*      Yield           Investment            DPS*         
          Heinz                  32.87         1.08      3.29%              57.68       2.06       3.57%             
6.27%                  91%

 Kimberly Clark           46.67        1.18       2.53%              84.43       2.96       3.51%             6.34%                 251%
                                                                    *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.









                 Data Source:                     
                 Ibbotson/Morningstar
$25,087 (Total Return Value)
$10,508 (Appreciation Only Value)
$1,000 Investment
in the S&P 500:
1980 - 2012
An Invitation
Reinvested dividends provided
$14,579 =
61% of total return.
Appreciation alone provided
$9,508 =
39% of total return.
$1,000