Dividend Stock Investing
The Importance of Dividends
Timberline Investment Management, LLC.
503-657-7100
Info@TimberlineInvestment.com
Investing with Integrity
An Invitation
ABOUT TIMBERLINE
ABOUT DIVIDEND & GROWTH
DIVIDEND STOCK INVESTING
An Invitation
For the S&P 500 from
1980 to 2018,
dividends, dividend
growth, and the
reinvestment of such
dividends provided a
greater portion of total
return (6
5%)  than
appreciation alone
which contributed just
3
5% of total return.
                                 ORIGINAL INVESTMENT               CURRENT INVESTMENT         Yield on             10-year
                                               12/31/09                                        12/31/19                         Original           Growth of
                                 Price        DPS*      Yield                Price       DPS*      Yield           Investment            DPS*         
 
Pepsico                   60.80        1.80       2.96%            136.67      3.82       2.80%            6.28%                  212%
          3M                  78.63        2.04       2.59%            176.42      5.76       3.26%            7.33%                  282%
                                                            *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.
Past performance of dividend stocks is not indicative of future results.
Dividend growth
can provide a
very powerful
source of return
over time.
$1,000 Investment
in the S&P 500:
1980 - 201
9
$65,649 (Total Return Value)
Reinvested dividends provided
$
41,849 = 65% of total return.
Appreciation alone provided
$
22,800 = 35% of total return.
$1,000
$23,800 Appreciation Only