| Past performance of dividend stocks may not be indicative of future results. |
| Timberline Investment Management, LLC. 503-657-7100 Info@TimberlineInvestment.com |

| Investing with Integrity |
| ABOUT TIMBERLINE |
| ABOUT DIVIDEND & GROWTH |
| DIVIDEND STOCK INVESTING |
| Dividend Stock Investing History of Less Risk Standard Deviation Annual of Returns |
| Standard Deviation is a common measurement of investment risk and volatility. The higher the number, the greater the risk/volatility of returns.
from 1992 to 2019, dividend stock performance as provided by two indexes with different investing methodologies, have historically performed with less risk and greater consistency than the S&P 500 (data sources: Dow Jones; Standard & Poors; Ishares). |
