SCHD Tools

Disclaimer

Important information about risks and limitations

Critical Investment Warning

This is not financial advice. All information provided by SCHD Tools is for educational and informational purposes only. Investment decisions should always be made in consultation with qualified financial professionals who understand your individual circumstances.

1. No Financial Advice

SCHD Tools and its calculator tools do not provide financial, investment, tax, legal, or accounting advice. The information presented is:

  • Educational only: Designed to help you understand dividend calculations
  • Not personalized: Does not consider your individual financial situation
  • General information: Not tailored to your specific investment goals
  • Historical data: Based on past performance which doesn't predict future results

You should always consult with a qualified financial advisor, accountant, or investment professional before making any investment decisions.

2. Investment Risks

All Investments Carry Risk

Dividend-paying stocks, ETFs, and other securities are subject to market volatility and various risks that can result in loss of principal and income.

Market Risks

  • Stock prices can decline significantly
  • Market volatility affects all securities
  • Economic conditions impact performance
  • Interest rate changes affect valuations
  • Inflation erodes purchasing power

Dividend-Specific Risks

  • Dividends can be cut or eliminated
  • Payout ratios may become unsustainable
  • Company financial health can deteriorate
  • Sector-specific challenges affect payments
  • Tax treatment of dividends may change

3. Data Accuracy and Limitations

While we strive to provide accurate information, you should be aware that:

Data Sources and Timing

  • Financial data may not be real-time
  • Dividend information can become outdated
  • Stock prices fluctuate throughout trading days
  • Corporate actions may affect calculations

Calculator Limitations

  • Results are estimates based on inputs provided
  • Assumptions may not reflect actual market conditions
  • Tax implications are not calculated
  • Fees and expenses are not included

4. Past Performance Warning

Past Performance Does Not Guarantee Future Results

Historical dividend payments, yields, and stock performance are not indicative of future results. Market conditions, company performance, and economic factors are constantly changing.

  • Companies that paid dividends historically may stop paying them
  • High-yielding stocks may cut dividends during difficult periods
  • Market cycles can dramatically affect investment returns
  • Economic downturns impact all dividend-paying securities

5. Tax Considerations

Our calculators do not account for tax implications of dividend investing:

  • Tax rates vary: Dividend tax treatment depends on your tax bracket and holding period
  • Qualified vs. non-qualified: Different dividends have different tax implications
  • State taxes: State tax laws may affect your net dividend income
  • Tax law changes: Government policy changes can affect dividend taxation
  • International taxes: Foreign dividends may be subject to withholding taxes

Always consult a tax professional to understand how dividend income will affect your specific tax situation.

6. No Guarantees or Warranties

SCHD Tools provides its services "as is" without any guarantees:

Service Disclaimers

  • No warranty of accuracy or completeness
  • No guarantee of service availability
  • No promise of error-free calculations
  • No assurance of data timeliness

Investment Disclaimers

  • No guarantee of investment returns
  • No assurance of dividend payments
  • No promise of portfolio performance
  • No warranty of investment suitability

7. Third-Party Information

Our calculators may use information from various third-party sources:

  • We do not control or verify all third-party data
  • Third-party information may contain errors or be outdated
  • We are not responsible for third-party data accuracy
  • Users should independently verify important information

8. Limitation of Liability

Maximum Legal Protection

To the fullest extent permitted by law, SCHD Tools and its affiliates, officers, directors, employees, and agents shall not be liable for any damages arising from:

  • Investment losses or poor investment performance
  • Reliance on information provided by our calculators
  • Errors in calculations or data presentation
  • Service interruptions or technical problems
  • Any direct, indirect, incidental, or consequential damages
  • Lost profits, revenue, or business opportunities

9. Professional Advice Recommendation

Before making any investment decisions, we strongly recommend consulting with:

Financial Professionals

  • Certified Financial Planner (CFP)
  • Registered Investment Advisor (RIA)
  • Fee-only financial advisor
  • Investment management professional

Other Specialists

  • Certified Public Accountant (CPA)
  • Tax attorney or advisor
  • Estate planning attorney
  • Insurance professional

10. Your Responsibility

As a user of SCHD Tools, you acknowledge and agree that:

  • You understand the risks associated with investing
  • You will not rely solely on our calculators for investment decisions
  • You will conduct your own research and due diligence
  • You will seek professional advice when appropriate
  • You use our tools at your own risk
  • You are responsible for verifying all information independently

Questions About This Disclaimer?

If you have questions about this disclaimer or need clarification about the risks of using our calculators, please contact us at legal@schdtools.com. We want you to understand the limitations and appropriate use of our tools.