What this SCHD dividend calculator measures
Enter a fixed number of shares to multiply the provider-adjusted dividend amounts returned for SCHD. The result is a historical scenario, not a record of what your account earned. There is no purchase date, sale history, reinvestment price or tax input.
The data request uses Financial Modeling Prep through Pineify. The backend caches dividend responses for one hour. Refresh requests the dataset again but does not force new vendor data or establish that the history is complete.
Adjusted and raw amounts are different bases
Schwab reports a 3-for-1 SCHD split effective October 10, 2024, with post-split trading beginning October 11. A constant current-share count cannot simply be multiplied by every unadjusted pre-split payment. The table therefore shows both raw and provider-adjusted amounts and uses only the adjusted field in scenario totals.
For an illustrative split example, 100 old shares receiving $0.60 per old share produce $60. After a 3-for-1 split, an equivalent $0.20 on 300 new shares also produces $60. These numbers explain the unit conversion; they are not a claimed SCHD distribution. Confirm the provider adjustment basis against Schwab before comparing periods.
How to use the tables
- Enter a finite, nonnegative share count. Fractional shares are supported. Use a share count consistent with the provider-adjusted dividend basis.
- Review the exclusion count. Summary records need a reported adjusted amount and valid payment date; both payment and ex-dividend dates must have arrived in UTC.
- Compare payment-year subtotals and included record counts. The latest year may be partial, and older years may also be incomplete. Missing adjusted amounts are not replaced with zero or raw dividends.
- Inspect the raw, adjusted, ex-dividend and payment fields in the detailed table. A future or incomplete record remains visible but has no included scenario income.
- Export the included yearly summary as CSV. It is a calculation aid, not a tax form or a broker reconciliation.
Income is not total return
SCHD seeks to track the total return of the Dow Jones U.S. Dividend 100 Index before fees and expenses. A dividend subtotal omits price changes and does not establish profitability. Distributions can change, and receiving a payment does not protect the invested principal.
The scenario does not calculate yield because it has no purchase or current price. It also does not calculate dividend growth, forecast the next payment, verify your eligibility on an ex-dividend date, or determine qualified-dividend tax treatment. Use your actual broker records for cash received and official fund records for declared distributions.
Primary sources
- Schwab SCHD fund page: fund objective, distributions and the October 2024 split.
- FMP Dividends Company API: dividend, adjusted amount and date fields.