AAPL vs TSM: Which Is the Better Dividend Stock?
As of Oct 29, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TSM offers the higher yield at 0.86%, AAPL has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 8% below its share price).
Key facts: AAPL vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has the higher forward dividend yield at 0.86%, versus 0.31% for Apple Inc. (AAPL).
- As of Oct 29, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 29, 2026, AAPL has raised its dividend for 14 consecutive years and TSM for 2.
- As of Oct 29, 2026, AAPL pays out 12% of its earnings as dividends and TSM pays out 24%.
- As of Oct 29, 2026, AAPL's fair-value estimate is 47% below its share price and TSM's fair-value estimate is 8% below its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AAPL vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/aapl-vs-tsm
| Metric | AAPL | TSM |
|---|---|---|
| Forward yield | 0.31% | 0.86% |
| Annual dividend | $1.08 | $3.77 |
| Payout ratio | 12% | 24% |
| Years of growth | 14 yr | 2 yr |
| 5-yr dividend growth | 5.0% | 12.8% |
| 5-yr total return | 110% | 257% |
| Dividend safety score | 95 (A) | 68 (B) |
| Fair value estimate | $183.46 | $403.11 |
| Upside to fair value | -47% | -8% |
| Frequency | quarterly | quarterly |
| Market cap | $5.0T | $2.3T |
| P/E ratio | 39.4 | 28.5 |
Higher yield
TSM
0.86%
Safer dividend
AAPL
Grade A
Faster growth
TSM
12.8%
Better value
TSM
-8% upside
AAPL vs TSM — FAQ
Is AAPL or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 3). TSM offers the higher yield (0.86%), while AAPL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, AAPL or TSM?
TSM has the higher forward dividend yield at 0.86%, versus 0.31% for AAPL.
Is AAPL or TSM safer?
AAPL has the higher dividend-safety score (95/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is AAPL or TSM better value right now?
As of Oct 29, 2026, TSM looks like the better value: its fair-value estimate is 8% below its share price (fairly valued). For AAPL, its fair-value estimate is 47% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.