SmarterDividends

ADP vs TSM: Which Is the Better Dividend Stock?

As of July 2026, ADP and TSM are closely matched. ADP offers the higher yield at 2.66%, ADP has the higher dividend-safety score, and TSM trades at the larger discount to fair value (+18%).

MetricADPTSM
Forward yield2.66%0.95%
Annual dividend$6.80$3.79
Payout ratio60%26%
Years of growth42 yr2 yr
5-yr dividend growth11.5%12.8%
5-yr total return22%235%
Dividend safety score93 (A)68 (B)
Fair value estimate$223.80$471.14
Upside to fair value-12%+18%
Frequencyquarterlyquarterly
Market cap$102.0B$2.1T
P/E ratio23.829.8

Higher yield

ADP

2.66%

Safer dividend

ADP

Grade A

Faster growth

TSM

12.8%

Better value

TSM

+18% upside

ADP vs TSM — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.