AMAT vs TSM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, AMAT and TSM are closely matched. TSM offers the higher yield at 0.95%, AMAT has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 10% above its share price).
Key facts: AMAT vs TSM
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has the higher forward dividend yield at 0.95%, versus 0.57% for Applied Materials, Inc. (AMAT).
- As of Nov 5, 2026, SmarterDividends grades AMAT's dividend safety A (96/100) and TSM's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, AMAT has raised its dividend for 8 consecutive years and TSM for 2.
- As of Nov 5, 2026, AMAT pays out 16% of its earnings as dividends and TSM pays out 24%.
- As of Nov 5, 2026, AMAT's fair-value estimate is 37% below its share price and TSM's fair-value estimate is 10% above its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMAT vs TSM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/amat-vs-tsm
| Metric | AMAT | TSM |
|---|---|---|
| Forward yield | 0.57% | 0.95% |
| Annual dividend | $2.12 | $3.77 |
| Payout ratio | 16% | 24% |
| Years of growth | 8 yr | 2 yr |
| 5-yr dividend growth | 15.4% | 12.8% |
| 5-yr total return | 165% | 247% |
| Dividend safety score | 96 (A) | 68 (B) |
| Fair value estimate | $209.20 | $403.11 |
| Upside to fair value | -37% | +10% |
| Frequency | quarterly | quarterly |
| Market cap | $265.3B | $1.9T |
| P/E ratio | 28.8 | 23.7 |
Higher yield
TSM
0.95%
Safer dividend
AMAT
Grade A
Faster growth
AMAT
15.4%
Better value
TSM
+10% upside
AMAT vs TSM — FAQ
Is AMAT or TSM a better dividend stock?
AMAT and TSM are closely matched. TSM has the higher yield; AMAT scores better on safety.
Which has a higher dividend yield, AMAT or TSM?
TSM has the higher forward dividend yield at 0.95%, versus 0.57% for AMAT.
Is AMAT or TSM safer?
AMAT has the higher dividend-safety score (96/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is AMAT or TSM better value right now?
As of Nov 5, 2026, TSM looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For AMAT, its fair-value estimate is 37% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.