ASML vs TSM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TSM offers the higher yield at 0.95%, ASML 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: ASML 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 0.62% for ASML Holding N.V. (ASML).
- As of Nov 5, 2026, SmarterDividends grades ASML's dividend safety B (68/100) and TSM's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, ASML has raised its dividend for 3 consecutive years and TSM for 2.
- As of Nov 5, 2026, ASML pays out 22% of its earnings as dividends and TSM pays out 24%.
- As of Nov 5, 2026, ASML's fair-value estimate is 24% 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, "ASML vs TSM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/asml-vs-tsm
| Metric | ASML | TSM |
|---|---|---|
| Forward yield | 0.62% | 0.95% |
| Annual dividend | $9.31 | $3.77 |
| Payout ratio | 22% | 24% |
| Years of growth | 3 yr | 2 yr |
| 5-yr dividend growth | 5.3% | 12.8% |
| 5-yr total return | 98% | 247% |
| Dividend safety score | 68 (B) | 68 (B) |
| Fair value estimate | $1,061.72 | $403.11 |
| Upside to fair value | -24% | +10% |
| Frequency | quarterly | quarterly |
| Market cap | $539.0B | $1.9T |
| P/E ratio | 34.4 | 23.7 |
Higher yield
TSM
0.95%
Safer dividend
ASML
Grade B
Faster growth
TSM
12.8%
Better value
TSM
+10% upside
ASML vs TSM — FAQ
Is ASML or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (4 vs 3). TSM offers the higher yield (0.95%), while ASML has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ASML or TSM?
TSM has the higher forward dividend yield at 0.95%, versus 0.62% for ASML.
Is ASML or TSM safer?
ASML has the higher dividend-safety score (68/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is ASML 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 ASML, its fair-value estimate is 24% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.