SmarterDividends

ASX vs TSM: Which Is the Better Dividend Stock?

As of September 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ASX offers the higher yield at 1.00%, TSM has the higher dividend-safety score, and TSM trades at the larger discount to fair value (+9%).

MetricASXTSM
Forward yield1.00%0.94%
Annual dividend$0.42$4.07
Payout ratio51%26%
Years of growth1 yr2 yr
5-yr dividend growth21.2%12.8%
5-yr total return485%282%
Dividend safety score60 (C)68 (B)
Fair value estimate$28.94$472.56
Upside to fair value-30%+9%
Frequencyannualquarterly
Market cap$108.4B$2.3T
P/E ratio50.832.5

Higher yield

ASX

1.00%

Safer dividend

TSM

Grade B

Faster growth

ASX

21.2%

Better value

TSM

+9% upside

ASX vs TSM — FAQ

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