ASX vs TSM: Which Is the Better Dividend Stock?
As of Nov 7, 2026, ASX and TSM are closely matched. ASX offers the higher yield at 1.32%, TSM has the higher dividend-safety score, and ASX looks like the better value (its fair-value estimate is 58% above its share price).
Key facts: ASX vs TSM
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, ASE Technology Holding Co., Ltd. (ASX) has the higher forward dividend yield at 1.32%, versus 1.00% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Nov 7, 2026, SmarterDividends grades ASX's dividend safety C (61/100) and TSM's B (68/100).
- By SmarterDividends' count as of Nov 7, 2026, ASX has raised its dividend for 1 consecutive years and TSM for 2.
- As of Nov 7, 2026, ASX pays out 40% of its earnings as dividends and TSM pays out 24%.
- As of Nov 7, 2026, ASX's fair-value estimate is 58% above its share price and TSM's fair-value estimate is 7% above its share price, so ASX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ASX vs TSM: Dividend Yield, Safety & Value Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/asx-vs-tsm
| Metric | ASX | TSM |
|---|---|---|
| Forward yield | 1.32% | 1.00% |
| Annual dividend | $0.42 | $3.77 |
| Payout ratio | 40% | 24% |
| Years of growth | 1 yr | 2 yr |
| 5-yr dividend growth | 21.2% | 12.8% |
| 5-yr total return | 333% | 220% |
| Dividend safety score | 61 (C) | 68 (B) |
| Fair value estimate | $49.83 | $403.11 |
| Upside to fair value | +58% | +7% |
| Frequency | annual | quarterly |
| Market cap | $69.8B | $1.9T |
| P/E ratio | 30.4 | 24.3 |
Higher yield
ASX
1.32%
Safer dividend
TSM
Grade B
Faster growth
ASX
21.2%
Better value
ASX
+58% upside
ASX vs TSM — FAQ
Is ASX or TSM a better dividend stock?
ASX and TSM are closely matched. ASX has the higher yield; TSM scores better on safety.
Which has a higher dividend yield, ASX or TSM?
ASX has the higher forward dividend yield at 1.32%, versus 1.00% for TSM.
Is ASX or TSM safer?
TSM has the higher dividend-safety score (68/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is ASX or TSM better value right now?
As of Nov 7, 2026, ASX looks like the better value: its fair-value estimate is 58% above its share price (undervalued). For TSM, its fair-value estimate is 7% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.