ATEN vs TSM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. ATEN offers the higher yield at 0.98%, ATEN has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 2% below its share price).
Key facts: ATEN vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, A10 Networks, Inc. (ATEN) has the higher forward dividend yield at 0.98%, versus 0.91% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Oct 18, 2026, SmarterDividends grades ATEN's dividend safety B (77/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 18, 2026, ATEN has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 18, 2026, ATEN pays out 41% of its earnings as dividends and TSM pays out 24%.
- As of Oct 18, 2026, ATEN's fair-value estimate is 23% below its share price and TSM's fair-value estimate is 2% below its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ATEN vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aten-vs-tsm
| Metric | ATEN | TSM |
|---|---|---|
| Forward yield | 0.98% | 0.91% |
| Annual dividend | $0.24 | $3.77 |
| Payout ratio | 41% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 12.8% |
| 5-yr total return | 59% | 252% |
| Dividend safety score | 77 (B) | 68 (B) |
| Fair value estimate | $18.73 | $403.11 |
| Upside to fair value | -23% | -2% |
| Frequency | quarterly | quarterly |
| Market cap | $1.8B | $2.1T |
| P/E ratio | 42.2 | 26.7 |
Higher yield
ATEN
0.98%
Safer dividend
ATEN
Grade B
Faster growth
TSM
12.8%
Better value
TSM
-2% upside
ATEN vs TSM — FAQ
Is ATEN or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 2). ATEN offers the higher yield (0.98%), while ATEN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ATEN or TSM?
ATEN has the higher forward dividend yield at 0.98%, versus 0.91% for TSM.
Is ATEN or TSM safer?
ATEN has the higher dividend-safety score (77/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is ATEN or TSM better value right now?
As of Oct 18, 2026, TSM looks like the better value: its fair-value estimate is 2% below its share price (fairly valued). For ATEN, its fair-value estimate is 23% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.