SmarterDividends

AUDC vs TSM: Which Is the Better Dividend Stock?

As of Oct 27, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. AUDC offers the higher yield at 3.49%, AUDC has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 5% below its share price).

Key facts: AUDC vs TSM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, AudioCodes Ltd. (AUDC) has the higher forward dividend yield at 3.49%, versus 0.89% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
  • As of Oct 27, 2026, SmarterDividends grades AUDC's dividend safety B (73/100) and TSM's B (68/100).
  • By SmarterDividends' count as of Oct 27, 2026, AUDC has raised its dividend for 1 consecutive years and TSM for 2.
  • As of Oct 27, 2026, AUDC pays out 154% of its earnings as dividends and TSM pays out 24%.
  • As of Oct 27, 2026, AUDC's fair-value estimate is 38% below its share price and TSM's fair-value estimate is 5% below its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AUDC vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/audc-vs-tsm

MetricAUDCTSM
Forward yield3.49%0.89%
Annual dividend$0.40$3.77
Payout ratio154%24%
Years of growth1 yr2 yr
5-yr dividend growth7.1%12.8%
5-yr total return-67%257%
Dividend safety score73 (B)68 (B)
Fair value estimate$7.13$403.11
Upside to fair value-38%-5%
Frequencysemiannualquarterly
Market cap$277.0M$2.2T
P/E ratio44.127.5

Higher yield

AUDC

3.49%

Safer dividend

AUDC

Grade B

Faster growth

TSM

12.8%

Better value

TSM

-5% upside

AUDC vs TSM — FAQ

Is AUDC or TSM a better dividend stock?

On the data, TSM wins more head-to-head categories (6 vs 2). AUDC offers the higher yield (3.49%), while AUDC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, AUDC or TSM?

AUDC has the higher forward dividend yield at 3.49%, versus 0.89% for TSM.

Is AUDC or TSM safer?

AUDC has the higher dividend-safety score (73/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.

Is AUDC or TSM better value right now?

As of Oct 27, 2026, TSM looks like the better value: its fair-value estimate is 5% below its share price (fairly valued). For AUDC, its fair-value estimate is 38% below its share price.

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