BELFA vs TSM: Which Is the Better Dividend Stock?
As of Oct 15, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TSM offers the higher yield at 0.85%, BELFA has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: BELFA vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has the higher forward dividend yield at 0.85%, versus 0.13% for Bel Fuse Inc. (BELFA).
- As of Oct 15, 2026, SmarterDividends grades BELFA's dividend safety A (91/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 15, 2026, BELFA has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 15, 2026, BELFA pays out 6% of its earnings as dividends and TSM pays out 25%.
- As of Oct 15, 2026, BELFA's fair-value estimate is 41% below its share price and TSM's fair-value estimate is 16% below its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BELFA vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 15, 2026, https://smarterdividends.com/compare/belfa-vs-tsm
| Metric | BELFA | TSM |
|---|---|---|
| Forward yield | 0.13% | 0.85% |
| Annual dividend | $0.24 | $26.00 |
| Payout ratio | 6% | 25% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 0.0% | 12.8% |
| 5-yr total return | 1216% | 299% |
| Dividend safety score | 91 (A) | 68 (B) |
| Fair value estimate | $106.85 | $359.48 |
| Upside to fair value | -41% | -16% |
| Frequency | quarterly | quarterly |
| Market cap | $2.3B | $2.2T |
| P/E ratio | 44.1 | 32.4 |
Higher yield
TSM
0.85%
Safer dividend
BELFA
Grade A
Faster growth
TSM
12.8%
Better value
TSM
-16% upside
BELFA vs TSM — FAQ
Is BELFA or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 3). TSM offers the higher yield (0.85%), while BELFA has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BELFA or TSM?
TSM has the higher forward dividend yield at 0.85%, versus 0.13% for BELFA.
Is BELFA or TSM safer?
BELFA has the higher dividend-safety score (91/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is BELFA or TSM better value right now?
As of Oct 15, 2026, TSM looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For BELFA, its fair-value estimate is 41% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


