SmarterDividends

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

MetricBELFATSM
Forward yield0.13%0.85%
Annual dividend$0.24$26.00
Payout ratio6%25%
Years of growth0 yr2 yr
5-yr dividend growth0.0%12.8%
5-yr total return1216%299%
Dividend safety score91 (A)68 (B)
Fair value estimate$106.85$359.48
Upside to fair value-41%-16%
Frequencyquarterlyquarterly
Market cap$2.3B$2.2T
P/E ratio44.132.4

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.

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