CDW vs TSM: Which Is the Better Dividend Stock?
As of Nov 9, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CDW offers the higher yield at 1.73%, CDW has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 7% above its share price).
Key facts: CDW vs TSM
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, CDW Corporation (CDW) has the higher forward dividend yield at 1.73%, versus 1.00% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Nov 9, 2026, SmarterDividends grades CDW's dividend safety A (83/100) and TSM's B (68/100).
- By SmarterDividends' count as of Nov 9, 2026, CDW has raised its dividend for 11 consecutive years and TSM for 2.
- As of Nov 9, 2026, CDW pays out 29% of its earnings as dividends and TSM pays out 24%.
- As of Nov 9, 2026, CDW's fair-value estimate is 5% above its share price and TSM's fair-value estimate is 7% above its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CDW vs TSM: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/cdw-vs-tsm
| Metric | CDW | TSM |
|---|---|---|
| Forward yield | 1.73% | 1.00% |
| Annual dividend | $2.72 | $3.77 |
| Payout ratio | 29% | 24% |
| Years of growth | 11 yr | 2 yr |
| 5-yr dividend growth | 10.2% | 12.8% |
| 5-yr total return | -17% | 220% |
| Dividend safety score | 83 (A) | 68 (B) |
| Fair value estimate | $164.43 | $403.11 |
| Upside to fair value | +5% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $19.6B | $1.9T |
| P/E ratio | 18.3 | 24.3 |
Higher yield
CDW
1.73%
Safer dividend
CDW
Grade A
Faster growth
TSM
12.8%
Better value
TSM
+7% upside
CDW vs TSM — FAQ
Is CDW or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 3). CDW offers the higher yield (1.73%), while CDW has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CDW or TSM?
CDW has the higher forward dividend yield at 1.73%, versus 1.00% for TSM.
Is CDW or TSM safer?
CDW has the higher dividend-safety score (83/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is CDW or TSM better value right now?
As of Nov 9, 2026, TSM looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For CDW, its fair-value estimate is 5% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.