CGNX 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. TSM offers the higher yield at 1.00%, CGNX 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: CGNX vs TSM
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has the higher forward dividend yield at 1.00%, versus 0.75% for Cognex Corporation (CGNX).
- As of Nov 9, 2026, SmarterDividends grades CGNX's dividend safety B (76/100) and TSM's B (68/100).
- By SmarterDividends' count as of Nov 9, 2026, CGNX has raised its dividend for 10 consecutive years and TSM for 2.
- As of Nov 9, 2026, CGNX pays out 24% of its earnings as dividends and TSM pays out 24%.
- As of Nov 9, 2026, CGNX's fair-value estimate is 44% below 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, "CGNX vs TSM: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/cgnx-vs-tsm
| Metric | CGNX | TSM |
|---|---|---|
| Forward yield | 0.75% | 1.00% |
| Annual dividend | $0.36 | $3.77 |
| Payout ratio | 24% | 24% |
| Years of growth | 10 yr | 2 yr |
| 5-yr dividend growth | 7.6% | 12.8% |
| 5-yr total return | -38% | 220% |
| Dividend safety score | 76 (B) | 68 (B) |
| Fair value estimate | $26.54 | $403.11 |
| Upside to fair value | -44% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $8.0B | $1.9T |
| P/E ratio | 33.4 | 24.3 |
Higher yield
TSM
1.00%
Safer dividend
CGNX
Grade B
Faster growth
TSM
12.8%
Better value
TSM
+7% upside
CGNX vs TSM — FAQ
Is CGNX or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 3). TSM offers the higher yield (1.00%), while CGNX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CGNX or TSM?
TSM has the higher forward dividend yield at 1.00%, versus 0.75% for CGNX.
Is CGNX or TSM safer?
CGNX has the higher dividend-safety score (76/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is CGNX 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 CGNX, its fair-value estimate is 44% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.