DSWL 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 5 of 8 head-to-head metrics. DSWL offers the higher yield at 6.69%, DSWL has the higher dividend-safety score, and DSWL looks like the better value (its fair-value estimate is 86% above its share price).
Key facts: DSWL vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Deswell Industries, Inc. (DSWL) has the higher forward dividend yield at 6.69%, versus 0.89% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Oct 27, 2026, SmarterDividends grades DSWL's dividend safety B (75/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 27, 2026, DSWL has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 27, 2026, DSWL pays out 30% of its earnings as dividends and TSM pays out 24%.
- As of Oct 27, 2026, DSWL's fair-value estimate is 86% above its share price and TSM's fair-value estimate is 5% below its share price, so DSWL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DSWL vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/dswl-vs-tsm
| Metric | DSWL | TSM |
|---|---|---|
| Forward yield | 6.69% | 0.89% |
| Annual dividend | $0.20 | $3.77 |
| Payout ratio | 30% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 2.1% | 12.8% |
| 5-yr total return | -37% | 257% |
| Dividend safety score | 75 (B) | 68 (B) |
| Fair value estimate | $5.55 | $403.11 |
| Upside to fair value | +86% | -5% |
| Frequency | semiannual | quarterly |
| Market cap | $47.5M | $2.2T |
| P/E ratio | 4.5 | 27.5 |
Higher yield
DSWL
6.69%
Safer dividend
DSWL
Grade B
Faster growth
TSM
12.8%
Better value
DSWL
+86% upside
DSWL vs TSM — FAQ
Is DSWL or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 3). DSWL offers the higher yield (6.69%), while DSWL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DSWL or TSM?
DSWL has the higher forward dividend yield at 6.69%, versus 0.89% for TSM.
Is DSWL or TSM safer?
DSWL has the higher dividend-safety score (75/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is DSWL or TSM better value right now?
As of Oct 27, 2026, DSWL looks like the better value: its fair-value estimate is 86% above its share price (undervalued). For TSM, its fair-value estimate is 5% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.