ESE vs TSM: Which Is the Better Dividend Stock?
As of Oct 1, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TSM offers the higher yield at 0.89%, ESE has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 23% below its share price).
Key facts: ESE vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 1, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has the higher forward dividend yield at 0.89%, versus 0.12% for ESCO Technologies Inc. (ESE).
- As of Oct 1, 2026, SmarterDividends grades ESE's dividend safety A (95/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 1, 2026, ESE has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 1, 2026, ESE pays out 6% of its earnings as dividends and TSM pays out 26%.
- As of Oct 1, 2026, ESE's fair-value estimate is 58% below its share price and TSM's fair-value estimate is 23% below its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ESE vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 1, 2026, https://smarterdividends.com/compare/ese-vs-tsm
| Metric | ESE | TSM |
|---|---|---|
| Forward yield | 0.12% | 0.89% |
| Annual dividend | $0.32 | $4.07 |
| Payout ratio | 6% | 26% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 0.0% | 12.8% |
| 5-yr total return | 217% | 296% |
| Dividend safety score | 95 (A) | 68 (B) |
| Fair value estimate | $112.06 | $350.34 |
| Upside to fair value | -58% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $6.9B | $2.4T |
| P/E ratio | 49.2 | 34.0 |
Higher yield
TSM
0.89%
Safer dividend
ESE
Grade A
Faster growth
TSM
12.8%
Better value
TSM
-23% upside
ESE vs TSM — FAQ
Is ESE or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (6 vs 2). TSM offers the higher yield (0.89%), while ESE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ESE or TSM?
TSM has the higher forward dividend yield at 0.89%, versus 0.12% for ESE.
Is ESE or TSM safer?
ESE has the higher dividend-safety score (95/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is ESE or TSM better value right now?
As of Oct 1, 2026, TSM looks like the better value: its fair-value estimate is 23% below its share price (overvalued). For ESE, its fair-value estimate is 58% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.