GEN vs TSM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. GEN offers the higher yield at 2.07%, GEN has the higher dividend-safety score, and GEN looks like the better value (its fair-value estimate is 39% above its share price).
Key facts: GEN vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Gen Digital Inc. (GEN) has the higher forward dividend yield at 2.07%, versus 0.91% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Oct 18, 2026, SmarterDividends grades GEN's dividend safety B (72/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 18, 2026, GEN has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 18, 2026, GEN pays out 29% of its earnings as dividends and TSM pays out 24%.
- As of Oct 18, 2026, GEN's fair-value estimate is 39% above its share price and TSM's fair-value estimate is 2% below its share price, so GEN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GEN vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/gen-vs-tsm
| Metric | GEN | TSM |
|---|---|---|
| Forward yield | 2.07% | 0.91% |
| Annual dividend | $0.50 | $3.77 |
| Payout ratio | 29% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 0.0% | 12.8% |
| 5-yr total return | -3% | 252% |
| Dividend safety score | 72 (B) | 68 (B) |
| Fair value estimate | $33.61 | $403.11 |
| Upside to fair value | +39% | -2% |
| Frequency | quarterly | quarterly |
| Market cap | $14.5B | $2.1T |
| P/E ratio | 14.1 | 26.7 |
Higher yield
GEN
2.07%
Safer dividend
GEN
Grade B
Faster growth
TSM
12.8%
Better value
GEN
+39% upside
GEN vs TSM — FAQ
Is GEN or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 3). GEN offers the higher yield (2.07%), while GEN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, GEN or TSM?
GEN has the higher forward dividend yield at 2.07%, versus 0.91% for TSM.
Is GEN or TSM safer?
GEN has the higher dividend-safety score (72/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is GEN or TSM better value right now?
As of Oct 18, 2026, GEN looks like the better value: its fair-value estimate is 39% above its share price (undervalued). For TSM, its fair-value estimate is 2% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.