HPQ vs TSM: Which Is the Better Dividend Stock?
As of July 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. HPQ offers the higher yield at 4.83%, HPQ has the higher dividend-safety score, and TSM trades at the larger discount to fair value (+18%).
| Metric | HPQ | TSM |
|---|---|---|
| Forward yield | 4.83% | 0.95% |
| Annual dividend | $1.20 | $3.79 |
| Payout ratio | 44% | 26% |
| Years of growth | 15 yr | 2 yr |
| 5-yr dividend growth | 10.1% | 12.8% |
| 5-yr total return | -16% | 235% |
| Dividend safety score | 94 (A) | 68 (B) |
| Fair value estimate | $23.16 | $471.14 |
| Upside to fair value | -7% | +18% |
| Frequency | quarterly | quarterly |
| Market cap | $22.1B | $2.1T |
| P/E ratio | 9.2 | 29.8 |
Higher yield
HPQ
4.83%
Safer dividend
HPQ
Grade A
Faster growth
TSM
12.8%
Better value
TSM
+18% upside
HPQ vs TSM — FAQ
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