IMMR vs TSM: Which Is the Better Dividend Stock?
As of Oct 22, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. IMMR offers the higher yield at 4.16%, IMMR has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 7% below its share price).
Key facts: IMMR vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 22, 2026, Immersion Corporation (IMMR) has the higher forward dividend yield at 4.16%, versus 0.87% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Oct 22, 2026, SmarterDividends grades IMMR's dividend safety B (71/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 22, 2026, IMMR has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 22, 2026, IMMR pays out 79% of its earnings as dividends and TSM pays out 24%.
- As of Oct 22, 2026, IMMR's fair-value estimate is 22% below its share price and TSM's fair-value estimate is 7% below its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "IMMR vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 22, 2026, https://smarterdividends.com/compare/immr-vs-tsm
| Metric | IMMR | TSM |
|---|---|---|
| Forward yield | 4.16% | 0.87% |
| Annual dividend | $0.30 | $3.77 |
| Payout ratio | 79% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 12.8% |
| 5-yr total return | 16% | 252% |
| Dividend safety score | 71 (B) | 68 (B) |
| Fair value estimate | $5.63 | $403.11 |
| Upside to fair value | -22% | -7% |
| Frequency | quarterly | quarterly |
| Market cap | $239.1M | $2.2T |
| P/E ratio | 21.2 | 28.0 |
Higher yield
IMMR
4.16%
Safer dividend
IMMR
Grade B
Faster growth
TSM
12.8%
Better value
TSM
-7% upside
IMMR vs TSM — FAQ
Is IMMR or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 2). IMMR offers the higher yield (4.16%), while IMMR has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, IMMR or TSM?
IMMR has the higher forward dividend yield at 4.16%, versus 0.87% for TSM.
Is IMMR or TSM safer?
IMMR has the higher dividend-safety score (71/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is IMMR or TSM better value right now?
As of Oct 22, 2026, TSM looks like the better value: its fair-value estimate is 7% below its share price (fairly valued). For IMMR, its fair-value estimate is 22% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.