SmarterDividends

KSPI vs TSM: Which Is the Better Dividend Stock?

As of Oct 30, 2026, KSPI (Joint Stock Company Kaspi.kz) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. KSPI offers the higher yield at 6.27%, TSM has the higher dividend-safety score, and KSPI looks like the better value (its fair-value estimate is 133% above its share price).

Key facts: KSPI vs TSM

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, Joint Stock Company Kaspi.kz (KSPI) has the higher forward dividend yield at 6.27%, versus 0.86% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
  • By SmarterDividends' count as of Oct 30, 2026, KSPI has raised its dividend for 0 consecutive years and TSM for 2.
  • As of Oct 30, 2026, KSPI pays out 33% of its earnings as dividends and TSM pays out 24%.
  • As of Oct 30, 2026, KSPI's fair-value estimate is 133% above its share price and TSM's fair-value estimate is 7% below its share price, so KSPI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "KSPI vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/kspi-vs-tsm

MetricKSPITSM
Forward yield6.27%0.86%
Annual dividend$5.74$3.77
Payout ratio33%24%
Years of growth0 yr2 yr
5-yr dividend growth—12.8%
5-yr total return—257%
Dividend safety score—68 (B)
Fair value estimate$220.23$403.11
Upside to fair value+133%-7%
Frequencyquarterlyquarterly
Market cap$18.0B$2.2T
P/E ratio8.728.0

Higher yield

KSPI

6.27%

Safer dividend

TSM

Grade B

Faster growth

TSM

12.8%

Better value

KSPI

+133% upside

KSPI vs TSM — FAQ

Is KSPI or TSM a better dividend stock?

On the data, KSPI wins more head-to-head categories (3 vs 2). KSPI offers the higher yield (6.27%), while TSM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, KSPI or TSM?

KSPI has the higher forward dividend yield at 6.27%, versus 0.86% for TSM.

Is KSPI or TSM safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is KSPI or TSM better value right now?

As of Oct 30, 2026, KSPI looks like the better value: its fair-value estimate is 133% above its share price (undervalued). For TSM, its fair-value estimate is 7% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.