LRCX vs TSM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, LRCX (Lam Research Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TSM offers the higher yield at 0.95%, LRCX has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 10% above its share price).
Key facts: LRCX vs TSM
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has the higher forward dividend yield at 0.95%, versus 0.60% for Lam Research Corporation (LRCX).
- As of Nov 5, 2026, SmarterDividends grades LRCX's dividend safety A (91/100) and TSM's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, LRCX has raised its dividend for 11 consecutive years and TSM for 2.
- As of Nov 5, 2026, LRCX pays out 17% of its earnings as dividends and TSM pays out 24%.
- As of Nov 5, 2026, LRCX's fair-value estimate is 45% below its share price and TSM's fair-value estimate is 10% above its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LRCX vs TSM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/lrcx-vs-tsm
| Metric | LRCX | TSM |
|---|---|---|
| Forward yield | 0.60% | 0.95% |
| Annual dividend | $1.32 | $3.77 |
| Payout ratio | 17% | 24% |
| Years of growth | 11 yr | 2 yr |
| 5-yr dividend growth | 14.9% | 12.8% |
| 5-yr total return | 252% | 247% |
| Dividend safety score | 91 (A) | 68 (B) |
| Fair value estimate | $108.74 | $403.11 |
| Upside to fair value | -45% | +10% |
| Frequency | quarterly | quarterly |
| Market cap | $246.5B | $1.9T |
| P/E ratio | 29.4 | 23.7 |
Higher yield
TSM
0.95%
Safer dividend
LRCX
Grade A
Faster growth
LRCX
14.9%
Better value
TSM
+10% upside
LRCX vs TSM — FAQ
Is LRCX or TSM a better dividend stock?
On the data, LRCX wins more head-to-head categories (5 vs 3). TSM offers the higher yield (0.95%), while LRCX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, LRCX or TSM?
TSM has the higher forward dividend yield at 0.95%, versus 0.60% for LRCX.
Is LRCX or TSM safer?
LRCX has the higher dividend-safety score (91/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is LRCX or TSM better value right now?
As of Nov 5, 2026, TSM looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For LRCX, its fair-value estimate is 45% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.