LYTS 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. LYTS offers the higher yield at 1.01%, LYTS has the higher dividend-safety score, and LYTS looks like the better value (its fair-value estimate is 11% above its share price).
Key facts: LYTS vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, LSI Industries Inc. (LYTS) has the higher forward dividend yield at 1.01%, versus 0.91% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Oct 18, 2026, SmarterDividends grades LYTS's dividend safety A (82/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 18, 2026, LYTS has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 18, 2026, LYTS pays out 30% of its earnings as dividends and TSM pays out 24%.
- As of Oct 18, 2026, LYTS's fair-value estimate is 11% above its share price and TSM's fair-value estimate is 2% below its share price, so LYTS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LYTS vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/lyts-vs-tsm
| Metric | LYTS | TSM |
|---|---|---|
| Forward yield | 1.01% | 0.91% |
| Annual dividend | $0.20 | $3.77 |
| Payout ratio | 30% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | 0.0% | 12.8% |
| 5-yr total return | 178% | 252% |
| Dividend safety score | 82 (A) | 68 (B) |
| Fair value estimate | $21.82 | $403.11 |
| Upside to fair value | +11% | -2% |
| Frequency | quarterly | quarterly |
| Market cap | $735.6M | $2.1T |
| P/E ratio | 29.4 | 26.7 |
Higher yield
LYTS
1.01%
Safer dividend
LYTS
Grade A
Faster growth
TSM
12.8%
Better value
LYTS
+11% upside
LYTS vs TSM — FAQ
Is LYTS or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (5 vs 3). LYTS offers the higher yield (1.01%), while LYTS has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, LYTS or TSM?
LYTS has the higher forward dividend yield at 1.01%, versus 0.91% for TSM.
Is LYTS or TSM safer?
LYTS has the higher dividend-safety score (82/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is LYTS or TSM better value right now?
As of Oct 18, 2026, LYTS looks like the better value: its fair-value estimate is 11% above its share price (fairly valued). 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.