MU vs TSM: Which Is the Better Dividend Stock?
As of Oct 29, 2026, MU (Micron Technology, Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TSM offers the higher yield at 0.86%, MU has the higher dividend-safety score, and MU looks like the better value (its fair-value estimate is 6% below its share price).
Key facts: MU vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Taiwan Semiconductor Manufacturing Company Limited (TSM) has the higher forward dividend yield at 0.86%, versus 0.06% for Micron Technology, Inc. (MU).
- As of Oct 29, 2026, SmarterDividends grades MU's dividend safety A (86/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 29, 2026, MU has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 29, 2026, MU pays out 1% of its earnings as dividends and TSM pays out 24%.
- As of Oct 29, 2026, MU's fair-value estimate is 6% below its share price and TSM's fair-value estimate is 8% below its share price, so MU looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MU vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/mu-vs-tsm
| Metric | MU | TSM |
|---|---|---|
| Forward yield | 0.06% | 0.86% |
| Annual dividend | $0.60 | $3.77 |
| Payout ratio | 1% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 12.8% |
| 5-yr total return | 945% | 257% |
| Dividend safety score | 86 (A) | 68 (B) |
| Fair value estimate | $919.37 | $403.11 |
| Upside to fair value | -6% | -8% |
| Frequency | quarterly | quarterly |
| Market cap | $1.1T | $2.3T |
| P/E ratio | 13.2 | 28.5 |
Higher yield
TSM
0.86%
Safer dividend
MU
Grade A
Faster growth
TSM
12.8%
Better value
MU
-6% upside
MU vs TSM — FAQ
Is MU or TSM a better dividend stock?
On the data, MU wins more head-to-head categories (4 vs 3). TSM offers the higher yield (0.86%), while MU has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, MU or TSM?
TSM has the higher forward dividend yield at 0.86%, versus 0.06% for MU.
Is MU or TSM safer?
MU has the higher dividend-safety score (86/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is MU or TSM better value right now?
As of Oct 29, 2026, MU looks like the better value: its fair-value estimate is 6% below its share price (fairly valued). For TSM, its fair-value estimate is 8% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.