NOVTU vs TSM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. NOVTU offers the higher yield at 3.82%, TSM has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 5% below its share price).
Key facts: NOVTU vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Novanta Inc. (NOVTU) has the higher forward dividend yield at 3.82%, versus 0.89% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- By SmarterDividends' count as of Oct 27, 2026, NOVTU has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 27, 2026, NOVTU's fair-value estimate is 47% below its share price and TSM's fair-value estimate is 5% below its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NOVTU vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/novtu-vs-tsm
| Metric | NOVTU | TSM |
|---|---|---|
| Forward yield | 3.82% | 0.89% |
| Annual dividend | $2.34 | $3.77 |
| Payout ratio | — | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 12.8% |
| 5-yr total return | — | 257% |
| Dividend safety score | — | 68 (B) |
| Fair value estimate | $32.40 | $403.11 |
| Upside to fair value | -47% | -5% |
| Frequency | quarterly | quarterly |
| Market cap | — | $2.2T |
| P/E ratio | — | 27.5 |
Higher yield
NOVTU
3.82%
Safer dividend
TSM
Grade B
Faster growth
TSM
12.8%
Better value
TSM
-5% upside
NOVTU vs TSM — FAQ
Is NOVTU or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (3 vs 1). NOVTU offers the higher yield (3.82%), 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, NOVTU or TSM?
NOVTU has the higher forward dividend yield at 3.82%, versus 0.89% for TSM.
Is NOVTU or TSM safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is NOVTU or TSM better value right now?
As of Oct 27, 2026, TSM looks like the better value: its fair-value estimate is 5% below its share price (fairly valued). For NOVTU, its fair-value estimate is 47% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.