SmarterDividends

NVEC vs TSM: Which Is the Better Dividend Stock?

As of Oct 27, 2026, NVEC and TSM are closely matched. NVEC offers the higher yield at 5.29%, NVEC has the higher dividend-safety score, and NVEC looks like the better value (its fair-value estimate is 1% below its share price).

Key facts: NVEC vs TSM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, NVE Corporation (NVEC) has the higher forward dividend yield at 5.29%, versus 0.89% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
  • As of Oct 27, 2026, SmarterDividends grades NVEC's dividend safety B (76/100) and TSM's B (68/100).
  • By SmarterDividends' count as of Oct 27, 2026, NVEC has raised its dividend for 0 consecutive years and TSM for 2.
  • As of Oct 27, 2026, NVEC pays out 108% of its earnings as dividends and TSM pays out 24%.
  • As of Oct 27, 2026, NVEC's fair-value estimate is 1% below its share price and TSM's fair-value estimate is 5% below its share price, so NVEC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NVEC vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/nvec-vs-tsm

MetricNVECTSM
Forward yield5.29%0.89%
Annual dividend$4.00$3.77
Payout ratio108%24%
Years of growth0 yr2 yr
5-yr dividend growth0.0%12.8%
5-yr total return8%257%
Dividend safety score76 (B)68 (B)
Fair value estimate$75.05$403.11
Upside to fair value-1%-5%
Frequencyquarterlyquarterly
Market cap$366.0M$2.2T
P/E ratio20.527.5

Higher yield

NVEC

5.29%

Safer dividend

NVEC

Grade B

Faster growth

TSM

12.8%

Better value

NVEC

-1% upside

NVEC vs TSM — FAQ

Is NVEC or TSM a better dividend stock?

NVEC and TSM are closely matched. NVEC has the higher yield; NVEC scores better on safety.

Which has a higher dividend yield, NVEC or TSM?

NVEC has the higher forward dividend yield at 5.29%, versus 0.89% for TSM.

Is NVEC or TSM safer?

NVEC has the higher dividend-safety score (76/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.

Is NVEC or TSM better value right now?

As of Oct 27, 2026, NVEC looks like the better value: its fair-value estimate is 1% below its share price (fairly valued). For TSM, its fair-value estimate is 5% below its share price.

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