PLUS vs TSM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, PLUS and TSM are closely matched. PLUS offers the higher yield at 1.15%, TSM has the higher dividend-safety score, and PLUS looks like the better value (its fair-value estimate is 40% above its share price).
Key facts: PLUS vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, ePlus inc. (PLUS) has the higher forward dividend yield at 1.15%, versus 0.91% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- By SmarterDividends' count as of Oct 18, 2026, PLUS has raised its dividend for 0 consecutive years and TSM for 2.
- As of Oct 18, 2026, PLUS pays out 22% of its earnings as dividends and TSM pays out 24%.
- As of Oct 18, 2026, PLUS's fair-value estimate is 40% above its share price and TSM's fair-value estimate is 2% below its share price, so PLUS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PLUS vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/plus-vs-tsm
| Metric | PLUS | TSM |
|---|---|---|
| Forward yield | 1.15% | 0.91% |
| Annual dividend | $1.08 | $3.77 |
| Payout ratio | 22% | 24% |
| Years of growth | 0 yr | 2 yr |
| 5-yr dividend growth | — | 12.8% |
| 5-yr total return | 78% | 252% |
| Dividend safety score | — | 68 (B) |
| Fair value estimate | $131.52 | $403.11 |
| Upside to fair value | +40% | -2% |
| Frequency | quarterly | quarterly |
| Market cap | $2.5B | $2.1T |
| P/E ratio | 20.2 | 26.7 |
Higher yield
PLUS
1.15%
Safer dividend
TSM
Grade B
Faster growth
TSM
12.8%
Better value
PLUS
+40% upside
PLUS vs TSM — FAQ
Is PLUS or TSM a better dividend stock?
PLUS and TSM are closely matched. PLUS has the higher yield; TSM scores better on safety.
Which has a higher dividend yield, PLUS or TSM?
PLUS has the higher forward dividend yield at 1.15%, versus 0.91% for TSM.
Is PLUS or TSM safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is PLUS or TSM better value right now?
As of Oct 18, 2026, PLUS looks like the better value: its fair-value estimate is 40% above its share price (undervalued). 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.