SAPGF vs TSM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. SAPGF offers the higher yield at 1.23%, TSM has the higher dividend-safety score, and TSM looks like the better value (its fair-value estimate is 10% above its share price).
Key facts: SAPGF vs TSM
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SAP SE (SAPGF) has the higher forward dividend yield at 1.23%, versus 0.95% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Nov 5, 2026, SmarterDividends grades SAPGF's dividend safety C (62/100) and TSM's B (68/100).
- By SmarterDividends' count as of Nov 5, 2026, SAPGF has raised its dividend for 2 consecutive years and TSM for 2.
- As of Nov 5, 2026, SAPGF pays out 36% of its earnings as dividends and TSM pays out 24%.
- As of Nov 5, 2026, SAPGF's fair-value estimate is 37% below its share price and TSM's fair-value estimate is 10% above its share price, so TSM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SAPGF vs TSM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/sapgf-vs-tsm
| Metric | SAPGF | TSM |
|---|---|---|
| Forward yield | 1.23% | 0.95% |
| Annual dividend | $2.93 | $3.77 |
| Payout ratio | 36% | 24% |
| Years of growth | 2 yr | 2 yr |
| 5-yr dividend growth | 8.7% | 12.8% |
| 5-yr total return | 80% | 247% |
| Dividend safety score | 62 (C) | 68 (B) |
| Fair value estimate | $152.19 | $403.11 |
| Upside to fair value | -37% | +10% |
| Frequency | annual | quarterly |
| Market cap | $280.4B | $1.9T |
| P/E ratio | 30.2 | 23.7 |
Higher yield
SAPGF
1.23%
Safer dividend
TSM
Grade B
Faster growth
TSM
12.8%
Better value
TSM
+10% upside
SAPGF vs TSM — FAQ
Is SAPGF or TSM a better dividend stock?
On the data, TSM wins more head-to-head categories (6 vs 1). SAPGF offers the higher yield (1.23%), 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, SAPGF or TSM?
SAPGF has the higher forward dividend yield at 1.23%, versus 0.95% for TSM.
Is SAPGF or TSM safer?
TSM has the higher dividend-safety score (68/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.
Is SAPGF or TSM better value right now?
As of Nov 5, 2026, TSM looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For SAPGF, its fair-value estimate is 37% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.