SHMZF vs TSM: Which Is the Better Dividend Stock?
As of Oct 27, 2026, SHMZF (Shimadzu Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SHMZF offers the higher yield at 2.35%, SHMZF has the higher dividend-safety score, and SHMZF looks like the better value (its fair-value estimate is 11% above its share price).
Key facts: SHMZF vs TSM
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Shimadzu Corporation (SHMZF) has the higher forward dividend yield at 2.35%, versus 0.89% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
- As of Oct 27, 2026, SmarterDividends grades SHMZF's dividend safety B (71/100) and TSM's B (68/100).
- By SmarterDividends' count as of Oct 27, 2026, SHMZF has raised its dividend for 5 consecutive years and TSM for 2.
- As of Oct 27, 2026, SHMZF pays out 30% of its earnings as dividends and TSM pays out 24%.
- As of Oct 27, 2026, SHMZF's fair-value estimate is 11% above its share price and TSM's fair-value estimate is 5% below its share price, so SHMZF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SHMZF vs TSM: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/shmzf-vs-tsm
| Metric | SHMZF | TSM |
|---|---|---|
| Forward yield | 2.35% | 0.89% |
| Annual dividend | $0.55 | $3.77 |
| Payout ratio | 30% | 24% |
| Years of growth | 5 yr | 2 yr |
| 5-yr dividend growth | 17.4% | 12.8% |
| 5-yr total return | -43% | 257% |
| Dividend safety score | 71 (B) | 68 (B) |
| Fair value estimate | $26.03 | $403.11 |
| Upside to fair value | +11% | -5% |
| Frequency | semiannual | quarterly |
| Market cap | $6.7B | $2.2T |
| P/E ratio | 15.8 | 27.5 |
Higher yield
SHMZF
2.35%
Safer dividend
SHMZF
Grade B
Faster growth
SHMZF
17.4%
Better value
SHMZF
+11% upside
SHMZF vs TSM — FAQ
Is SHMZF or TSM a better dividend stock?
On the data, SHMZF wins more head-to-head categories (5 vs 3). SHMZF offers the higher yield (2.35%), while SHMZF has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, SHMZF or TSM?
SHMZF has the higher forward dividend yield at 2.35%, versus 0.89% for TSM.
Is SHMZF or TSM safer?
SHMZF has the higher dividend-safety score (71/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is SHMZF or TSM better value right now?
As of Oct 27, 2026, SHMZF looks like the better value: its fair-value estimate is 11% above its share price (fairly valued). For TSM, its fair-value estimate is 5% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.