SmarterDividends

TCLHF vs TSM: Which Is the Better Dividend Stock?

As of Oct 27, 2026, TCLHF (TCL Electronics Holdings Limited) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TCLHF offers the higher yield at 3.02%, TSM has the higher dividend-safety score, and TCLHF looks like the better value (its fair-value estimate is 30% above its share price).

Key facts: TCLHF vs TSM

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, TCL Electronics Holdings Limited (TCLHF) has the higher forward dividend yield at 3.02%, versus 0.89% for Taiwan Semiconductor Manufacturing Company Limited (TSM).
  • As of Oct 27, 2026, SmarterDividends grades TCLHF's dividend safety C (54/100) and TSM's B (68/100).
  • By SmarterDividends' count as of Oct 27, 2026, TCLHF has raised its dividend for 2 consecutive years and TSM for 2.
  • As of Oct 27, 2026, TCLHF pays out 71% of its earnings as dividends and TSM pays out 24%.
  • As of Oct 27, 2026, TCLHF's fair-value estimate is 30% above its share price and TSM's fair-value estimate is 5% below its share price, so TCLHF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricTCLHFTSM
Forward yield3.02%0.89%
Annual dividend$0.06$3.77
Payout ratio71%24%
Years of growth2 yr2 yr
5-yr dividend growth24.9%12.8%
5-yr total return312%257%
Dividend safety score54 (C)68 (B)
Fair value estimate$2.72$403.11
Upside to fair value+30%-5%
Frequencyannualquarterly
Market cap$5.3B$2.2T
P/E ratio14.027.5

Higher yield

TCLHF

3.02%

Safer dividend

TSM

Grade B

Faster growth

TCLHF

24.9%

Better value

TCLHF

+30% upside

TCLHF vs TSM — FAQ

Is TCLHF or TSM a better dividend stock?

On the data, TCLHF wins more head-to-head categories (4 vs 3). TCLHF offers the higher yield (3.02%), 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, TCLHF or TSM?

TCLHF has the higher forward dividend yield at 3.02%, versus 0.89% for TSM.

Is TCLHF or TSM safer?

TSM has the higher dividend-safety score (68/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.

Is TCLHF or TSM better value right now?

As of Oct 27, 2026, TCLHF looks like the better value: its fair-value estimate is 30% above its share price (undervalued). 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.