ASX vs TSM: Which Is the Better Dividend Stock?
As of September 2026, TSM (Taiwan Semiconductor Manufacturing Company Limited) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ASX offers the higher yield at 0.95%, TSM has the higher dividend-safety score, and TSM trades at the larger discount to fair value (+9%).
| Metric | ASX | TSM |
|---|---|---|
| Forward yield | 0.95% | 0.91% |
| Annual dividend | $0.42 | $4.07 |
| Payout ratio | 51% | 26% |
| Years of growth | 1 yr | 2 yr |
| 5-yr dividend growth | 21.2% | 12.8% |
| 5-yr total return | 485% | 282% |
| Dividend safety score | 60 (C) | 68 (B) |
| Fair value estimate | $28.94 | $472.56 |
| Upside to fair value | -30% | +9% |
| Frequency | annual | quarterly |
| Market cap | $117.7B | $2.3T |
| P/E ratio | 55.1 | 33.1 |
Higher yield
ASX
0.95%
Safer dividend
TSM
Grade B
Faster growth
ASX
21.2%
Better value
TSM
+9% upside
ASX vs TSM — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.