SmarterDividends

GRMN vs TSM: Which Is the Better Dividend Stock?

As of September 2026, GRMN and TSM are closely matched. GRMN offers the higher yield at 1.52%, GRMN has the higher dividend-safety score, and TSM trades at the larger discount to fair value (+11%).

MetricGRMNTSM
Forward yield1.52%0.95%
Annual dividend$4.20$4.08
Payout ratio39%26%
Years of growth8 yr2 yr
5-yr dividend growth7.5%12.8%
5-yr total return78%284%
Dividend safety score84 (A)68 (B)
Fair value estimate$223.69$475.38
Upside to fair value-19%+11%
Frequencyquarterlyquarterly
Market cap$53.4B$2.2T
P/E ratio28.631.8

Higher yield

GRMN

1.52%

Safer dividend

GRMN

Grade A

Faster growth

TSM

12.8%

Better value

TSM

+11% upside

GRMN vs TSM — FAQ

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